FSP Options History — April 2020

In April 2020, FSP traded between $4.81 and $6.19. ATM implied volatility averaged 86.4%, placing in the 45.9% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded below realized volatility by 41.0% (HV 20d: 127.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.42.

Notable Days

  • 2020-04-27: Highest Volume — 83 contracts
  • 2020-04-16: Largest IV spike — 58.4% change
  • 2020-04-16: Highest IV Rank — 66.0%
  • 2020-04-16: Largest Expected Move — 34.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.44$4.81$6.19$4.98$5.46
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV86.4%66.8%120.6%83.8%76.4%
Expected Move24.0%16.9%34.6%24.0%21.9%
HV 20d127.4%92.8%171.1%162.6%92.8%
HV 60d104.6%97.2%110.4%97.2%110.4%
IV Rank45.9%34.4%66.0%44.4%40.0%
IV Percentile91.6%82.5%96.8%94.0%86.5%
Term Structure-10.5%-100.1%18.9%-16.2%1.6%
VWIV94.8%72.0%123.8%72.0%114.0%
Skew 25d13.3%-11.3%55.3%-9.2%55.3%
Skew 10d36.4%-10.8%91.5%-10.8%91.5%
Call IV 25d72.6%38.2%96.8%93.4%38.2%
Put IV 25d85.9%52.8%114.4%84.2%93.5%
Bid-Ask Spread %109.5856.36149.70139.4394.67
Gamma HHI0.810.680.920.920.70
Net GEX-860-1.3K-601-1.2K-1.2K
Net DEX33.4K20.4K52.0K50.4K34.5K
Net VEX-157-205-140-159-205
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.420.007.305.003.67
Total Volume11.238083214
Total OI241.048171341226341

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$4.98$5.0083.8%24.0%162.6%44.4%72.0%-9.2%-16.2%-1.2K50.4K-1590.00139.43N/AN/A0217209
2020-04-02$5.21$0.00119.3%22.0%164.3%65.3%0.0%44.9%-15.8%-1.1K46.8K-1575.00100.51N/AN/A21017207
2020-04-03$4.81$0.0079.5%22.6%165.6%41.8%0.0%7.2%3.7%-1.1K52.0K-1600.0090.45N/AN/A0117217
2020-04-06$5.36$0.0087.3%24.3%170.5%46.4%0.0%7.7%-7.8%-64433.0K-1460.00107.02N/AN/A0017218
2020-04-07$5.51$0.0071.3%16.9%171.1%37.0%0.0%18.9%-7.9%-78032.8K-1430.00108.41N/AN/A0017218
2020-04-08$5.64$0.0078.4%22.5%169.2%41.2%0.0%-0.6%-11.8%-76531.2K-1450.0099.92N/AN/A0017218
2020-04-09$6.19$0.0078.9%22.6%155.9%41.5%0.0%-11.3%2.2%-66722.6K-1400.0074.72N/AN/A0017218
2020-04-13$6.07$0.0094.2%27.0%156.2%50.5%0.0%25.3%16.5%-68927.0K-1510.00115.83N/AN/A0017220
2020-04-14$5.89$0.00101.4%29.1%127.1%54.7%0.0%19.4%-29.4%-60128.3K-1560.00122.98N/AN/A0017220
2020-04-15$5.71$0.0076.1%21.8%115.7%39.8%0.0%-0.3%18.9%-65230.0K-1510.00116.39N/AN/A01617220
2020-04-16$5.34$5.00120.6%34.6%113.0%66.0%0.0%9.4%-100.1%-78737.0K-1480.00149.70N/AN/A0017236
2020-04-17$5.66$5.0072.2%20.7%111.6%37.5%86.3%27.0%-13.0%-94733.9K-1500.00114.13N/AN/A1017236
2020-04-20$5.15$5.0093.8%26.9%117.6%50.2%0.0%23.8%-26.6%-91640.4K-1400.45125.93N/AN/A11516155
2020-04-21$5.08$5.0082.5%23.7%112.4%43.6%0.0%-4.7%-7.7%-66530.5K-1520.00131.29N/AN/A0027160
2020-04-22$5.01$5.0090.0%25.8%95.4%48.0%90.0%2.8%9.5%-63329.1K-1520.40102.43N/AN/A10427160
2020-04-23$5.13$5.0087.1%25.0%93.4%46.3%0.0%-1.7%-16.4%-95436.5K-1700.00114.33N/AN/A1037193
2020-04-24$5.12$5.0082.4%23.6%93.2%43.5%82.5%21.3%10.4%-80630.6K-1730.0056.36N/AN/A02937193
2020-04-27$5.40$5.0066.8%19.1%94.8%34.4%0.0%16.1%12.9%-66720.4K-1487.30104.67N/AN/A107337200
2020-04-28$5.55$5.0077.7%22.3%95.4%40.7%0.0%0.8%-5.9%-1.3K33.2K-1960.00113.31N/AN/A04039260
2020-04-29$5.94$5.0095.3%27.3%98.2%51.2%123.8%27.5%-37.6%-93021.2K-1502.50118.73N/AN/A2539300
2020-04-30$5.46$5.0076.4%21.9%92.8%40.0%114.0%55.3%1.6%-1.2K34.5K-2053.6794.67N/AN/A31141300