FSP Options History — March 2013

In March 2013, FSP traded between $13.94 and $14.76. ATM implied volatility averaged 58.9%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 36.9% (HV 20d: 22.0%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-03-07: Highest Volume — 400 contracts
  • 2013-03-13: Largest IV spike — 413.7% change
  • 2013-03-13: Highest IV Rank — 71.1%
  • 2013-03-28: Largest Expected Move — 40.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.22$13.94$14.76$13.96$14.62
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV58.9%12.7%143.8%133.3%142.7%
Expected Move12.9%3.6%40.9%38.2%40.9%
HV 20d22.0%14.9%26.0%26.0%14.9%
HV 60d20.0%19.6%20.3%19.6%20.3%
IV Rank26.7%2.5%71.1%65.6%70.5%
IV Percentile26.3%0.4%69.8%66.7%69.4%
Term Structure-0.4%-43.7%92.3%-43.7%-42.8%
Skew 25d3.5%-5.6%11.4%1.3%-5.6%
Skew 10d4.6%-5.7%18.5%15.0%9.6%
Call IV 25d35.9%10.3%110.1%105.1%110.1%
Put IV 25d39.5%16.9%106.4%106.4%104.5%
Bid-Ask Spread %94.5015.47154.65154.65148.70
Gamma HHI0.890.671.001.000.94
Net GEX19.8K53132.7K53130.5K
Net DEX-255.4K-425.8K-45.9K-45.9K-363.0K
Net VEX-1.3K-1.7K-202-247-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume28.2040000
Total OI508.258361983616

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-03-01$13.96$12.50133.3%38.2%26.0%65.6%0.0%1.3%-43.7%531-45.9K-2470.00154.65N/AN/A006023
2013-03-04$13.94$0.0036.3%4.8%25.4%14.9%0.0%2.8%8.6%1.3K-57.9K-2020.0027.57N/AN/A16406023
2013-03-05$14.15$0.0097.0%14.6%25.1%46.7%0.0%-3.0%0.6%6.1K-142.0K-7000.00147.56N/AN/A0022423
2013-03-06$13.96$0.00109.5%15.9%25.4%53.2%0.0%-3.9%-12.9%6.2K-129.5K-6800.00144.34N/AN/A0022423
2013-03-07$14.08$0.0049.3%5.8%25.4%21.7%0.0%8.6%13.9%8.0K-119.2K-6040.0027.05N/AN/A400022423
2013-03-08$14.09$0.0053.0%7.6%24.9%23.6%0.0%11.4%10.0%25.3K-285.5K-1.5K0.0078.97N/AN/A0059623
2013-03-11$14.12$0.0043.7%4.4%23.5%18.8%0.0%5.7%8.4%25.2K-263.5K-1.4K0.0023.35N/AN/A0059623
2013-03-12$14.00$0.0028.0%4.9%23.8%10.5%0.0%3.4%6.2%23.8K-249.0K-1.5K0.0080.03N/AN/A0059623
2013-03-13$13.98$0.00143.8%22.8%23.5%71.1%0.0%-2.4%-24.3%23.1K-237.2K-1.4K0.00148.29N/AN/A0059623
2013-03-14$14.14$0.0013.0%3.7%23.7%2.6%0.0%4.5%6.5%26.4K-235.6K-1.4K0.0015.47N/AN/A0059623
2013-03-15$14.17$0.0047.1%13.5%23.4%20.5%0.0%0.3%-19.6%18.1K-339.2K-1.7K0.00148.02N/AN/A0059623
2013-03-18$14.24$0.0014.4%4.1%23.4%3.4%0.0%6.8%92.3%29.4K-242.5K-1.3K0.0026.53N/AN/A0059620
2013-03-19$14.20$0.0012.7%3.6%23.4%2.5%0.0%5.0%-0.3%30.9K-267.6K-1.4K0.0015.77N/AN/A0059620
2013-03-20$14.34$0.0038.8%11.1%21.3%16.2%0.0%8.4%-12.1%19.9K-358.0K-1.7K0.00142.57N/AN/A0059620
2013-03-21$14.22$0.0047.0%13.5%20.2%20.5%0.0%4.7%-4.7%14.3K-379.7K-1.7K0.00146.84N/AN/A0059620
2013-03-22$14.34$0.0013.6%3.9%19.4%3.0%0.0%8.1%-2.2%30.1K-263.7K-1.4K0.0042.20N/AN/A0059620
2013-03-25$14.57$0.0014.0%4.0%16.8%3.2%0.0%9.0%-0.4%32.7K-320.3K-1.5K0.0084.67N/AN/A0059620
2013-03-26$14.76$0.0028.8%8.3%16.2%10.9%0.0%6.1%-8.0%22.6K-425.8K-1.7K0.00138.13N/AN/A0059620
2013-03-27$14.54$0.00112.5%32.2%15.0%54.7%0.0%-0.6%16.1%22.1K-383.9K-1.6K0.00149.20N/AN/A0059620
2013-03-28$14.62$0.00142.7%40.9%14.9%70.5%0.0%-5.6%-42.8%30.5K-363.0K-1.6K0.00148.70N/AN/A0059620