FSP Options History — October 2013

In October 2013, FSP traded between $12.36 and $13.75. ATM implied volatility averaged 24.3%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 4.6% (HV 20d: 19.7%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2013-10-29: Highest Volume — 60 contracts
2013-10-31: Largest IV spike — 69.4% change
2013-10-31: Highest IV Rank — 13.8%
2013-10-31: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.04	$12.36	$13.75	$12.75	$13.20
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	24.3%	18.1%	37.9%	23.5%	37.9%
Expected Move	7.1%	5.2%	10.9%	6.7%	10.9%
HV 20d	19.7%	15.3%	23.5%	23.4%	19.0%
HV 60d	22.5%	21.1%	23.3%	22.8%	21.7%
IV Rank	6.4%	3.0%	13.8%	5.9%	13.8%
IV Percentile	42.7%	18.7%	68.7%	39.7%	68.7%
Term Structure	-0.7%	-14.3%	18.1%	0.5%	-14.3%
VWIV	24.7%	24.7%	24.7%	24.7%	24.7%
Skew 25d	14.1%	-15.7%	55.0%	2.2%	-15.7%
Skew 10d	36.7%	-8.0%	125.6%	7.6%	7.8%
Call IV 25d	23.9%	16.4%	42.9%	24.4%	35.0%
Put IV 25d	38.0%	19.2%	80.4%	26.6%	19.3%
Bid-Ask Spread %	30.20	8.96	131.26	13.67	57.54
Gamma HHI	0.55	0.50	0.64	0.52	0.57
Net GEX	-95	-1.6K	2.8K	-813	2.4K
Net DEX	11.9K	-24.3K	47.7K	27.4K	-18.8K
Net VEX	-308	-444	-163	-338	-439
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	3.043	0	60	0	0
Total OI	229.087	219	279	221	279

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2013-10-01	$12.75	$0.00	23.5%	6.7%	23.4%	5.9%	0.0%	2.2%	0.5%	-813	27.4K	-338	13.67	N/A	N/A	0	138	83
2013-10-02	$12.71	$0.00	24.1%	6.9%	23.5%	6.2%	0.0%	55.0%	0.7%	-1.5K	34.4K	-309	15.84	N/A	N/A	0	138	83
2013-10-03	$12.56	$0.00	23.8%	6.8%	22.5%	6.1%	0.0%	-2.7%	2.7%	-1.3K	40.1K	-307	14.20	N/A	N/A	0	138	83
2013-10-04	$12.53	$0.00	24.6%	7.7%	21.9%	6.5%	0.0%	1.6%	-3.0%	-1.3K	37.5K	-306	23.54	N/A	N/A	0	138	83
2013-10-07	$12.50	$0.00	23.4%	7.9%	20.6%	5.9%	0.0%	1.0%	-2.4%	-1.1K	36.5K	-314	14.64	N/A	N/A	0	138	83
2013-10-08	$12.36	$0.00	23.7%	6.3%	21.0%	6.1%	0.0%	4.3%	5.7%	-1.6K	47.7K	-273	78.44	N/A	N/A	0	138	83
2013-10-09	$12.49	$0.00	22.6%	7.4%	21.2%	5.5%	0.0%	0.2%	-0.3%	-1.2K	39.7K	-302	16.32	N/A	N/A	0	138	83
2013-10-10	$12.82	$0.00	24.7%	7.1%	22.9%	6.6%	24.7%	50.9%	-1.3%	-1.3K	30.4K	-303	14.24	N/A	N/A	10	138	83
2013-10-11	$12.90	$12.50	24.6%	7.1%	22.9%	6.6%	0.0%	49.6%	-0.6%	-383	19.7K	-327	21.76	N/A	N/A	0	148	83
2013-10-14	$12.88	$12.50	27.6%	7.9%	22.8%	8.2%	0.0%	51.8%	-3.7%	-647	20.9K	-320	19.97	N/A	N/A	0	148	83
2013-10-15	$12.80	$12.50	26.6%	7.6%	22.9%	7.6%	0.0%	3.3%	-3.8%	-926	24.5K	-300	20.46	N/A	N/A	0	148	83
2013-10-16	$12.98	$12.50	25.2%	7.2%	15.3%	6.9%	0.0%	50.1%	-2.6%	-578	15.8K	-306	17.11	N/A	N/A	0	148	83
2013-10-17	$13.23	$12.50	22.8%	6.5%	16.7%	5.6%	0.0%	22.8%	2.4%	-93	4.6K	-314	20.99	N/A	N/A	0	148	83
2013-10-18	$13.20	$12.50	26.5%	7.6%	16.6%	7.5%	0.0%	23.9%	-5.8%	-1.1K	7.6K	-290	23.81	N/A	N/A	0	148	83
2013-10-21	$13.17	$12.50	23.8%	6.8%	16.6%	6.1%	0.0%	11.2%	-0.6%	-202	6.3K	-295	21.85	N/A	N/A	0	148	83
2013-10-22	$13.46	$12.50	18.9%	5.4%	17.0%	3.4%	0.0%	0.8%	-6.0%	-343	-8.9K	-281	12.78	N/A	N/A	0	148	83
2013-10-23	$13.46	$0.00	18.1%	5.2%	17.0%	3.0%	0.0%	4.4%	5.4%	1.1K	-9.4K	-327	14.06	N/A	N/A	0	136	83
2013-10-24	$13.61	$0.00	20.0%	5.7%	17.3%	4.0%	0.0%	1.8%	-2.6%	1.1K	-14.1K	-286	17.41	N/A	N/A	0	136	83
2013-10-25	$13.75	$0.00	20.2%	5.8%	17.1%	4.1%	0.0%	4.4%	-1.7%	1.8K	-14.2K	-163	105.40	N/A	N/A	0	136	83
2013-10-28	$13.69	$0.00	32.6%	9.4%	17.0%	10.9%	0.0%	4.9%	0.4%	1.8K	-16.3K	-239	131.26	N/A	N/A	0	136	83
2013-10-29	$13.59	$0.00	21.4%	6.1%	17.5%	4.8%	0.0%	4.0%	-2.3%	1.3K	-13.4K	-292	10.30	N/A	N/A	60	136	83
2013-10-30	$13.31	$0.00	22.4%	6.4%	19.3%	5.3%	0.0%	-6.5%	18.1%	2.8K	-24.3K	-444	8.96	N/A	N/A	0	196	83
2013-10-31	$13.20	$0.00	37.9%	10.9%	19.0%	13.8%	0.0%	-15.7%	-14.3%	2.4K	-18.8K	-439	57.54	N/A	N/A	0	196	83