FSP Options History — February 2021

In February 2021, FSP traded between $4.09 and $5.11. ATM implied volatility averaged 80.3%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 35.5% (HV 20d: 44.8%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.08.

Notable Days

2021-02-23: Highest Volume — 740 contracts
2021-02-18: Largest IV spike — 76.3% change
2021-02-18: Highest IV Rank — 67.3%
2021-02-18: Largest Expected Move — 39.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.44	$4.09	$5.11	$4.26	$5.03
Max Pain	$3.29	$2.50	$5.00	$5.00	$5.00
ATM IV	80.3%	41.5%	136.0%	120.2%	41.5%
Expected Move	21.7%	11.9%	39.0%	34.5%	11.9%
HV 20d	44.8%	36.1%	61.7%	42.5%	58.1%
HV 60d	47.4%	41.8%	56.5%	56.5%	47.9%
IV Rank	38.6%	18.6%	67.3%	59.1%	18.6%
IV Percentile	46.4%	5.2%	91.3%	84.9%	5.2%
Term Structure	1.1%	-48.4%	135.8%	-48.4%	14.1%
VWIV	79.4%	41.5%	159.2%	121.1%	41.5%
Bid-Ask Spread %	101.28	73.66	143.12	102.85	99.38
Gamma HHI	0.85	0.62	0.94	0.68	0.86
Net GEX	4.9K	1.4K	14.3K	1.4K	14.3K
Net DEX	-143.3K	-401.1K	-44.1K	-44.1K	-376.1K
Net VEX	-593	-1.3K	-279	-279	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.08	0.00	0.75	0.00	0.05
Total Volume	157.684	5	740	397	90
Total OI	1,225.263	598	1,904	598	1,903

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
2021-02-01	$4.26	$5.00	120.2%	34.5%	42.5%	59.1%	121.1%	0.0%	-48.4%	1.4K	-44.1K	-279	0.00	102.85	N/A	N/A	397	0	556	42
2021-02-02	$4.14	$5.00	113.9%	32.7%	41.9%	55.9%	102.5%	0.0%	-29.5%	2.4K	-63.0K	-358	0.01	123.07	N/A	N/A	96	1	933	42
2021-02-03	$4.09	$5.00	119.2%	34.2%	41.0%	58.6%	124.9%	0.0%	-46.9%	2.2K	-55.7K	-340	0.00	97.25	N/A	N/A	48	0	1,019	43
2021-02-04	$4.21	$2.50	111.4%	16.0%	38.1%	54.6%	60.5%	0.0%	2.7%	2.6K	-59.2K	-345	0.00	95.77	N/A	N/A	72	0	1,020	43
2021-02-05	$4.20	$2.50	113.9%	21.9%	36.1%	55.9%	70.7%	0.0%	-7.4%	3.6K	-90.9K	-414	0.25	101.83	N/A	N/A	4	1	1,041	43
2021-02-08	$4.41	$2.50	100.4%	22.6%	40.3%	48.9%	81.7%	0.0%	-21.3%	3.0K	-84.7K	-398	0.00	84.62	N/A	N/A	332	0	1,042	44
2021-02-09	$4.45	$2.50	51.8%	22.7%	40.5%	23.8%	78.4%	0.0%	-16.6%	5.5K	-119.2K	-577	0.00	99.72	N/A	N/A	35	0	1,182	44
2021-02-10	$4.43	$2.50	56.2%	16.1%	40.4%	26.2%	49.1%	0.0%	-2.8%	5.5K	-137.6K	-619	0.75	103.19	N/A	N/A	4	3	1,162	44
2021-02-11	$4.36	$2.50	57.0%	16.3%	40.6%	26.5%	0.0%	0.0%	-8.7%	3.7K	-101.3K	-535	0.00	102.62	N/A	N/A	5	0	1,164	45
2021-02-12	$4.35	$2.50	66.4%	19.0%	39.1%	31.4%	75.3%	0.0%	-21.7%	3.7K	-108.1K	-550	0.00	98.34	N/A	N/A	10	0	1,162	45
2021-02-16	$4.32	$2.50	71.5%	20.5%	38.9%	34.0%	159.2%	0.0%	22.8%	3.0K	-152.0K	-645	0.36	90.90	N/A	N/A	64	23	1,166	45
2021-02-17	$4.16	$2.50	77.1%	22.1%	40.7%	36.9%	0.0%	0.0%	8.4%	3.2K	-87.1K	-487	0.00	113.81	N/A	N/A	12	0	1,216	67
2021-02-18	$4.12	$2.50	136.0%	39.0%	40.5%	67.3%	95.0%	0.0%	0.0%	1.4K	-61.1K	-374	0.00	143.12	N/A	N/A	8	0	1,216	59
2021-02-19	$4.17	$2.50	71.7%	20.6%	40.8%	34.1%	0.0%	0.0%	135.8%	3.1K	-97.9K	-499	0.00	125.24	N/A	N/A	31	0	1,216	59
2021-02-22	$4.49	$2.50	66.9%	19.2%	49.2%	31.7%	58.4%	0.0%	19.1%	4.1K	-116.4K	-490	0.00	104.26	N/A	N/A	205	0	998	16
2021-02-23	$4.98	$2.50	53.7%	15.4%	61.7%	24.8%	53.7%	0.0%	3.9%	7.0K	-233.2K	-772	0.01	78.10	N/A	N/A	733	7	1,176	16
2021-02-24	$5.11	$5.00	45.6%	13.1%	61.7%	20.7%	45.8%	0.0%	10.7%	11.7K	-333.2K	-948	0.01	73.66	N/A	N/A	589	5	1,486	21
2021-02-25	$5.11	$5.00	51.8%	14.9%	59.5%	23.9%	52.0%	0.0%	5.1%	12.7K	-401.1K	-1.3K	0.02	86.66	N/A	N/A	217	4	1,879	25
2021-02-26	$5.03	$5.00	41.5%	11.9%	58.1%	18.6%	41.5%	0.0%	14.1%	14.3K	-376.1K	-1.3K	0.05	99.38	N/A	N/A	86	4	1,875	28