FSP Options History — December 2018

In December 2018, FSP traded between $6.10 and $7.86. ATM implied volatility averaged 49.1%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 24.2% (HV 20d: 24.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 25.40.

Notable Days

2018-12-27: Highest Volume — 1,210 contracts
2018-12-07: Largest IV spike — 122.2% change
2018-12-24: Highest IV Rank — 44.6%
2018-12-24: Largest Expected Move — 23.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.92	$6.10	$7.86	$7.86	$6.21
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	49.1%	27.2%	80.1%	27.2%	75.0%
Expected Move	13.9%	7.8%	23.0%	7.8%	21.5%
HV 20d	24.9%	21.4%	29.9%	21.8%	29.1%
HV 60d	32.7%	31.4%	33.8%	31.4%	33.7%
IV Rank	23.9%	9.4%	44.6%	9.4%	41.2%
IV Percentile	78.6%	35.3%	99.2%	35.3%	98.8%
Term Structure	-10.4%	-43.2%	8.7%	1.2%	-19.9%
VWIV	46.7%	20.4%	62.5%	20.4%	56.8%
Skew 25d	9.1%	-44.2%	56.1%	3.4%	4.6%
Skew 10d	5.4%	-68.0%	113.6%	-1.6%	-2.7%
Call IV 25d	47.0%	21.2%	78.7%	32.2%	59.8%
Put IV 25d	56.1%	22.8%	97.9%	35.7%	64.4%
Bid-Ask Spread %	79.48	33.91	124.76	102.42	60.20
Gamma HHI	0.73	0.50	0.97	0.85	0.61
Net GEX	-2.1K	-3.9K	-1.2K	-1.2K	-3.3K
Net DEX	74.9K	-18.0K	127.8K	-18.0K	125.1K
Net VEX	-583	-707	-338	-677	-369
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	25.40	0.00	120.00	0.50	120.00
Total Volume	343.5	0	1,210	15	934
Total OI	938.2	577	1,939	586	1,939

Daily Data (20 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
2018-12-03	$7.86	$7.50	27.2%	7.8%	21.8%	9.4%	20.4%	3.4%	1.2%	-1.2K	-18.0K	-677	0.50	102.42	N/A	N/A	10	5	283	303
2018-12-04	$7.64	$7.50	33.5%	9.6%	21.8%	13.6%	32.9%	56.1%	-3.5%	-1.3K	7.6K	-689	2.50	33.91	N/A	N/A	10	25	279	298
2018-12-05	$7.64	$7.50	34.7%	9.9%	21.8%	14.4%	34.8%	-44.2%	-7.6%	-1.2K	12.0K	-681	2.50	37.27	N/A	N/A	10	25	279	298
2018-12-06	$7.75	$7.50	30.0%	9.3%	21.8%	11.3%	0.0%	-3.9%	-2.1%	-1.3K	-1.9K	-707	0.00	109.06	N/A	N/A	0	0	279	318
2018-12-07	$7.61	$7.50	66.7%	15.6%	22.5%	35.7%	0.0%	55.8%	-16.9%	-1.4K	-2.9K	-666	2.50	124.76	N/A	N/A	10	25	279	318
2018-12-10	$7.38	$7.50	27.7%	9.1%	21.7%	9.7%	0.0%	-6.1%	-0.7%	-1.4K	45.9K	-689	0.00	116.19	N/A	N/A	0	0	279	318
2018-12-11	$7.30	$7.50	34.4%	9.2%	21.7%	14.2%	0.0%	51.5%	-3.8%	-2.0K	55.4K	-668	0.00	65.32	N/A	N/A	10	0	279	318
2018-12-12	$7.26	$7.50	38.8%	11.1%	21.4%	17.1%	0.0%	1.7%	-9.9%	-1.3K	69.8K	-642	1.50	102.19	N/A	N/A	10	15	279	318
2018-12-13	$7.02	$7.50	32.8%	9.4%	23.9%	13.1%	33.6%	14.2%	-2.1%	-1.8K	88.1K	-611	0.50	51.42	N/A	N/A	30	15	279	318
2018-12-14	$6.93	$7.50	36.0%	10.3%	23.7%	15.3%	40.4%	6.9%	-6.1%	-1.6K	88.3K	-593	20.67	70.87	N/A	N/A	30	620	299	318
2018-12-17	$6.73	$7.50	45.1%	12.9%	25.0%	21.3%	0.0%	19.1%	-1.7%	-3.0K	119.8K	-588	0.00	73.85	N/A	N/A	0	40	299	918
2018-12-18	$6.80	$7.50	40.8%	11.7%	25.8%	18.5%	0.0%	17.3%	-0.1%	-2.7K	106.3K	-587	0.00	100.53	N/A	N/A	0	330	299	918
2018-12-19	$6.68	$7.50	50.6%	14.5%	25.9%	25.0%	53.9%	0.7%	-28.0%	-3.3K	121.4K	-586	7.75	69.81	N/A	N/A	20	155	299	1,218
2018-12-20	$6.53	$7.50	52.9%	15.2%	26.4%	26.5%	56.4%	-2.1%	-18.4%	-3.1K	119.0K	-607	33.75	107.62	N/A	N/A	20	675	319	1,243
2018-12-21	$6.34	$7.50	73.7%	21.1%	26.5%	40.3%	62.5%	-2.0%	-33.5%	-1.9K	109.3K	-605	35.15	77.04	N/A	N/A	20	703	319	608
2018-12-24	$6.10	$7.50	80.1%	23.0%	28.4%	44.6%	50.7%	-11.4%	0.0%	-1.8K	103.6K	-357	33.65	66.54	N/A	N/A	20	673	168	561
2018-12-26	$6.18	$7.50	63.8%	18.3%	29.6%	33.8%	48.3%	0.9%	0.0%	-1.6K	100.8K	-436	0.00	67.96	N/A	N/A	10	0	178	561
2018-12-27	$6.18	$7.50	72.0%	20.6%	28.9%	39.2%	56.7%	6.3%	-43.2%	-2.2K	120.7K	-338	120.00	75.07	N/A	N/A	10	1,200	178	861
2018-12-28	$6.26	$7.50	65.3%	18.7%	29.9%	34.8%	59.6%	12.6%	8.7%	-3.9K	127.8K	-562	120.00	77.56	N/A	N/A	10	1,200	178	1,761
2018-12-31	$6.21	$7.50	75.0%	21.5%	29.1%	41.2%	56.8%	4.6%	-19.9%	-3.3K	125.1K	-369	0.00	60.20	N/A	N/A	0	934	178	1,761