FSP Options History — November 2018

In November 2018, FSP traded between $7.45 and $8.08. ATM implied volatility averaged 34.7%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 5.0% (HV 20d: 39.7%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 3.17.

Notable Days

2018-11-12: Highest Volume — 942 contracts
2018-11-08: Largest IV spike — 105.2% change
2018-11-08: Highest IV Rank — 35.8%
2018-11-16: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.74	$7.45	$8.08	$7.45	$7.70
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	34.7%	21.7%	66.9%	21.7%	33.7%
Expected Move	9.3%	6.2%	11.7%	6.2%	9.7%
HV 20d	39.7%	26.6%	44.8%	41.5%	26.6%
HV 60d	31.4%	29.4%	32.3%	29.4%	31.2%
IV Rank	14.4%	5.7%	35.8%	5.7%	13.7%
IV Percentile	63.3%	13.1%	98.4%	13.1%	64.7%
Term Structure	0.1%	-9.0%	5.4%	5.4%	-9.0%
VWIV	31.9%	18.3%	36.9%	18.3%	33.7%
Skew 25d	19.4%	-52.0%	72.5%	-52.0%	46.3%
Skew 10d	45.4%	-93.0%	123.3%	-93.0%	100.5%
Call IV 25d	34.5%	23.9%	77.0%	77.0%	36.7%
Put IV 25d	53.9%	25.1%	110.0%	25.1%	83.0%
Bid-Ask Spread %	57.57	19.53	108.55	108.55	64.37
Gamma HHI	0.68	0.34	0.89	0.89	0.81
Net GEX	401	-1.4K	6.5K	6.5K	-810
Net DEX	-54.3K	-113.1K	-6.7K	-72.5K	-20.3K
Net VEX	-661	-865	-158	-219	-676
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.17	1.91	4.47	2.68	3.99
Total Volume	820.81	530	942	530	838
Total OI	1,003.333	851	1,184	886	955

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
2018-11-01	$7.45	$7.50	21.7%	6.2%	41.5%	5.7%	18.3%	-52.0%	5.4%	6.5K	-72.5K	-219	2.68	108.55	N/A	N/A	144	386	305	581
2018-11-02	$7.81	$7.50	29.3%	8.4%	44.8%	10.8%	26.0%	4.1%	-0.9%	3.4K	-96.3K	-158	3.24	19.53	N/A	N/A	144	467	270	581
2018-11-05	$8.02	$7.50	31.2%	9.1%	43.9%	12.1%	29.8%	7.2%	5.2%	700	-89.4K	-356	1.96	95.72	N/A	N/A	252	495	274	682
2018-11-06	$7.97	$7.50	31.3%	9.0%	44.0%	12.1%	31.6%	7.0%	1.2%	779	-101.8K	-752	1.91	22.38	N/A	N/A	259	495	359	784
2018-11-07	$8.08	$7.50	32.6%	9.4%	43.8%	13.0%	32.4%	7.7%	-0.6%	156	-107.9K	-730	1.92	25.91	N/A	N/A	258	495	355	784
2018-11-08	$8.03	$7.50	66.9%	9.1%	40.0%	35.8%	31.1%	4.4%	-1.2%	1.0K	-113.1K	-688	1.95	53.44	N/A	N/A	258	502	365	784
2018-11-09	$7.75	$7.50	42.8%	10.3%	40.1%	19.8%	35.9%	21.6%	-2.8%	961	-59.1K	-865	1.95	61.64	N/A	N/A	258	502	365	819
2018-11-12	$7.78	$7.50	34.7%	9.7%	40.0%	14.4%	33.8%	11.2%	-1.7%	1.2K	-71.1K	-825	2.65	20.91	N/A	N/A	258	684	365	819
2018-11-13	$7.83	$7.50	37.9%	9.8%	39.8%	16.6%	34.1%	25.7%	-1.4%	1.1K	-78.0K	-762	2.71	76.52	N/A	N/A	253	685	365	641
2018-11-14	$7.82	$7.50	34.7%	9.9%	39.7%	14.4%	34.6%	7.9%	-1.8%	1.1K	-75.4K	-753	2.71	20.16	N/A	N/A	253	685	360	644
2018-11-15	$7.69	$7.50	34.7%	9.9%	40.1%	14.4%	34.7%	29.3%	-1.7%	2.5K	-62.8K	-743	2.71	22.04	N/A	N/A	253	685	360	644
2018-11-16	$7.69	$7.50	40.7%	11.7%	39.8%	18.4%	36.9%	7.3%	-3.1%	-1.4K	-53.8K	-733	2.71	101.90	N/A	N/A	253	685	360	644
2018-11-19	$7.66	$7.50	31.5%	9.0%	39.6%	12.2%	31.4%	30.9%	3.1%	-1.3K	-21.1K	-717	4.47	29.43	N/A	N/A	153	684	302	642
2018-11-20	$7.55	$7.50	35.7%	10.2%	40.1%	15.0%	35.7%	72.5%	1.7%	-1.1K	-15.1K	-708	4.47	78.04	N/A	N/A	153	684	302	642
2018-11-21	$7.56	$7.50	33.2%	9.5%	39.9%	13.4%	33.2%	7.3%	-0.8%	-1.4K	-6.7K	-707	4.07	68.30	N/A	N/A	168	684	302	642
2018-11-23	$7.65	$7.50	32.0%	9.2%	40.0%	12.6%	31.9%	-4.2%	3.2%	-1.1K	-21.0K	-714	4.07	55.91	N/A	N/A	168	684	312	642
2018-11-26	$7.60	$7.50	28.0%	8.0%	38.7%	9.9%	28.0%	54.6%	2.4%	-721	-16.2K	-701	4.08	91.15	N/A	N/A	168	685	312	642
2018-11-27	$7.56	$7.50	31.9%	9.1%	38.7%	12.5%	31.9%	46.7%	2.1%	-1.0K	-18.6K	-693	4.08	73.88	N/A	N/A	168	685	312	643
2018-11-28	$7.64	$7.50	31.9%	9.1%	38.0%	12.5%	31.9%	28.2%	1.2%	-1.2K	-18.5K	-688	4.08	54.09	N/A	N/A	168	685	312	643
2018-11-29	$7.64	$7.50	33.3%	9.5%	34.2%	13.5%	33.1%	43.8%	1.3%	-969	-22.0K	-687	4.08	65.11	N/A	N/A	168	685	312	643
2018-11-30	$7.70	$7.50	33.7%	9.7%	26.6%	13.7%	33.7%	46.3%	-9.0%	-810	-20.3K	-676	3.99	64.37	N/A	N/A	168	670	312	643