FSP Options History — February 2020

In February 2020, FSP traded between $6.99 and $8.18. ATM implied volatility averaged 33.7%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 6.0% (HV 20d: 27.7%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 36.45.

Notable Days

  • 2020-02-18: Highest Volume — 2,081 contracts
  • 2020-02-05: Largest IV spike — 104.4% change
  • 2020-02-28: Highest IV Rank — 76.7%
  • 2020-02-28: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.69$6.99$8.18$7.70$6.99
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV33.7%16.7%77.3%30.8%77.3%
Expected Move9.2%4.8%22.2%8.8%22.2%
HV 20d27.7%13.9%38.4%20.5%38.4%
HV 60d26.0%22.2%28.8%22.9%28.8%
IV Rank20.2%0.0%76.7%14.5%76.7%
IV Percentile45.0%0.0%99.6%44.8%99.6%
Term Structure18.6%-33.5%102.9%-2.4%42.6%
VWIV36.3%19.4%82.3%20.4%82.3%
Skew 25d-4.8%-56.9%30.3%-27.1%-13.1%
Skew 10d0.8%-79.9%66.4%-36.9%-29.5%
Call IV 25d45.7%24.4%83.2%57.9%64.7%
Put IV 25d41.0%17.2%65.0%30.8%51.5%
Bid-Ask Spread %78.2924.62120.55102.81120.55
Gamma HHI0.890.491.000.690.49
Net GEX-4.5K-6.3K-3.0K-4.9K-3.5K
Net DEX38.0K-4.8K99.8K58.8K99.8K
Net VEX-270-500-145-500-481
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio36.450.00188.180.0010.00
Total Volume232.94702,08164022
Total OI1,2938651,9361,5051,146

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$7.70$0.0030.8%8.8%20.5%14.5%0.0%-27.1%-2.4%-4.9K58.8K-5000.00102.81N/AN/A0640331,472
2020-02-04$7.77$0.0021.2%6.1%21.1%1.9%0.0%-56.9%5.8%-5.1K44.4K-3830.00105.23N/AN/A00331,472
2020-02-05$7.85$0.0043.3%12.4%15.0%31.0%0.0%-20.4%-33.5%-4.1K20.6K-2050.0050.37N/AN/A00331,472
2020-02-06$7.91$7.5046.1%9.1%13.9%34.6%0.0%3.3%-4.0%-4.2K33.0K-3340.0059.30N/AN/A00331,472
2020-02-07$7.78$7.5034.0%8.3%14.8%18.8%0.0%-14.6%-0.9%-4.1K29.8K-2230.0032.18N/AN/A00331,472
2020-02-10$7.73$7.5040.9%8.1%14.6%27.9%0.0%3.3%2.7%-4.2K32.4K-2100.0025.89N/AN/A02033832
2020-02-11$7.59$7.5042.3%11.7%15.3%29.6%0.0%9.3%-9.8%-3.3K42.2K-2510.00113.12N/AN/A2033852
2020-02-12$8.18$7.5020.6%5.9%31.3%1.2%20.4%-20.8%5.1%-3.0K-4.8K-1450.5099.25N/AN/A2135852
2020-02-13$7.95$7.5016.7%4.8%33.1%0.0%19.4%-5.5%7.9%-4.4K3.1K-1660.0024.62N/AN/A15035851
2020-02-14$7.99$7.5017.9%5.1%32.6%1.5%0.0%-13.7%4.7%-4.0K-2.2K-1740.0047.12N/AN/A0142851
2020-02-18$7.87$7.5028.9%8.3%33.0%15.5%0.0%4.3%-2.4%-4.6K23.2K-230188.1830.85N/AN/A112,07042852
2020-02-19$7.70$7.5029.3%8.4%33.8%16.0%0.0%21.0%0.4%-4.3K23.2K-2420.0069.61N/AN/A040052892
2020-02-20$7.66$7.5028.4%8.1%33.7%14.8%0.0%-20.5%-4.9%-5.1K34.6K-25420.00101.18N/AN/A120521,282
2020-02-21$7.66$7.5028.9%8.3%33.7%15.5%0.0%27.7%0.7%-5.2K34.9K-2490.0097.92N/AN/A0400521,292
2020-02-24$7.68$7.5030.4%8.7%33.6%17.3%0.0%-42.6%95.3%-5.4K39.6K-2370.0097.25N/AN/A00441,892
2020-02-25$7.46$7.5031.0%8.9%35.1%18.1%31.0%30.0%72.3%-5.5K57.4K-2380.00102.57N/AN/A0420441,892
2020-02-26$7.46$7.5030.0%8.6%35.0%16.8%28.4%15.1%70.7%-6.3K61.5K-2430.0099.27N/AN/A01441,502
2020-02-27$7.15$7.5042.2%12.1%37.8%32.3%0.0%30.3%102.9%-5.1K91.3K-3720.00108.40N/AN/A0400441,502
2020-02-28$6.99$7.5077.3%22.2%38.4%76.7%82.3%-13.1%42.6%-3.5K99.8K-48110.00120.55N/AN/A220441,102