FSP Options History — November 2017

In November 2017, FSP traded between $10.25 and $10.94. ATM implied volatility averaged 26.0%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 9.2% (HV 20d: 16.9%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.79.

Notable Days

2017-11-03: Highest Volume — 147 contracts
2017-11-06: Largest IV spike — 53.9% change
2017-11-29: Highest IV Rank — 47.3%
2017-11-29: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.59	$10.25	$10.94	$10.25	$10.88
Max Pain	$10.00	$10.00	$10.00	$10.00	$10.00
ATM IV	26.0%	18.0%	40.8%	37.8%	28.2%
Expected Move	7.1%	4.7%	11.7%	10.8%	8.1%
HV 20d	16.9%	14.5%	17.9%	16.1%	15.5%
HV 60d	15.6%	14.7%	16.9%	16.9%	15.8%
IV Rank	20.7%	6.2%	47.3%	41.9%	24.6%
IV Percentile	51.4%	6.7%	95.6%	90.9%	70.6%
Term Structure	-3.4%	-21.0%	18.0%	-21.0%	-10.3%
VWIV	25.1%	14.6%	41.4%	38.4%	28.0%
Skew 25d	-13.0%	-68.4%	7.1%	-11.1%	7.1%
Skew 10d	-0.1%	-95.5%	54.4%	-16.2%	3.2%
Call IV 25d	37.7%	19.2%	99.0%	49.6%	26.4%
Put IV 25d	24.8%	12.3%	42.9%	38.4%	33.5%
Bid-Ask Spread %	86.03	17.24	137.14	105.47	81.98
Gamma HHI	0.98	0.91	1.00	0.99	0.93
Net GEX	-10.8K	-23.4K	-557	-19.4K	-557
Net DEX	-61.0K	-152.8K	66.3K	66.3K	-152.8K
Net VEX	-574	-845	-366	-845	-387
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.38	1.27	0.38	0.70
Total Volume	110.714	84	147	137	102
Total OI	667.048	502	762	752	533

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-11-01	$10.25	$10.00	37.8%	10.8%	16.1%	41.9%	38.4%	-11.1%	-21.0%	-19.4K	66.3K	-845	0.38	105.47	N/A	N/A	99	38	258	494
2017-11-02	$10.41	$10.00	23.4%	6.3%	17.3%	15.9%	22.0%	-4.9%	0.0%	-20.0K	-3.3K	-769	0.38	104.37	N/A	N/A	99	38	258	494
2017-11-03	$10.35	$10.00	20.1%	4.7%	17.2%	9.8%	15.3%	-8.5%	4.7%	-23.4K	-13.1K	-722	0.48	64.60	N/A	N/A	99	48	258	494
2017-11-06	$10.42	$10.00	30.9%	5.4%	17.4%	29.4%	18.8%	1.3%	1.5%	-20.6K	-3.6K	-742	0.48	137.14	N/A	N/A	99	48	258	504
2017-11-07	$10.57	$10.00	30.1%	5.0%	17.9%	28.0%	21.5%	-14.3%	-2.8%	-14.8K	-37.2K	-679	0.48	103.18	N/A	N/A	99	48	258	504
2017-11-08	$10.54	$10.00	26.6%	7.6%	17.9%	21.7%	28.0%	0.0%	-8.4%	-15.8K	-19.8K	-718	0.48	64.55	N/A	N/A	99	48	258	504
2017-11-09	$10.60	$10.00	24.4%	7.0%	17.5%	17.7%	24.0%	-9.8%	-8.4%	-14.9K	-27.9K	-668	0.96	111.76	N/A	N/A	50	48	258	504
2017-11-10	$10.56	$10.00	29.8%	8.6%	17.5%	27.5%	24.5%	-2.2%	-13.7%	-13.7K	-27.4K	-675	0.96	38.00	N/A	N/A	50	48	258	504
2017-11-13	$10.53	$10.00	21.1%	6.1%	17.5%	11.8%	14.6%	-16.6%	-7.7%	-15.1K	-28.6K	-639	0.96	96.62	N/A	N/A	50	48	258	504
2017-11-14	$10.52	$10.00	22.3%	6.4%	16.8%	14.0%	20.2%	-15.6%	-3.3%	-16.3K	-49.6K	-573	0.96	105.82	N/A	N/A	50	48	258	504
2017-11-15	$10.43	$10.00	27.1%	7.8%	17.1%	22.6%	24.5%	-11.6%	-8.5%	-14.1K	-31.1K	-615	0.96	104.76	N/A	N/A	50	48	258	504
2017-11-16	$10.53	$10.00	21.9%	6.3%	15.6%	13.1%	22.7%	-8.4%	1.1%	-14.2K	-63.8K	-538	0.96	98.05	N/A	N/A	50	48	258	504
2017-11-17	$10.46	$10.00	18.0%	5.2%	14.6%	6.2%	19.4%	-42.3%	5.4%	-6.1K	-80.1K	-494	0.96	98.38	N/A	N/A	50	48	258	504
2017-11-20	$10.48	$10.00	24.0%	6.9%	14.5%	17.0%	23.8%	-9.2%	0.2%	-5.4K	-66.6K	-519	1.00	114.62	N/A	N/A	47	47	255	247
2017-11-21	$10.75	$10.00	19.3%	5.5%	16.5%	8.4%	25.4%	-19.7%	-10.7%	-2.8K	-114.8K	-390	1.27	59.65	N/A	N/A	37	47	255	247
2017-11-22	$10.94	$10.00	23.1%	6.6%	16.9%	15.3%	22.1%	-14.4%	18.0%	-1.5K	-122.3K	-367	1.15	58.79	N/A	N/A	41	47	256	247
2017-11-24	$10.87	$10.00	26.0%	7.5%	17.3%	20.6%	36.5%	-11.2%	-3.0%	-2.4K	-121.5K	-366	0.92	17.24	N/A	N/A	51	47	256	247
2017-11-27	$10.78	$10.00	23.4%	6.7%	17.9%	15.8%	31.2%	-68.4%	-3.6%	-1.9K	-129.3K	-426	0.78	69.28	N/A	N/A	60	47	276	247
2017-11-28	$10.73	$10.00	28.6%	8.2%	17.8%	25.3%	25.7%	-8.3%	-2.6%	-2.2K	-131.0K	-455	0.70	70.99	N/A	N/A	60	42	286	247
2017-11-29	$10.78	$10.00	40.8%	11.7%	17.6%	47.3%	41.4%	-4.5%	1.8%	-2.2K	-124.2K	-476	0.70	101.35	N/A	N/A	60	42	286	247
2017-11-30	$10.88	$10.00	28.2%	8.1%	15.5%	24.6%	28.0%	7.1%	-10.3%	-557	-152.8K	-387	0.70	81.98	N/A	N/A	60	42	286	247