FSP Options History — April 2014

In April 2014, FSP traded between $12.10 and $12.45. ATM implied volatility averaged 112.4%, placing in the 53.1% IV rank vs the trailing year. The 30-day expected move averaged 36.4%. IV traded above realized volatility by 94.4% (HV 20d: 18.1%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2014-04-10: Largest IV spike — 659.4% change
  • 2014-04-23: Highest IV Rank — 99.1%
  • 2014-04-23: Largest Expected Move — 57.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.28$12.10$12.45$12.45$12.18
ATM IV112.4%21.5%198.8%23.1%137.7%
Expected Move36.4%6.6%57.0%6.6%57.0%
HV 20d18.1%16.1%19.6%19.1%16.1%
HV 60d16.4%16.0%17.0%16.3%16.6%
IV Rank53.1%4.7%99.1%5.6%66.5%
IV Percentile82.2%29.8%99.6%37.7%92.9%
Term Structure-29.0%-124.3%147.0%147.0%-52.2%
Skew 25d-6.2%-154.3%17.7%10.0%3.7%
Skew 10d3.6%-66.4%63.1%5.7%20.0%
Call IV 25d145.8%24.5%192.2%149.7%190.2%
Put IV 25d139.6%30.6%193.9%159.7%193.9%
Bid-Ask Spread %150.97146.01154.53146.71154.27
Gamma HHI0.780.690.950.760.74
Net GEX9525642.6K620614
Net DEX-65.5K-74.8K-39.8K-74.8K-69.9K
Net VEX-334-370-297-370-312
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI152152152152152

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$12.45$0.0023.1%6.6%19.1%5.6%0.0%10.0%147.0%620-74.8K-3700.00146.71N/AN/A0011636
2014-04-02$12.43$0.0031.5%9.0%18.5%10.0%0.0%4.2%-35.5%1.0K-66.7K-3250.00148.81N/AN/A0011636
2014-04-03$12.27$0.0062.8%18.0%18.8%26.7%0.0%17.7%-18.0%2.1K-53.2K-3580.00151.12N/AN/A0011636
2014-04-04$12.26$0.0048.8%43.3%17.8%19.2%0.0%2.9%-42.9%644-68.6K-3670.00146.45N/AN/A0011636
2014-04-07$12.39$0.0032.9%28.0%18.1%10.8%0.0%-154.3%-42.7%607-73.1K-3590.00146.01N/AN/A0011636
2014-04-08$12.44$0.00138.4%47.5%18.1%67.0%0.0%4.7%-124.3%1.6K-39.8K-2970.00150.25N/AN/A0011636
2014-04-09$12.32$0.0021.5%46.8%18.5%4.7%0.0%-57.4%-47.7%598-74.4K-3500.00151.00N/AN/A0011636
2014-04-10$12.20$0.00163.4%46.9%18.7%80.2%0.0%2.9%-45.7%1.0K-62.1K-3310.00148.51N/AN/A0011636
2014-04-11$12.16$0.0025.0%7.2%18.3%6.2%0.0%11.9%-1.0%2.3K-40.0K-3400.00148.18N/AN/A0011636
2014-04-14$12.12$0.00173.9%49.9%18.3%85.8%0.0%6.7%-56.5%564-73.1K-3350.00150.40N/AN/A0011636
2014-04-15$12.35$0.0023.5%6.7%19.6%5.4%0.0%9.2%8.9%2.6K-49.8K-3160.00147.83N/AN/A0011636
2014-04-16$12.40$0.00173.5%49.7%18.2%85.6%0.0%-6.5%-56.2%699-69.4K-3450.00153.30N/AN/A0011636
2014-04-17$12.43$0.00134.5%38.6%18.2%64.7%0.0%3.9%36.3%652-71.6K-3420.00153.73N/AN/A0011636
2014-04-21$12.33$0.00182.7%52.4%18.1%90.5%0.0%2.7%-31.2%633-70.4K-3320.00152.44N/AN/A0011636
2014-04-22$12.40$0.00191.8%55.0%18.2%95.3%0.0%4.7%-32.2%641-71.3K-3310.00151.36N/AN/A0011636
2014-04-23$12.10$0.00198.8%57.0%19.4%99.1%0.0%-2.7%-36.5%570-69.7K-3250.00154.53N/AN/A0011636
2014-04-24$12.12$0.00198.7%57.0%17.2%99.0%0.0%-2.4%-38.6%609-69.1K-3250.00153.70N/AN/A0011636
2014-04-25$12.12$0.00128.9%0.0%17.0%61.8%0.0%3.3%-39.1%619-68.7K-3230.00153.96N/AN/A0011636
2014-04-28$12.27$0.00133.1%0.0%16.8%64.0%0.0%5.7%-51.1%630-70.8K-3180.00154.28N/AN/A0011636
2014-04-29$12.10$0.00136.8%0.0%16.3%66.0%0.0%-0.7%-49.8%607-68.9K-3130.00153.61N/AN/A0011636
2014-04-30$12.18$0.00137.7%0.0%16.1%66.5%0.0%3.7%-52.2%614-69.9K-3120.00154.27N/AN/A0011636