FSP Options History — November 2013

In November 2013, FSP traded between $12.65 and $13.50. ATM implied volatility averaged 38.0%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 20.3% (HV 20d: 17.7%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 3 of 20 days.

Notable Days

  • 2013-11-04: Highest Volume — 10 contracts
  • 2013-11-14: Largest IV spike — 235.9% change
  • 2013-11-19: Highest IV Rank — 44.5%
  • 2013-11-19: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.04$12.65$13.50$13.32$12.86
Max Pain$13.95$12.50$15.00$15.00$12.50
ATM IV38.0%19.5%94.2%38.1%23.8%
Expected Move15.7%5.6%27.0%10.9%6.8%
HV 20d17.7%15.8%19.7%19.1%16.1%
HV 60d20.6%19.3%21.9%21.8%19.3%
IV Rank13.9%3.7%44.5%13.9%6.1%
IV Percentile54.7%25.8%81.3%68.7%47.6%
Term Structure-44.7%-143.4%60.7%60.7%-10.0%
Skew 25d-4.4%-62.7%65.6%-14.1%-6.2%
Skew 10d19.1%-59.0%117.4%7.5%9.3%
Call IV 25d40.5%17.4%88.8%36.3%32.1%
Put IV 25d36.1%19.9%93.1%22.1%25.9%
Bid-Ask Spread %122.4826.84149.1826.84113.28
Gamma HHI0.650.560.860.630.59
Net GEX-756-4.6K2.9K2.4K-2.4K
Net DEX-9.1K-65.0K40.3K-55.4K26.8K
Net VEX-364-563-185-529-221
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.801000
Total OI289.3279293279293

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-11-01$13.32$0.0038.1%10.9%19.1%13.9%0.0%-14.1%60.7%2.4K-55.4K-5290.0026.84N/AN/A0019683
2013-11-04$13.49$15.0026.4%19.8%19.3%7.5%0.0%-4.0%-49.0%2.4K-65.0K-5290.00149.18N/AN/A01019683
2013-11-05$13.47$15.0027.2%20.1%18.5%8.0%0.0%-1.0%-50.2%2.2K-58.9K-5630.00146.74N/AN/A0019693
2013-11-06$13.50$15.0029.1%6.1%18.4%9.0%0.0%5.8%44.5%2.9K-20.1K-4150.00147.00N/AN/A0019693
2013-11-07$13.40$15.0028.9%20.7%16.8%8.9%0.0%-14.0%-54.8%2.1K-57.3K-5520.00146.19N/AN/A0019693
2013-11-08$13.21$15.0027.1%21.3%17.7%7.9%0.0%-62.7%-57.8%1.9K-48.7K-5310.00146.22N/AN/A0019693
2013-11-11$12.94$15.0022.2%22.6%19.3%5.2%0.0%-3.8%-62.8%1.6K-39.7K-5100.00107.29N/AN/A0019693
2013-11-12$12.78$15.0025.3%22.6%19.7%6.9%0.0%-26.4%-88.1%1.5K-32.4K-4880.00147.53N/AN/A0019693
2013-11-13$12.85$15.0025.6%23.3%19.2%7.1%0.0%6.6%-66.9%1.6K-36.1K-4990.00148.28N/AN/A0019693
2013-11-14$12.94$15.0085.9%24.6%18.0%40.0%0.0%-37.0%-127.2%-2.6K24.6K-2360.00136.29N/AN/A0019693
2013-11-15$12.96$15.0087.0%24.9%18.0%40.6%0.0%-34.6%-129.0%-2.5K23.5K-2420.00144.68N/AN/A0019693
2013-11-18$12.90$15.0089.5%25.7%18.0%41.9%0.0%-0.7%-139.2%1.8K-37.3K-4710.0059.26N/AN/A0019693
2013-11-19$12.76$12.5094.2%27.0%16.2%44.5%0.0%-54.8%-143.4%-4.0K30.7K-2170.0067.18N/AN/A0619691
2013-11-20$12.65$12.5024.4%7.0%16.3%6.4%0.0%65.6%-4.3%-4.5K40.3K-2280.0058.41N/AN/A0019697
2013-11-21$12.83$12.5024.3%7.0%16.7%6.4%0.0%43.6%-8.0%-3.7K30.5K-2320.00138.54N/AN/A0019697
2013-11-22$12.99$12.5022.0%6.3%16.9%5.1%0.0%28.7%-3.4%-2.9K21.8K-2340.00142.13N/AN/A0019697
2013-11-25$12.96$12.5020.1%5.8%16.9%4.1%0.0%26.3%0.5%-4.6K22.1K-1960.00143.53N/AN/A0019697
2013-11-26$12.91$12.5020.0%5.7%16.8%4.0%0.0%-5.3%-3.0%-3.8K29.0K-1970.00139.75N/AN/A0019697
2013-11-27$13.02$12.5019.5%5.6%15.8%3.7%0.0%-0.2%-2.2%-4.5K19.0K-1850.00141.34N/AN/A0019697
2013-11-29$12.86$12.5023.8%6.8%16.1%6.1%0.0%-6.2%-10.0%-2.4K26.8K-2210.00113.28N/AN/A0019697