FSP Options History — September 2019

In September 2019, FSP traded between $7.55 and $8.57. ATM implied volatility averaged 38.5%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 13.4% (HV 20d: 25.1%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.67.

Notable Days

  • 2019-09-03: Highest Volume — 3,506 contracts
  • 2019-09-09: Largest IV spike — 63.6% change
  • 2019-09-30: Highest IV Rank — 65.7%
  • 2019-09-30: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.16$7.55$8.57$7.55$8.46
Max Pain$7.25$5.00$7.50$5.00$7.50
ATM IV38.5%26.8%59.4%42.4%59.4%
Expected Move10.5%7.7%17.0%12.2%17.0%
HV 20d25.1%20.0%28.5%27.5%22.2%
HV 60d26.5%24.6%28.1%26.8%25.5%
IV Rank32.9%14.9%65.7%39.8%65.7%
IV Percentile67.7%32.5%92.5%79.8%92.5%
Term Structure1.9%-36.4%132.7%-9.5%-11.2%
VWIV30.4%24.5%36.3%24.5%36.3%
Skew 25d2.5%-27.8%40.1%14.4%0.1%
Skew 10d26.9%-14.0%75.3%18.8%39.4%
Call IV 25d37.2%29.0%58.7%32.1%39.5%
Put IV 25d39.7%27.4%76.2%46.4%39.5%
Bid-Ask Spread %71.6342.33117.0798.7956.24
Gamma HHI0.830.500.980.600.66
Net GEX-2.5K-4.2K-685-1.9K-2.0K
Net DEX7.5K-32.3K39.0K39.0K9.2K
Net VEX-466-644-252-546-399
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.005.005.000.00
Total Volume25203,5063,5060
Total OI4,300.43,5754,9173,6113,635

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$7.55$5.0042.4%12.2%27.5%39.8%0.0%14.4%-9.5%-1.9K39.0K-5460.0098.79N/AN/A03,506963,515
2019-09-04$7.64$5.0029.3%8.4%26.8%18.8%0.0%33.9%2.2%-68533.4K-6090.0066.13N/AN/A0801964,021
2019-09-05$7.66$7.5032.1%8.3%26.7%23.4%0.0%40.1%5.6%-1.5K38.6K-6440.00117.07N/AN/A00964,821
2019-09-06$7.67$7.5028.9%8.9%25.7%18.2%0.0%32.5%-1.0%-69231.4K-6180.0047.33N/AN/A00964,821
2019-09-09$7.86$7.5047.3%7.7%26.4%47.6%0.0%3.4%6.9%-1.9K26.7K-5510.0067.30N/AN/A0401964,821
2019-09-10$8.16$7.5046.3%9.0%28.5%46.0%0.0%4.0%0.5%-1.6K-905-5545.0084.11N/AN/A420964,422
2019-09-11$8.27$7.5026.8%7.7%28.4%14.9%0.0%2.6%-0.2%-2.8K-7.5K-4730.0054.40N/AN/A00944,442
2019-09-12$8.28$7.5032.7%9.4%27.9%24.3%0.0%-3.4%-17.8%-3.2K-23.6K-4110.0061.70N/AN/A0200944,442
2019-09-13$8.17$7.5028.9%8.3%28.0%18.3%0.0%-2.0%-4.5%-1.8K-846-5270.0054.31N/AN/A260944,642
2019-09-16$8.22$7.5032.6%9.4%26.0%24.2%0.0%-0.7%-8.6%-2.2K-3.2K-4850.0061.28N/AN/A00944,642
2019-09-17$8.27$7.5040.2%11.5%26.0%36.2%0.0%7.4%-19.2%-2.1K-12.1K-4550.0064.09N/AN/A00944,642
2019-09-18$8.18$7.5037.8%10.8%25.6%32.5%24.5%-12.7%-22.5%-2.2K-1.9K-4580.0071.61N/AN/A02944,642
2019-09-19$8.28$7.5038.8%11.1%25.8%32.6%0.0%-27.8%-24.4%-3.3K-18.6K-4290.0083.90N/AN/A00944,642
2019-09-20$8.29$7.5040.7%11.7%25.8%35.3%0.0%-12.9%-36.4%-4.2K-32.3K-3580.0047.86N/AN/A020944,642
2019-09-23$8.20$7.5031.1%8.9%20.3%19.6%0.0%-9.9%0.0%-3.0K32.8K-4530.0042.33N/AN/A00403,548
2019-09-24$8.27$7.5042.8%12.3%20.0%38.7%0.0%-10.0%0.0%-3.8K18.9K-3700.0066.18N/AN/A00403,535
2019-09-25$8.56$7.5040.9%11.7%21.5%35.0%0.0%-5.3%-1.5%-2.9K9.0K-3420.00115.93N/AN/A00403,535
2019-09-26$8.56$7.5041.8%12.0%21.4%36.5%0.0%-0.6%43.5%-3.7K17.6K-3860.0067.43N/AN/A00403,535
2019-09-27$8.57$7.5049.7%14.2%21.4%49.6%36.3%-3.6%132.7%-3.3K-5.6K-2520.00104.52N/AN/A600403,535
2019-09-30$8.46$7.5059.4%17.0%22.2%65.7%0.0%0.1%-11.2%-2.0K9.2K-3990.0056.24N/AN/A001003,535