FSP Options History — April 2018

In April 2018, FSP traded between $7.51 and $8.38. ATM implied volatility averaged 45.7%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 12.0% (HV 20d: 33.7%). Max pain ranged from $5.00 to $15.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.24.

Notable Days

  • 2018-04-09: Highest Volume — 359 contracts
  • 2018-04-09: Largest IV spike — 227.1% change
  • 2018-04-09: Highest IV Rank — 100.0%
  • 2018-04-02: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.84$7.51$8.38$8.20$7.80
Max Pain$6.67$5.00$15.00$15.00$5.00
ATM IV45.7%21.1%163.4%55.6%27.5%
Expected Move9.0%1.1%15.9%15.9%7.9%
HV 20d33.7%26.2%38.2%26.8%33.8%
HV 60d34.4%32.3%35.7%32.3%34.8%
IV Rank30.1%5.4%100.0%69.0%9.6%
IV Percentile73.8%21.0%100.0%98.8%56.0%
Term Structure-5.6%-23.4%10.9%-23.1%-0.3%
VWIV33.2%21.0%65.0%41.0%26.9%
Skew 25d1.0%-129.6%42.6%5.4%-9.4%
Skew 10d36.5%-42.3%89.8%47.4%58.4%
Call IV 25d54.7%31.3%174.1%49.1%36.3%
Put IV 25d55.7%22.3%147.4%54.5%26.9%
Bid-Ask Spread %83.2832.39170.6878.4836.92
Gamma HHI0.800.580.970.620.86
Net GEX-3.1K-12.7K1.4K-2.3K1.1K
Net DEX107.5K19.2K155.7K142.3K19.2K
Net VEX-439-839-230-639-381
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.111.791.790.17
Total Volume293.81141359354160
Total OI691.81515773728532

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$8.20$15.0055.6%15.9%26.8%69.0%41.0%5.4%-23.1%-2.3K142.3K-6391.7978.48N/AN/A127227319409
2018-04-03$8.27$15.0045.9%13.2%26.6%53.2%31.6%1.9%-22.5%-3.2K140.4K-5831.79104.51N/AN/A127227319409
2018-04-04$8.38$15.0049.6%14.2%26.8%59.3%35.2%-32.9%-23.4%-2.8K134.6K-5801.7976.10N/AN/A127227319409
2018-04-05$8.31$0.0048.0%9.4%26.9%56.6%0.0%-18.8%-10.4%-3.2K139.7K-5351.7975.01N/AN/A127227319409
2018-04-06$8.29$0.0050.0%10.2%26.2%59.8%0.0%-10.2%-13.8%-3.3K132.8K-5701.7979.90N/AN/A127227319409
2018-04-09$7.67$0.00163.4%3.4%38.1%100.0%0.0%25.2%0.0%-1.4K49.3K-8391.76166.81N/AN/A130229319409
2018-04-10$7.59$5.00123.2%1.1%37.1%73.3%0.0%-129.6%0.4%-1.4K123.5K-5541.64170.68N/AN/A130213347411
2018-04-11$7.74$5.0029.0%8.3%38.2%10.6%65.0%3.6%0.7%-5.6K147.8K-4411.6490.07N/AN/A130213347410
2018-04-12$7.67$5.0032.5%9.3%38.1%12.9%32.6%3.4%-2.9%-10.3K155.7K-3891.6044.95N/AN/A136218347410
2018-04-13$7.69$5.0022.2%6.4%37.8%6.1%22.3%-28.8%8.6%-11.5K127.6K-4541.60146.63N/AN/A136218355415
2018-04-16$7.85$5.0026.9%7.7%36.1%9.2%26.7%5.2%2.1%-5.0K140.4K-3571.6151.02N/AN/A135218358415
2018-04-17$7.87$5.0036.1%10.4%36.1%15.3%37.2%11.0%-2.0%-4.4K139.5K-3541.6181.16N/AN/A135218358415
2018-04-18$7.82$5.0030.7%8.8%35.1%11.8%27.8%12.2%-9.1%-6.1K141.8K-2811.6145.08N/AN/A135218358415
2018-04-19$7.66$5.0022.3%6.4%35.6%6.1%21.0%1.8%1.2%-12.7K129.6K-2901.5397.69N/AN/A135206358415
2018-04-20$7.66$5.0026.8%7.7%35.5%9.1%26.7%27.2%0.9%1.0K91.6K-3731.6132.39N/AN/A128206358409
2018-04-23$7.60$5.0021.1%6.0%35.4%5.4%21.6%23.4%10.9%93087.7K-2300.1168.16N/AN/A12714347213
2018-04-24$7.51$5.0036.6%10.5%35.0%15.7%36.5%6.5%-4.8%95274.0K-3130.11116.85N/AN/A12714347213
2018-04-25$7.58$5.0036.0%10.3%35.3%15.3%36.3%39.0%-2.8%1.0K79.5K-3340.18102.23N/AN/A12823347213
2018-04-26$7.60$5.0031.2%8.9%33.2%12.1%31.2%42.6%-1.5%92735.6K-3390.1750.71N/AN/A13723348167
2018-04-27$7.79$5.0045.6%13.1%34.8%21.6%45.5%41.2%-20.6%1.4K24.7K-3870.1733.58N/AN/A13723365167
2018-04-30$7.80$5.0027.5%7.9%33.8%9.6%26.9%-9.4%-0.3%1.1K19.2K-3810.1736.92N/AN/A13723365167