FSP Options History — March 2019

In March 2019, FSP traded between $6.85 and $7.38. ATM implied volatility averaged 28.7%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 3.9% (HV 20d: 32.6%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 70.17.

Notable Days

  • 2019-03-15: Highest Volume — 1,011 contracts
  • 2019-03-07: Largest IV spike — 59.3% change
  • 2019-03-26: Highest IV Rank — 14.2%
  • 2019-03-18: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.18$6.85$7.38$7.24$7.19
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV28.7%19.7%38.0%19.7%25.8%
Expected Move7.8%5.7%18.5%5.7%6.6%
HV 20d32.6%23.6%40.0%38.6%32.5%
HV 60d30.8%29.7%31.7%31.5%31.1%
IV Rank7.8%1.7%14.2%1.7%5.9%
IV Percentile38.1%3.2%69.0%3.2%25.8%
Term Structure3.0%-6.4%32.9%5.6%-6.4%
VWIV17.5%17.5%17.5%17.5%17.5%
Skew 25d20.7%3.2%101.2%101.2%5.8%
Skew 10d17.7%3.3%75.7%75.7%8.4%
Call IV 25d28.4%17.5%43.5%17.5%30.1%
Put IV 25d49.1%30.4%118.7%118.7%35.8%
Bid-Ask Spread %82.4218.53149.1321.6361.90
Gamma HHI0.610.501.000.660.50
Net GEX-2.5K-3.2K-1.6K-3.1K-2.3K
Net DEX89.3K35.0K145.5K107.6K45.3K
Net VEX-375-531-223-449-376
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio70.170.00400.0020.001.00
Total Volume176.04801,0112100
Total OI1,866.9051,7252,6801,8601,814

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$7.24$7.5019.7%5.7%38.6%1.7%17.5%101.2%5.6%-3.1K107.6K-44920.0021.63N/AN/A102001801,680
2019-03-04$7.23$7.5022.1%6.3%38.4%3.3%0.0%15.9%6.2%-2.5K108.4K-4380.0018.53N/AN/A001901,680
2019-03-05$7.23$7.5020.2%5.8%37.9%2.0%0.0%14.7%3.5%-2.6K115.5K-4170.0021.19N/AN/A001901,680
2019-03-06$7.13$7.5021.6%6.2%37.8%3.0%0.0%4.1%11.2%-2.5K134.4K-3840.0022.17N/AN/A001901,680
2019-03-07$6.85$7.5034.4%9.9%39.8%11.7%0.0%3.2%-3.6%-2.2K140.0K-3180.0018.87N/AN/A051901,680
2019-03-08$6.96$7.5029.1%8.3%39.4%8.1%0.0%28.5%5.9%-2.4K145.5K-3490.0080.52N/AN/A02101901,680
2019-03-11$7.06$7.5033.6%6.5%40.0%11.2%0.0%29.1%4.0%-2.3K129.4K-319400.00101.66N/AN/A14001901,535
2019-03-12$7.08$7.5022.6%6.1%38.9%3.7%0.0%29.7%1.7%-2.5K137.3K-3290.00116.63N/AN/A04001901,880
2019-03-13$7.21$7.5032.0%7.2%39.8%10.1%0.0%11.9%-1.6%-2.3K124.7K-3280.00120.04N/AN/A04001901,535
2019-03-14$7.33$7.5025.7%6.8%25.7%5.8%0.0%5.1%3.1%-2.3K103.4K-3260.00115.57N/AN/A01,0101901,535
2019-03-15$7.35$7.5029.4%6.4%25.0%8.3%0.0%6.4%-5.9%-3.1K145.2K-4420.00101.50N/AN/A01,0111902,490
2019-03-18$7.28$0.0033.2%18.5%25.3%10.9%0.0%10.4%32.9%-3.2K54.0K-4830.00149.13N/AN/A00391,755
2019-03-19$7.12$0.0027.0%11.1%23.8%6.7%0.0%27.0%-3.0%-2.0K40.1K-2730.00130.60N/AN/A100391,755
2019-03-20$7.21$0.0031.9%7.9%23.6%10.0%0.0%14.6%2.4%-3.1K56.9K-4330.00112.47N/AN/A100491,755
2019-03-21$7.38$0.0030.0%7.9%25.1%8.7%0.0%48.9%12.8%-1.8K35.0K-2380.0099.73N/AN/A100491,755
2019-03-22$7.02$0.0027.7%8.1%30.1%7.1%0.0%15.1%3.8%-3.0K62.9K-5311.00108.01N/AN/A1010491,755
2019-03-25$7.07$0.0033.4%7.0%30.3%11.0%0.0%13.7%-3.2%-3.0K56.8K-4660.0099.57N/AN/A00491,765
2019-03-26$7.15$0.0038.0%8.3%30.4%14.2%0.0%13.7%-1.7%-1.7K43.5K-2840.0054.56N/AN/A00491,765
2019-03-27$7.22$0.0032.1%7.0%30.6%10.2%0.0%10.6%-2.6%-2.9K52.9K-4670.00111.37N/AN/A00491,765
2019-03-28$7.37$0.0033.2%7.1%31.3%10.9%0.0%25.1%-1.4%-1.6K37.3K-2230.0065.15N/AN/A00491,765
2019-03-29$7.19$0.0025.8%6.6%32.5%5.9%0.0%5.8%-6.4%-2.3K45.3K-3760.0061.90N/AN/A00491,765