FSP Options History — December 2020

In December 2020, FSP traded between $4.10 and $5.02. ATM implied volatility averaged 78.4%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 21.0%. IV traded above realized volatility by 26.0% (HV 20d: 52.5%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.01.

Notable Days

2020-12-02: Highest Volume — 27 contracts
2020-12-29: Largest IV spike — 50.4% change
2020-12-21: Highest IV Rank — 54.1%
2020-12-21: Largest Expected Move — 31.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.60	$4.10	$5.02	$4.80	$4.38
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	78.4%	50.5%	110.3%	58.5%	83.0%
Expected Move	21.0%	11.9%	31.6%	16.8%	23.8%
HV 20d	52.5%	38.6%	80.4%	80.4%	45.2%
HV 60d	61.2%	56.1%	66.3%	66.1%	56.3%
IV Rank	37.6%	23.2%	54.1%	27.3%	40.0%
IV Percentile	56.3%	25.8%	81.3%	39.3%	61.5%
Term Structure	-9.7%	-59.4%	84.8%	37.8%	-45.3%
VWIV	89.2%	57.4%	116.9%	90.3%	116.9%
Bid-Ask Spread %	108.82	65.93	138.67	113.36	65.93
Gamma HHI	0.61	0.50	0.91	0.51	0.91
Net GEX	1.6K	918	2.0K	1.4K	1.3K
Net DEX	-43.2K	-64.5K	-27.0K	-43.5K	-34.1K
Net VEX	-299	-416	-201	-346	-209
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.08	0.00	0.00
Total Volume	7.455	0	27	0	20
Total OI	549.273	466	602	552	499

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2020-12-01	$4.80	$5.00	58.5%	16.8%	80.4%	27.3%	0.0%	0.0%	37.8%	1.4K	-43.5K	-346	0.00	113.36	N/A	N/A	0	0	487	65
2020-12-02	$4.88	$5.00	84.8%	24.3%	77.1%	40.9%	90.3%	0.0%	-30.9%	1.5K	-53.0K	-348	0.00	90.34	N/A	N/A	27	0	487	65
2020-12-03	$4.81	$0.00	89.8%	19.0%	75.4%	43.5%	57.4%	0.0%	7.0%	1.7K	-59.1K	-416	0.00	131.55	N/A	N/A	14	0	504	65
2020-12-04	$5.02	$5.00	93.1%	21.2%	75.8%	45.1%	0.0%	0.0%	-27.3%	1.7K	-59.0K	-332	0.00	137.14	N/A	N/A	2	0	511	65
2020-12-07	$4.93	$5.00	109.5%	21.2%	75.9%	53.6%	0.0%	0.0%	-15.6%	1.9K	-61.0K	-380	0.00	137.57	N/A	N/A	11	0	511	65
2020-12-08	$4.88	$5.00	74.4%	11.9%	53.2%	35.5%	0.0%	0.0%	2.7%	2.0K	-48.7K	-332	0.00	85.06	N/A	N/A	1	0	521	65
2020-12-09	$4.81	$5.00	60.0%	17.2%	53.2%	28.1%	0.0%	0.0%	-14.2%	1.8K	-51.4K	-340	0.00	113.88	N/A	N/A	10	0	521	65
2020-12-10	$4.80	$5.00	66.5%	19.1%	48.6%	31.4%	0.0%	0.0%	-7.8%	2.0K	-57.4K	-388	0.00	112.15	N/A	N/A	0	0	531	65
2020-12-11	$4.73	$5.00	64.3%	18.4%	46.5%	30.3%	0.0%	0.0%	-39.2%	1.8K	-38.7K	-299	0.00	136.99	N/A	N/A	5	0	531	65
2020-12-14	$4.83	$5.00	64.7%	18.5%	38.6%	30.5%	0.0%	0.0%	-20.5%	2.0K	-55.0K	-343	0.00	128.60	N/A	N/A	0	0	536	65
2020-12-15	$4.94	$5.00	50.5%	14.5%	39.0%	23.2%	0.0%	0.0%	-2.9%	1.9K	-64.5K	-342	0.00	104.22	N/A	N/A	1	0	536	65
2020-12-16	$4.80	$5.00	62.4%	17.9%	39.3%	29.3%	0.0%	0.0%	-33.2%	1.9K	-27.8K	-311	0.00	133.83	N/A	N/A	0	0	537	65
2020-12-17	$4.65	$5.00	82.6%	23.7%	39.8%	39.7%	0.0%	0.0%	84.8%	1.6K	-27.0K	-327	0.00	138.67	N/A	N/A	2	0	537	65
2020-12-18	$4.35	$5.00	84.1%	24.1%	46.0%	40.5%	0.0%	0.0%	0.0%	1.2K	-36.2K	-263	0.00	118.61	N/A	N/A	5	0	535	17
2020-12-21	$4.15	$5.00	110.3%	31.6%	48.1%	54.1%	92.4%	0.0%	34.3%	918	-41.9K	-245	0.08	120.25	N/A	N/A	24	2	455	11
2020-12-22	$4.10	$5.00	82.9%	23.8%	48.1%	39.9%	0.0%	0.0%	18.6%	1.0K	-27.2K	-201	0.00	97.71	N/A	N/A	26	0	479	13
2020-12-23	$4.19	$5.00	92.0%	26.4%	43.7%	44.6%	0.0%	0.0%	-59.4%	1.3K	-35.9K	-263	0.00	113.64	N/A	N/A	0	0	482	13
2020-12-24	$4.21	$5.00	88.7%	25.4%	43.7%	42.9%	0.0%	0.0%	-8.4%	1.1K	-37.6K	-237	0.00	67.19	N/A	N/A	0	0	482	13
2020-12-28	$4.38	$5.00	58.1%	16.7%	46.6%	27.1%	116.9%	0.0%	3.1%	1.5K	-31.5K	-220	0.00	85.90	N/A	N/A	11	0	482	13
2020-12-29	$4.27	$5.00	87.4%	25.1%	45.4%	42.2%	0.0%	0.0%	-29.2%	1.5K	-31.0K	-219	0.00	82.43	N/A	N/A	3	0	483	13
2020-12-30	$4.26	$5.00	77.9%	22.3%	44.2%	37.3%	0.0%	0.0%	-57.8%	1.4K	-29.5K	-209	0.00	79.04	N/A	N/A	0	0	486	13
2020-12-31	$4.38	$5.00	83.0%	23.8%	45.2%	40.0%	0.0%	0.0%	-45.3%	1.3K	-34.1K	-209	0.00	65.93	N/A	N/A	20	0	486	13