FSP Options History — September 2018

In September 2018, FSP traded between $7.78 and $8.56. ATM implied volatility averaged 29.3%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 8.9% (HV 20d: 20.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.73.

Notable Days

  • 2018-09-19: Highest Volume — 168 contracts
  • 2018-09-28: Largest IV spike — 61.3% change
  • 2018-09-06: Highest IV Rank — 25.5%
  • 2018-09-28: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.14$7.78$8.56$8.39$7.96
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV29.3%17.5%51.4%26.4%45.3%
Expected Move7.6%5.0%13.0%7.6%13.0%
HV 20d20.4%18.3%22.7%18.3%22.7%
HV 60d20.9%20.0%21.7%21.2%20.0%
IV Rank10.8%3.0%25.5%8.9%21.5%
IV Percentile44.0%2.8%94.8%41.7%87.3%
Term Structure10.7%-24.7%126.5%14.5%-11.1%
VWIV39.8%28.5%52.9%29.9%40.9%
Skew 25d-9.6%-38.4%7.2%-7.3%-1.5%
Skew 10d-1.1%-48.4%96.6%-7.3%0.2%
Call IV 25d38.1%23.9%72.3%30.2%43.4%
Put IV 25d28.5%20.8%46.0%22.9%42.0%
Bid-Ask Spread %66.7411.08116.6311.08108.44
Gamma HHI0.590.480.910.510.48
Net GEX953561.8K1.5K1.3K
Net DEX-21.5K-58.4K4.8K-9.7K-58.4K
Net VEX-193-264-146-146-178
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.321.031.030.36
Total Volume128.9477516812275
Total OI420.421250528436258

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$8.39$10.0026.4%7.6%18.3%8.9%29.9%-7.3%14.5%1.5K-9.7K-1461.0311.08N/AN/A6062256180
2018-09-05$8.55$10.0037.0%10.6%19.6%15.9%51.4%-38.4%8.7%1.5K-14.6K-1990.97102.98N/AN/A6462261180
2018-09-06$8.56$0.0051.4%10.1%19.5%25.5%0.0%-7.2%-16.8%1.1K-17.5K-2640.93115.79N/AN/A6762266180
2018-09-07$8.40$0.0028.3%9.3%20.6%10.1%0.0%-0.7%-24.7%1.8K-13.2K-1780.9342.04N/AN/A6762266180
2018-09-10$8.30$0.0044.1%7.2%20.6%20.7%0.0%-23.9%-3.8%968-7.2K-2200.9497.52N/AN/A6662269180
2018-09-11$8.29$0.0043.9%6.1%19.9%20.5%46.9%-15.5%3.1%65530-1490.7227.25N/AN/A8662269180
2018-09-12$8.13$10.0024.8%7.1%21.1%7.8%31.9%-7.7%-1.8%484818-2260.8420.04N/AN/A8672289200
2018-09-13$8.11$10.0027.3%7.8%21.1%9.5%48.4%-24.6%-6.2%4474.8K-2430.91116.63N/AN/A7972289200
2018-09-14$8.15$10.0027.2%7.8%21.0%9.4%28.5%-8.0%-12.6%1.1K-12.7K-1880.7843.63N/AN/A9272302200
2018-09-17$8.25$10.0029.0%8.3%20.1%10.6%28.6%-0.4%-7.6%647-17.3K-2090.7845.82N/AN/A9272310200
2018-09-18$8.07$10.0017.5%5.0%21.1%3.0%0.0%-1.4%11.1%415-12.7K-2000.7825.40N/AN/A9272310200
2018-09-19$7.92$10.0018.8%5.4%20.3%3.8%0.0%-0.1%7.0%363-10.1K-1910.7549.32N/AN/A9672310200
2018-09-20$8.02$10.0019.3%5.5%21.1%4.1%33.3%-3.9%8.2%56-7.8K-1870.8525.08N/AN/A8572317200
2018-09-21$8.04$10.0019.1%5.5%19.2%4.0%52.9%-18.6%13.2%1.3K-21.3K-2170.85115.62N/AN/A8572328200
2018-09-24$7.89$10.0019.2%5.5%19.9%4.1%0.0%-24.8%126.5%1.2K-52.1K-1720.3653.12N/AN/A562021634
2018-09-25$7.96$10.0020.3%5.8%20.4%4.8%0.0%2.6%91.0%1.2K-55.3K-1670.3660.44N/AN/A562021634
2018-09-26$7.80$10.0029.9%8.6%20.5%11.2%40.9%7.2%2.3%1.1K-48.9K-1710.32101.80N/AN/A632021634
2018-09-27$7.78$10.0028.1%8.1%20.5%10.0%44.0%-8.5%1.6%1.1K-55.5K-1660.36106.11N/AN/A552022434
2018-09-28$7.96$10.0045.3%13.0%22.7%21.5%40.9%-1.5%-11.1%1.3K-58.4K-1780.36108.44N/AN/A552022434