FSP Options History — July 2021

In July 2021, FSP traded between $4.87 and $5.42. ATM implied volatility averaged 55.1%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 18.1% (HV 20d: 37.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.71.

Notable Days

  • 2021-07-29: Highest Volume — 271 contracts
  • 2021-07-13: Largest IV drop — 51.9% change
  • 2021-07-09: Highest IV Rank — 53.6%
  • 2021-07-01: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.17$4.87$5.42$5.42$5.19
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV55.1%33.4%118.6%66.3%33.4%
Expected Move12.7%9.6%19.0%19.0%9.6%
HV 20d37.0%31.3%40.1%34.7%39.4%
HV 60d35.7%32.8%38.7%33.4%36.7%
IV Rank18.3%4.8%53.6%31.3%4.8%
IV Percentile32.2%1.6%91.3%57.9%1.6%
Term Structure-0.8%-38.9%20.5%-38.9%9.0%
VWIV44.1%35.7%62.2%35.7%37.8%
Bid-Ask Spread %86.6139.56118.33103.1544.93
Gamma HHI0.820.730.900.900.90
Net GEX9.2K7.7K12.9K12.9K10.5K
Net DEX-278.0K-329.9K-205.5K-327.5K-287.9K
Net VEX-927-1.0K-744-744-995
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.710.0011.900.1511.90
Total Volume28.714027100
Total OI1,257.9521,1821,3611,1821,361

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$5.42$5.0066.3%19.0%34.7%31.3%0.0%0.0%-38.9%12.9K-327.5K-7440.00103.15N/AN/A001,16715
2021-07-02$5.34$5.0060.5%17.3%34.9%28.3%0.0%0.0%-33.2%10.7K-309.5K-8100.00110.80N/AN/A001,16715
2021-07-06$5.28$0.0068.8%10.6%32.3%32.6%35.7%0.0%-2.8%8.4K-293.0K-8960.0089.01N/AN/A0101,16715
2021-07-07$5.24$5.0057.3%13.2%31.3%18.5%0.0%0.0%-5.2%8.2K-280.1K-8760.00102.37N/AN/A001,16725
2021-07-08$5.08$5.0079.8%17.0%32.7%31.4%62.2%0.0%-7.9%8.6K-237.7K-9000.15118.33N/AN/A71111,16725
2021-07-09$5.28$5.00118.6%12.2%36.2%53.6%0.0%0.0%4.6%8.3K-300.8K-9820.0087.35N/AN/A001,23536
2021-07-12$5.37$5.00112.1%10.7%36.8%49.9%0.0%0.0%20.5%8.4K-329.9K-9690.0093.46N/AN/A1601,23536
2021-07-13$5.29$5.0053.9%11.5%37.1%16.5%0.0%0.0%17.8%8.1K-312.2K-9780.0076.04N/AN/A2601,22836
2021-07-14$5.22$5.0042.5%12.2%37.0%10.0%41.8%0.0%10.1%8.6K-282.6K-9220.1796.30N/AN/A1221,21636
2021-07-15$5.13$5.0050.7%14.5%37.3%14.7%0.0%0.0%3.7%7.7K-257.7K-9630.00105.99N/AN/A201,18637
2021-07-16$5.09$5.0042.9%12.3%36.7%10.2%42.4%0.0%-10.2%7.7K-254.0K-9600.0087.97N/AN/A011,18737
2021-07-19$4.87$5.0043.9%12.6%37.5%10.8%0.0%0.0%-0.2%7.9K-205.5K-8660.0099.58N/AN/A1101,18637
2021-07-20$5.13$5.0048.7%14.0%39.5%13.6%48.7%0.0%2.3%7.9K-281.8K-9150.0094.98N/AN/A1001,19737
2021-07-21$5.08$5.0037.0%10.6%39.3%6.9%0.0%0.0%1.2%9.2K-256.3K-9000.00101.66N/AN/A001,20737
2021-07-22$4.93$5.0040.0%11.5%40.1%8.6%40.0%0.0%1.4%9.2K-215.0K-8580.0188.49N/AN/A9111,20737
2021-07-23$4.97$5.0037.9%10.9%36.3%7.4%37.8%0.0%5.4%9.5K-243.7K-9860.3089.15N/AN/A1031,29738
2021-07-26$5.17$5.0043.0%12.3%39.6%10.3%0.0%0.0%-2.6%10.4K-301.5K-9970.0067.15N/AN/A1001,29738
2021-07-27$5.12$5.0041.3%11.8%39.5%9.3%0.0%0.0%0.5%10.1K-283.5K-9708.0051.93N/AN/A5401,28738
2021-07-28$5.13$5.0038.2%11.0%39.2%7.5%0.0%0.0%3.9%10.1K-280.1K-9630.0070.70N/AN/A001,28238
2021-07-29$5.24$5.0040.5%11.6%40.0%8.8%0.0%0.0%2.9%10.1K-297.4K-1.0K11.9039.56N/AN/A212501,28378
2021-07-30$5.19$5.0033.4%9.6%39.4%4.8%0.0%0.0%9.0%10.5K-287.9K-9950.0044.93N/AN/A001,28378