FSP Options History — August 2019

In August 2019, FSP traded between $7.47 and $8.23. ATM implied volatility averaged 35.8%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 7.0% (HV 20d: 28.8%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 13.66.

Notable Days

  • 2019-08-07: Highest Volume — 2,904 contracts
  • 2019-08-07: Largest IV spike — 112.1% change
  • 2019-08-09: Highest IV Rank — 73.1%
  • 2019-08-01: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.75$7.47$8.23$8.23$7.52
Max Pain$5.23$5.00$7.50$7.50$5.00
ATM IV35.8%23.8%63.3%53.8%33.1%
Expected Move8.6%6.8%15.4%15.4%9.5%
HV 20d28.8%20.0%33.1%20.0%30.2%
HV 60d25.4%22.6%27.2%22.6%26.9%
IV Rank29.3%10.1%73.1%58.0%24.8%
IV Percentile52.8%17.5%93.7%90.5%60.7%
Term Structure1.1%-23.2%62.9%-15.7%-3.8%
VWIV30.6%24.2%35.5%35.5%24.2%
Skew 25d-3.2%-41.5%23.7%-1.7%-0.4%
Skew 10d15.5%-65.2%64.4%29.8%2.8%
Call IV 25d43.3%19.7%73.7%70.2%41.0%
Put IV 25d40.0%21.9%74.5%68.5%40.6%
Bid-Ask Spread %82.5521.09120.66106.3686.79
Gamma HHI0.570.420.800.750.64
Net GEX-71-1.4K1.3K-70-1.1K
Net DEX-5.3K-33.8K49.8K-26.1K43.0K
Net VEX-342-710-135-135-616
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio13.660.0090.0090.000.00
Total Volume426.54502,904455200
Total OI3,080.6361,7873,5602,0963,411

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$8.23$7.5053.8%15.4%20.0%58.0%0.0%-1.7%-15.7%-70-26.1K-13590.00106.36N/AN/A5450532,043
2019-08-02$8.03$7.5036.6%10.5%22.4%30.5%0.0%-39.5%-23.2%-214-14.3K-2270.0078.03N/AN/A0326582,043
2019-08-05$7.74$5.0038.4%8.9%26.3%33.4%0.0%-0.5%-2.0%101-9.1K-1900.0082.35N/AN/A01,000581,729
2019-08-06$7.90$5.0027.5%8.2%27.2%15.9%0.0%-8.6%-1.1%-45-13.3K-1960.0084.38N/AN/A0100582,729
2019-08-07$7.83$5.0058.2%7.0%26.7%65.1%0.0%-12.6%-0.1%-708-1.6K-3210.00108.41N/AN/A02,904582,829
2019-08-08$7.97$5.0041.5%7.4%25.9%38.3%0.0%-9.2%-2.9%43-16.3K-1810.0051.78N/AN/A01,100582,082
2019-08-09$7.81$5.0063.3%10.2%27.0%73.1%0.0%3.3%-11.4%-954-517-3460.00116.72N/AN/A010583,344
2019-08-12$7.67$5.0054.1%9.5%27.8%58.5%0.0%8.8%-3.4%-9725.3K-3510.0066.50N/AN/A00583,354
2019-08-13$7.80$5.0054.3%7.8%28.4%58.8%0.0%11.4%-1.0%-420-5.8K-2530.00107.65N/AN/A00583,354
2019-08-14$7.72$5.0029.6%8.5%28.7%19.3%35.5%-0.4%-6.1%-637-2.9K-2920.10104.26N/AN/A505583,354
2019-08-15$7.62$5.0028.2%8.1%29.0%17.2%32.0%3.9%-2.4%293-13.5K-3744.55102.90N/AN/A66300953,359
2019-08-16$7.86$5.0024.9%7.2%31.0%11.9%0.0%-12.1%5.3%715-27.4K-2970.0062.47N/AN/A00953,059
2019-08-19$7.91$5.0024.1%6.9%30.6%10.5%30.7%12.5%62.9%833-33.8K-2360.0021.09N/AN/A10943,059
2019-08-20$7.78$5.0024.2%6.9%31.0%10.7%24.2%1.3%6.1%1.3K-30.7K-2350.0029.61N/AN/A10953,059
2019-08-21$7.80$5.0025.2%7.2%30.6%12.3%0.0%-27.5%4.2%1.2K-29.1K-2490.0036.47N/AN/A0400953,059
2019-08-22$7.79$5.0025.6%7.3%30.3%13.0%0.0%-7.4%4.1%596-22.9K-3681.0063.80N/AN/A33953,459
2019-08-23$7.47$5.0023.8%6.8%32.5%10.1%0.0%6.4%12.4%1651.4K-4420.00104.23N/AN/A00983,462
2019-08-26$7.59$5.0041.2%11.8%33.1%37.9%0.0%6.7%-11.9%87-13.1K-3730.00120.66N/AN/A00983,462
2019-08-27$7.49$5.0024.4%7.0%33.0%11.1%0.0%-41.5%2.8%476-1.2K-4430.00107.28N/AN/A0556983,462
2019-08-28$7.47$5.0031.6%9.1%31.6%22.6%0.0%12.4%2.0%-1.4K49.8K-7100.0086.25N/AN/A40983,215
2019-08-29$7.55$5.0024.6%7.0%31.1%11.3%0.0%23.7%9.8%-88144.5K-6970.0088.02N/AN/A01,900963,215
2019-08-30$7.52$5.0033.1%9.5%30.2%24.8%0.0%-0.4%-3.8%-1.1K43.0K-6160.0086.79N/AN/A0200963,315