FSP Options History — July 2018

In July 2018, FSP traded between $8.44 and $9.05. ATM implied volatility averaged 34.0%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 10.8% (HV 20d: 23.2%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2018-07-06: Highest Volume — 230 contracts
  • 2018-07-27: Largest IV spike — 62.2% change
  • 2018-07-02: Highest IV Rank — 28.3%
  • 2018-07-06: Largest Expected Move — 53.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.70$8.44$9.05$8.53$8.73
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV34.0%20.2%55.6%55.6%48.6%
Expected Move11.7%5.8%53.2%16.0%13.9%
HV 20d23.2%21.7%25.0%25.0%24.3%
HV 60d28.7%28.0%32.4%32.4%28.7%
IV Rank13.9%4.7%28.3%28.3%23.6%
IV Percentile63.5%15.9%97.6%97.6%94.0%
Term Structure-13.6%-165.0%57.4%-50.4%-20.6%
VWIV51.6%32.1%68.9%43.8%68.9%
Skew 25d-2.5%-42.2%39.8%10.1%-3.8%
Skew 10d-2.2%-55.5%34.4%10.8%-1.8%
Call IV 25d36.1%20.0%163.6%30.8%38.2%
Put IV 25d33.6%17.7%121.3%40.9%34.3%
Bid-Ask Spread %56.027.56168.7462.0289.71
Gamma HHI0.780.500.990.540.97
Net GEX1.2K1082.0K1082.0K
Net DEX-77.8K-119.6K-43.7K-43.7K-80.4K
Net VEX-371-673-232-387-354
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.180.690.690.39
Total Volume175.6197623015478
Total OI477.048364559485369

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$8.53$7.5055.6%16.0%25.0%28.3%43.8%10.1%-50.4%108-43.7K-3870.6962.02N/AN/A9163261224
2018-07-03$8.79$7.5039.8%11.4%24.8%17.8%50.3%15.6%57.4%155-72.6K-4240.6952.57N/AN/A9163261224
2018-07-05$8.99$0.0045.7%24.5%24.5%21.7%0.0%-42.2%-50.2%322-81.2K-3510.69164.19N/AN/A9163261224
2018-07-06$9.05$0.0046.2%53.2%24.1%22.0%0.0%39.8%-165.0%262-91.9K-4340.39168.74N/AN/A16565261224
2018-07-09$8.94$0.0048.1%6.3%23.8%23.3%0.0%-3.3%-5.2%1.8K-90.7K-3930.3940.04N/AN/A16565335224
2018-07-10$8.88$0.0040.3%8.2%23.1%18.1%0.0%-12.6%-16.9%1.9K-80.6K-4290.39101.64N/AN/A16565335224
2018-07-11$8.87$0.0025.1%7.2%23.2%8.0%0.0%1.9%-4.7%2.0K-103.2K-6730.3926.89N/AN/A16565335224
2018-07-12$8.84$0.0020.8%6.0%22.9%5.1%0.0%-3.6%-4.9%1.2K-68.2K-2990.3984.86N/AN/A16565335224
2018-07-13$8.87$0.0023.7%6.8%22.8%7.1%0.0%-0.2%-9.0%1.3K-80.9K-5050.3914.78N/AN/A16565335224
2018-07-16$8.83$0.0020.2%5.8%23.1%4.7%0.0%0.5%-5.7%920-93.8K-4860.3912.04N/AN/A16565335224
2018-07-17$8.58$0.0022.5%6.5%22.5%6.3%0.0%-3.5%2.3%777-75.2K-3990.397.56N/AN/A16565335224
2018-07-18$8.52$0.0024.9%7.1%22.8%7.9%0.0%-3.9%2.0%891-69.0K-3120.3923.36N/AN/A16565335224
2018-07-19$8.60$0.0026.8%7.7%22.1%9.2%0.0%-0.6%-4.8%1.3K-73.2K-2790.4512.79N/AN/A14665331224
2018-07-20$8.54$0.0030.8%8.8%22.3%11.8%0.0%-4.0%-8.4%1.5K-119.6K-2620.509.97N/AN/A12965329161
2018-07-23$8.56$0.0035.6%10.2%22.3%15.0%0.0%-0.3%-11.7%1.6K-69.3K-2760.18106.04N/AN/A12522249115
2018-07-24$8.61$0.0027.0%7.8%22.0%9.3%0.0%-5.4%14.2%1.7K-72.4K-3220.1838.08N/AN/A12522249115
2018-07-25$8.50$0.0028.7%8.2%22.5%10.4%0.0%-2.3%-6.7%1.5K-67.8K-2320.1813.26N/AN/A12522249115
2018-07-26$8.62$0.0027.7%7.9%23.0%9.7%0.0%1.7%16.8%1.7K-72.7K-3120.4118.80N/AN/A5422249115
2018-07-27$8.44$0.0044.9%12.9%23.8%21.2%62.7%-32.3%-18.2%1.4K-61.3K-3150.39114.76N/AN/A5622252115
2018-07-30$8.47$7.5030.9%8.9%21.7%11.9%32.1%-3.6%3.2%1.5K-65.8K-3470.3914.38N/AN/A5622254115
2018-07-31$8.73$7.5048.6%13.9%24.3%23.6%68.9%-3.8%-20.6%2.0K-80.4K-3540.3989.71N/AN/A5622254115