FSP Options History — May 2021

In May 2021, FSP traded between $4.92 and $5.38. ATM implied volatility averaged 49.8%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 15.5% (HV 20d: 34.3%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.20.

Notable Days

  • 2021-05-12: Highest Volume — 119 contracts
  • 2021-05-10: Largest IV spike — 61.5% change
  • 2021-05-11: Highest IV Rank — 39.6%
  • 2021-05-03: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.14$4.92$5.38$5.38$5.15
Max Pain$4.38$2.50$5.00$5.00$5.00
ATM IV49.8%39.6%82.3%70.1%44.3%
Expected Move13.1%11.4%20.1%20.1%12.7%
HV 20d34.3%19.7%40.7%20.9%40.7%
HV 60d47.0%39.8%51.3%48.4%40.0%
IV Rank22.8%17.6%39.6%33.3%20.0%
IV Percentile19.8%5.6%63.9%51.2%13.1%
Term Structure0.1%-51.9%15.6%-51.9%0.1%
VWIV46.5%37.9%101.3%101.3%42.8%
Bid-Ask Spread %62.3234.57111.58111.5842.47
Gamma HHI0.820.710.880.720.85
Net GEX9.7K7.5K11.5K7.9K10.6K
Net DEX-269.5K-323.8K-194.6K-279.1K-283.8K
Net VEX-994-1.1K-814-902-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.920.250.00
Total Volume31.850119400
Total OI1,327.61,1331,4451,1471,430

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$5.38$5.0070.1%20.1%20.9%33.3%101.3%0.0%-51.9%7.9K-279.1K-9020.25111.58N/AN/A3281,12819
2021-05-04$5.29$5.0063.4%18.2%19.7%29.9%38.7%0.0%11.7%7.5K-258.3K-8930.00103.14N/AN/A2001,10627
2021-05-05$4.99$5.0047.3%13.6%27.6%21.5%46.8%0.0%-2.6%8.2K-194.6K-8140.0793.09N/AN/A8861,12027
2021-05-06$5.17$2.5067.6%12.6%29.5%32.0%44.1%0.0%-0.4%9.2K-254.7K-9520.0062.69N/AN/A301,20733
2021-05-07$5.29$2.5039.9%12.1%29.8%17.7%41.8%0.0%2.2%9.7K-289.1K-9720.0064.72N/AN/A301,20833
2021-05-10$5.29$2.5064.4%11.7%29.7%30.3%37.9%0.0%6.8%9.3K-295.0K-9410.0065.31N/AN/A701,20833
2021-05-11$5.01$2.5082.3%12.8%34.3%39.6%44.6%0.0%1.3%8.8K-234.2K-9280.0060.11N/AN/A1301,21533
2021-05-12$4.92$2.5043.1%12.4%34.1%19.4%43.1%0.0%1.6%9.1K-213.4K-9380.2062.43N/AN/A99201,22733
2021-05-13$5.07$5.0047.4%13.6%36.6%21.6%0.0%0.0%-3.1%9.8K-261.0K-1.0K0.8650.41N/AN/A761,31053
2021-05-14$5.17$5.0042.8%12.3%37.5%19.2%42.7%0.0%1.4%10.5K-287.8K-1.0K0.0065.59N/AN/A4801,30756
2021-05-17$5.10$5.0043.6%12.5%37.5%19.6%43.6%0.0%-0.8%10.5K-267.4K-1.0K1.9264.35N/AN/A12231,30956
2021-05-18$5.07$5.0042.5%12.2%37.5%19.1%42.5%0.0%2.1%9.9K-258.3K-1.0K0.0663.39N/AN/A1811,30379
2021-05-19$5.02$5.0043.6%12.5%37.5%19.6%0.0%0.0%-0.2%10.0K-238.1K-9880.0052.76N/AN/A5801,30380
2021-05-20$5.05$5.0044.0%12.6%37.7%19.8%0.0%0.0%8.0%10.5K-255.1K-1.0K0.0472.04N/AN/A2311,34280
2021-05-21$5.09$5.0039.6%11.4%38.0%17.6%0.0%0.0%3.6%9.7K-311.9K-1.1K0.0339.36N/AN/A3811,36481
2021-05-24$5.17$5.0045.5%13.0%38.6%20.6%45.4%0.0%11.2%9.6K-315.5K-1.1K0.4343.97N/AN/A30131,37365
2021-05-25$5.07$5.0040.0%11.5%38.9%17.8%40.8%0.0%15.6%11.3K-276.3K-1.0K0.0034.57N/AN/A2401,37074
2021-05-26$5.14$5.0042.2%12.1%39.2%18.9%42.2%0.0%-4.7%10.7K-292.1K-1.1K0.0053.31N/AN/A401,35874
2021-05-27$5.27$5.0042.6%12.2%40.3%19.1%42.8%0.0%0.0%11.5K-323.8K-1.0K0.0041.16N/AN/A3101,35474
2021-05-28$5.15$5.0044.3%12.7%40.7%20.0%0.0%0.0%0.1%10.6K-283.8K-1.0K0.0042.47N/AN/A001,35674