FSP Options History — January 2021

In January 2021, FSP traded between $4.07 and $4.63. ATM implied volatility averaged 82.4%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 38.7% (HV 20d: 43.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.32.

Notable Days

2021-01-11: Highest Volume — 25 contracts
2021-01-28: Largest IV spike — 141.5% change
2021-01-12: Highest IV Rank — 80.4%
2021-01-29: Largest Expected Move — 28.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.45	$4.07	$4.63	$4.23	$4.07
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	82.4%	29.1%	161.5%	102.4%	100.8%
Expected Move	16.0%	8.3%	28.9%	13.5%	28.9%
HV 20d	43.8%	35.7%	49.5%	46.3%	40.3%
HV 60d	56.8%	56.1%	57.5%	56.8%	57.5%
IV Rank	39.7%	12.2%	80.4%	50.0%	49.1%
IV Percentile	49.6%	6.3%	96.0%	76.2%	73.0%
Term Structure	11.9%	-43.4%	62.6%	-5.9%	18.6%
VWIV	50.7%	22.7%	138.5%	49.9%	138.5%
Bid-Ask Spread %	115.09	81.18	132.80	81.18	131.25
Gamma HHI	0.65	0.48	0.98	0.70	0.68
Net GEX	1.4K	910	1.7K	1.3K	910
Net DEX	-45.4K	-58.6K	-29.0K	-32.9K	-35.8K
Net VEX	-267	-337	-182	-213	-250
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.32	0.00	3.00	0.00	0.09
Total Volume	6.053	0	25	0	12
Total OI	526.947	499	590	499	590

Daily Data (19 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
2021-01-04	$4.23	$0.00	102.4%	13.5%	46.3%	50.0%	0.0%	0.0%	-5.9%	1.3K	-32.9K	-213	0.00	81.18	N/A	N/A	0	0	486	13
2021-01-05	$4.33	$0.00	105.2%	17.7%	44.0%	51.4%	0.0%	0.0%	-23.0%	1.2K	-29.0K	-182	0.00	114.61	N/A	N/A	1	0	486	13
2021-01-06	$4.55	$0.00	99.9%	16.3%	48.2%	48.7%	0.0%	0.0%	-5.9%	1.7K	-49.2K	-280	0.00	101.01	N/A	N/A	0	0	486	13
2021-01-07	$4.39	$0.00	157.6%	18.1%	49.5%	78.4%	0.0%	0.0%	-22.9%	1.2K	-36.8K	-205	0.00	120.26	N/A	N/A	5	0	486	13
2021-01-08	$4.36	$0.00	126.2%	15.8%	49.3%	62.2%	0.0%	0.0%	-14.6%	1.5K	-54.2K	-296	0.00	114.93	N/A	N/A	0	0	491	13
2021-01-11	$4.37	$0.00	146.2%	13.7%	49.4%	72.6%	0.0%	0.0%	-1.9%	1.3K	-37.2K	-233	0.00	127.64	N/A	N/A	25	0	491	13
2021-01-12	$4.41	$0.00	161.5%	16.7%	49.5%	80.4%	0.0%	0.0%	-5.7%	1.5K	-51.5K	-301	0.00	119.05	N/A	N/A	0	0	510	13
2021-01-13	$4.45	$0.00	66.1%	19.0%	48.9%	31.2%	0.0%	0.0%	-43.4%	1.3K	-35.6K	-215	0.00	96.82	N/A	N/A	2	0	510	13
2021-01-14	$4.58	$0.00	47.3%	13.6%	49.4%	21.5%	0.0%	0.0%	34.6%	1.7K	-53.2K	-299	0.00	112.52	N/A	N/A	1	0	512	13
2021-01-15	$4.62	$0.00	43.7%	12.5%	48.7%	19.7%	49.9%	0.0%	37.7%	1.6K	-57.7K	-305	0.00	132.80	N/A	N/A	0	11	512	13
2021-01-19	$4.59	$5.00	67.7%	19.4%	47.4%	32.0%	0.0%	0.0%	20.9%	1.5K	-41.6K	-253	0.00	111.03	N/A	N/A	5	0	487	21
2021-01-20	$4.62	$5.00	29.1%	8.3%	40.5%	12.2%	22.7%	0.0%	54.4%	1.7K	-57.1K	-326	0.63	115.64	N/A	N/A	8	5	492	21
2021-01-21	$4.55	$5.00	33.9%	9.7%	36.7%	14.6%	29.0%	0.0%	25.0%	1.4K	-45.1K	-269	3.00	115.86	N/A	N/A	2	6	499	26
2021-01-22	$4.60	$5.00	43.5%	12.5%	36.2%	19.6%	49.6%	0.0%	35.5%	1.2K	-48.0K	-285	0.25	114.93	N/A	N/A	8	2	500	32
2021-01-25	$4.63	$5.00	46.4%	13.3%	35.7%	21.1%	38.5%	0.0%	21.0%	1.4K	-39.6K	-248	0.17	117.08	N/A	N/A	6	1	506	34
2021-01-26	$4.55	$5.00	56.6%	16.2%	36.6%	26.4%	0.0%	0.0%	-7.0%	1.3K	-40.7K	-248	0.00	107.45	N/A	N/A	6	0	512	35
2021-01-27	$4.38	$5.00	38.7%	11.1%	36.9%	17.1%	26.9%	0.0%	62.6%	1.3K	-58.6K	-321	0.00	122.75	N/A	N/A	0	2	539	35
2021-01-28	$4.23	$5.00	93.6%	26.8%	37.9%	45.4%	0.0%	0.0%	46.4%	1.4K	-58.5K	-337	0.00	129.90	N/A	N/A	7	0	539	44
2021-01-29	$4.07	$5.00	100.8%	28.9%	40.3%	49.1%	138.5%	0.0%	18.6%	910	-35.8K	-250	0.09	131.25	N/A	N/A	11	1	546	44