FSP Options History — July 2019

In July 2019, FSP traded between $7.42 and $8.09. ATM implied volatility averaged 33.7%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 8.1% (HV 20d: 25.6%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 90.15.

Notable Days

  • 2019-07-19: Highest Volume — 2,012 contracts
  • 2019-07-31: Largest IV spike — 102.8% change
  • 2019-07-09: Highest IV Rank — 79.2%
  • 2019-07-19: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.65$7.42$8.09$7.42$8.09
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV33.7%20.7%67.1%29.4%42.2%
Expected Move9.1%5.9%13.4%8.4%12.1%
HV 20d25.6%18.6%29.3%28.4%19.7%
HV 60d24.2%22.8%25.8%25.8%23.8%
IV Rank25.9%5.1%79.2%19.0%39.4%
IV Percentile50.1%5.2%96.8%45.2%79.4%
Term Structure-2.7%-20.2%23.9%23.9%-17.2%
VWIV23.6%18.6%27.8%20.0%22.6%
Skew 25d11.3%-34.0%38.1%-34.0%-23.0%
Skew 10d29.6%-79.8%72.0%-79.8%20.6%
Call IV 25d45.6%25.9%72.8%72.8%69.0%
Put IV 25d56.9%19.3%104.1%38.8%46.0%
Bid-Ask Spread %70.4810.48129.48114.0299.76
Gamma HHI0.670.500.910.600.83
Net GEX217-2.0K992-1.0K791
Net DEX-10.2K-33.2K29.9K9.6K-33.2K
Net VEX-180-591-68-371-68
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio90.150.00401.40133.3373.18
Total Volume378.22702,012403450
Total OI2,607.6821,6373,6332,7192,053

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$7.42$0.0029.4%8.4%28.4%19.0%20.0%-34.0%23.9%-1.0K9.6K-371133.33114.02N/AN/A3400392,680
2019-07-02$7.51$7.5021.6%6.2%27.6%6.5%18.6%38.1%-0.6%-9004.8K-330133.3359.98N/AN/A3400423,080
2019-07-03$7.61$7.5029.3%8.4%27.9%18.9%22.7%34.8%4.7%624-13.8K-8333.3367.06N/AN/A3100423,080
2019-07-05$7.66$0.0041.8%11.2%28.0%38.9%0.0%26.5%-11.0%-682-2.7K-27226.0048.14N/AN/A378422,980
2019-07-08$7.69$0.0047.1%9.4%27.9%47.3%0.0%6.6%-5.1%-501-4.1K-2590.0037.40N/AN/A00422,988
2019-07-09$7.66$0.0067.1%12.2%28.0%79.2%0.0%8.0%-18.2%524-14.3K-890.00128.78N/AN/A00422,988
2019-07-10$7.80$0.0025.4%7.3%28.5%12.6%0.0%19.3%-3.1%797-17.5K-780.0054.51N/AN/A00422,988
2019-07-11$7.62$0.0041.1%11.8%29.3%37.8%0.0%10.2%-4.5%-2.0K29.9K-5910.00127.88N/AN/A0100422,988
2019-07-12$7.60$0.0028.0%8.0%28.6%16.7%0.0%5.9%-1.9%828-14.4K-760.0035.80N/AN/A0107422,888
2019-07-15$7.55$0.0029.1%8.4%28.6%18.6%0.0%29.5%-1.1%833-13.5K-760.0061.80N/AN/A30422,388
2019-07-16$7.57$0.0043.1%12.4%28.7%40.9%0.0%12.5%-5.9%279-14.0K-9940.00129.48N/AN/A5200452,388
2019-07-17$7.57$0.0036.4%10.4%27.9%30.2%0.0%24.0%6.0%830-16.1K-7740.00121.11N/AN/A5200452,588
2019-07-18$7.54$0.0028.7%8.2%27.8%18.0%0.0%14.2%4.2%808-15.3K-71200.0057.60N/AN/A51,000452,588
2019-07-19$7.54$0.0046.7%13.4%27.7%46.7%0.0%11.9%-20.2%-3997.4K-430401.40123.08N/AN/A52,007453,588
2019-07-22$7.45$0.0037.4%10.7%25.5%31.8%0.0%19.4%-1.1%396-9.9K-1240.0083.30N/AN/A00421,595
2019-07-23$7.56$0.0027.2%7.8%23.6%15.5%27.2%32.6%-0.5%478-13.6K-1110.0029.31N/AN/A10421,595
2019-07-24$7.67$7.5026.2%7.5%23.7%13.8%26.3%3.7%-0.2%621-15.7K-980.0047.89N/AN/A110431,595
2019-07-25$7.59$7.5028.3%8.1%19.9%17.3%27.8%22.4%-0.7%719-16.9K-14091.3687.34N/AN/A111,005531,595
2019-07-26$7.79$7.5020.7%5.9%18.6%5.1%22.6%-17.0%4.0%-103-8.9K-32573.1810.48N/AN/A11805532,600
2019-07-29$7.82$7.5024.2%6.9%18.6%10.8%0.0%0.5%-7.2%832-24.2K-1090.0012.02N/AN/A01,000532,600
2019-07-30$7.91$7.5020.8%6.0%18.7%5.3%0.0%1.7%-4.1%992-27.4K-910.0013.71N/AN/A0400532,600
2019-07-31$8.09$7.5042.2%12.1%19.7%39.4%0.0%-23.0%-17.2%791-33.2K-680.0099.76N/AN/A0450532,000