FSP Options History — April 2016

In April 2016, FSP traded between $10.42 and $11.14. ATM implied volatility averaged 32.7%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 8.5% (HV 20d: 24.3%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.81.

Notable Days

  • 2016-04-11: Highest Volume — 85 contracts
  • 2016-04-15: Largest IV spike — 59.5% change
  • 2016-04-12: Highest IV Rank — 70.7%
  • 2016-04-19: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.76$10.42$11.14$10.62$10.61
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV32.7%16.9%65.2%33.8%30.5%
Expected Move7.8%4.9%9.9%9.7%8.7%
HV 20d24.3%19.6%26.8%25.4%22.1%
HV 60d25.5%23.5%28.3%28.2%24.2%
IV Rank22.4%0.0%70.7%22.9%20.1%
IV Percentile55.8%0.0%98.0%76.2%55.6%
Term Structure-5.7%-13.5%-1.5%-10.3%-2.3%
VWIV34.5%34.5%34.5%34.5%34.5%
Skew 25d-1.1%-23.7%23.7%-7.6%-4.3%
Skew 10d8.2%-41.4%70.8%-13.1%0.5%
Call IV 25d31.5%21.7%55.4%44.8%38.8%
Put IV 25d30.4%17.5%47.8%37.2%34.6%
Bid-Ask Spread %55.6111.57112.6566.7860.76
Gamma HHI0.950.900.970.960.96
Net GEX2.8K2.1K3.5K3.2K2.5K
Net DEX-87.3K-109.8K-70.8K-79.2K-79.5K
Net VEX-453-498-367-498-434
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.811.611.961.611.96
Total Volume75.76268858168
Total OI214.81206232215206

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$10.62$10.0033.8%9.7%25.4%22.9%34.5%-7.6%-10.3%3.2K-79.2K-4981.6166.78N/AN/A315016550
2016-04-04$10.69$0.0034.8%7.9%25.4%24.4%0.0%23.7%-1.5%3.5K-75.4K-4831.6143.58N/AN/A315016550
2016-04-05$10.65$0.0039.5%7.5%25.3%31.6%0.0%19.3%-4.2%3.2K-83.8K-4891.6155.30N/AN/A315016550
2016-04-06$10.66$0.0041.3%8.8%25.2%34.3%0.0%1.8%-2.4%2.9K-84.0K-4851.6150.83N/AN/A315016550
2016-04-07$10.42$0.0031.9%6.8%26.7%20.0%0.0%5.6%-2.9%3.2K-70.8K-4881.6139.60N/AN/A315016550
2016-04-08$10.48$0.0045.5%8.5%25.4%40.7%0.0%4.5%-4.4%3.3K-73.6K-4841.61105.82N/AN/A315016550
2016-04-11$10.59$0.0047.1%6.6%24.2%43.1%0.0%3.6%-2.9%3.2K-77.5K-4801.7433.95N/AN/A315416550
2016-04-12$10.71$0.0065.2%7.2%24.2%70.7%0.0%-5.8%-5.3%2.7K-85.2K-4881.7447.47N/AN/A315416567
2016-04-13$10.75$0.0027.3%7.8%24.1%13.0%0.0%-5.1%-6.5%2.2K-93.8K-4621.7459.53N/AN/A315416567
2016-04-14$10.82$0.0017.6%5.0%24.1%0.0%0.0%-4.2%-3.7%2.9K-91.8K-4701.7417.20N/AN/A315416567
2016-04-15$11.03$0.0028.0%8.0%23.6%15.6%0.0%-5.7%-5.5%2.6K-96.0K-4611.7457.43N/AN/A315416567
2016-04-18$11.04$0.0025.3%7.3%23.5%11.5%0.0%-0.1%-9.5%3.1K-97.5K-4681.9616.14N/AN/A234515758
2016-04-19$11.14$0.0034.5%9.9%23.6%25.4%0.0%1.7%-13.5%2.5K-98.8K-4591.96112.65N/AN/A234515758
2016-04-20$10.79$0.0030.9%8.9%26.8%19.9%0.0%-3.0%-5.5%2.1K-88.1K-4401.9656.96N/AN/A234514858
2016-04-21$10.69$0.0024.9%7.1%25.7%11.0%0.0%-15.3%-9.0%2.3K-78.7K-4351.9647.23N/AN/A234514858
2016-04-22$10.81$0.0033.0%9.4%25.8%23.0%0.0%-1.9%-10.0%2.5K-87.8K-4281.9660.39N/AN/A234514858
2016-04-25$10.88$0.0016.9%4.9%25.6%0.0%0.0%-23.7%-2.6%2.7K-103.7K-3771.9611.57N/AN/A234514858
2016-04-26$11.06$0.0023.6%6.8%19.6%9.8%0.0%0.4%-4.6%2.5K-109.8K-3671.9620.41N/AN/A234514858
2016-04-27$10.80$0.0028.1%8.1%21.4%16.5%0.0%2.7%-3.0%2.7K-86.7K-4241.9698.48N/AN/A234514858
2016-04-28$10.65$0.0027.9%8.0%22.0%16.3%0.0%-9.1%-9.5%2.5K-91.7K-4001.96105.79N/AN/A234514858
2016-04-29$10.61$0.0030.5%8.7%22.1%20.1%0.0%-4.3%-2.3%2.5K-79.5K-4341.9660.76N/AN/A234514858