FSP Options History — January 2022

In January 2022, FSP traded between $5.45 and $6.22. ATM implied volatility averaged 68.3%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 34.9% (HV 20d: 33.4%). Max pain ranged from $2.18 to $2.18. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.22.

Notable Days

2022-01-19: Highest Volume — 39 contracts
2022-01-25: Largest IV spike — 87.7% change
2022-01-11: Highest IV Rank — 89.3%
2022-01-05: Largest Expected Move — 26.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.93	$5.45	$6.22	$6.00	$5.52
Max Pain	$2.18	$2.18	$2.18	$2.18	$2.18
ATM IV	68.3%	28.0%	146.9%	83.0%	61.4%
Expected Move	16.5%	8.0%	26.3%	23.8%	17.6%
HV 20d	33.4%	30.2%	41.8%	41.8%	30.2%
HV 60d	50.5%	49.9%	51.2%	50.3%	50.7%
IV Rank	33.4%	2.4%	89.3%	42.5%	29.8%
IV Percentile	67.1%	1.2%	99.6%	88.9%	74.2%
Term Structure	-10.7%	-80.7%	33.2%	-23.5%	-15.9%
VWIV	89.7%	65.7%	108.3%	107.7%	65.7%
Skew 25d	17.0%	-5.1%	74.3%	74.3%	10.8%
Skew 10d	17.1%	-1.2%	73.0%	73.0%	0.4%
Call IV 25d	43.8%	33.0%	52.9%	33.0%	50.3%
Put IV 25d	60.7%	44.4%	107.3%	107.3%	61.1%
Bid-Ask Spread %	109.97	83.19	128.06	121.14	83.19
Gamma HHI	0.83	0.50	0.97	0.97	0.94
Net GEX	1.8K	170	3.1K	3.1K	2.1K
Net DEX	-250.5K	-322.8K	-145.1K	-305.6K	-145.1K
Net VEX	-193	-345	-86	-214	-345
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.00	0.52	0.00	0.48
Total Volume	27.1	17	39	17	34
Total OI	647.1	572	721	721	574

Daily Data (20 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
2022-01-03	$6.00	$2.18	83.0%	23.8%	41.8%	42.5%	107.7%	0.0%	-23.5%	3.1K	-305.6K	-214	0.00	121.14	N/A	N/A	17	0	612	109
2022-01-04	$6.18	$2.18	62.5%	17.9%	37.5%	27.5%	98.6%	0.0%	-40.6%	2.8K	-322.8K	-158	0.00	111.76	N/A	N/A	20	0	610	109
2022-01-05	$6.12	$2.18	91.9%	26.3%	37.6%	49.0%	108.3%	0.0%	-69.4%	2.6K	-321.7K	-123	0.00	128.06	N/A	N/A	20	0	610	109
2022-01-06	$6.13	$0.00	76.2%	12.8%	36.0%	37.5%	0.0%	0.0%	-22.7%	2.6K	-320.7K	-161	0.00	111.31	N/A	N/A	20	0	610	109
2022-01-07	$6.13	$0.00	90.1%	11.3%	35.8%	47.7%	0.0%	0.0%	33.2%	2.9K	-317.0K	-186	0.00	118.58	N/A	N/A	20	0	610	109
2022-01-10	$6.07	$0.00	116.3%	13.4%	35.1%	66.9%	0.0%	0.0%	21.5%	1.8K	-321.0K	-92	0.00	126.25	N/A	N/A	20	0	610	109
2022-01-11	$6.03	$0.00	146.9%	23.1%	31.2%	89.3%	0.0%	0.0%	-80.7%	170	-318.7K	-92	0.00	120.02	N/A	N/A	18	0	610	109
2022-01-12	$5.98	$0.00	28.0%	8.0%	30.5%	2.4%	0.0%	0.0%	-1.7%	211	-314.6K	-86	0.00	94.37	N/A	N/A	24	0	611	109
2022-01-13	$6.13	$0.00	42.6%	12.2%	31.3%	14.4%	0.0%	0.0%	16.2%	1.1K	-320.7K	-99	0.00	107.37	N/A	N/A	19	0	606	109
2022-01-14	$6.22	$0.00	39.2%	11.2%	31.7%	11.6%	0.0%	0.0%	1.9%	217	-256.7K	-102	0.00	98.05	N/A	N/A	19	0	496	109
2022-01-18	$6.19	$0.00	37.5%	10.7%	31.8%	10.2%	0.0%	0.0%	7.5%	535	-250.5K	-110	0.03	120.27	N/A	N/A	35	1	486	109
2022-01-19	$6.03	$0.00	49.1%	14.1%	33.0%	19.7%	0.0%	0.0%	7.4%	2.2K	-231.3K	-186	0.39	121.45	N/A	N/A	28	11	487	109
2022-01-20	$5.84	$0.00	80.8%	23.2%	31.3%	45.7%	0.0%	0.0%	-28.5%	2.2K	-195.0K	-324	0.39	122.66	N/A	N/A	28	11	487	119
2022-01-21	$5.77	$0.00	45.3%	13.0%	31.2%	16.6%	0.0%	74.3%	23.7%	2.2K	-184.7K	-340	0.50	103.34	N/A	N/A	22	11	487	119
2022-01-24	$5.73	$0.00	43.0%	12.3%	31.1%	14.7%	0.0%	1.9%	30.2%	2.5K	-178.7K	-295	0.52	94.42	N/A	N/A	21	11	466	119
2022-01-25	$5.85	$0.00	80.7%	23.1%	31.6%	45.6%	105.8%	11.8%	-52.3%	2.4K	-194.1K	-226	0.50	104.86	N/A	N/A	22	11	466	119
2022-01-26	$5.62	$0.00	72.6%	20.8%	34.1%	39.0%	94.5%	-5.1%	-31.0%	2.6K	-167.4K	-319	0.50	113.07	N/A	N/A	22	11	463	109
2022-01-27	$5.45	$0.00	60.3%	17.3%	35.1%	28.9%	70.8%	12.5%	-3.7%	295	-189.6K	-94	0.50	103.28	N/A	N/A	22	11	455	119
2022-01-28	$5.53	$0.00	59.5%	17.1%	30.2%	28.3%	66.0%	12.6%	14.4%	2.4K	-154.5K	-307	0.50	95.97	N/A	N/A	22	11	455	119
2022-01-31	$5.52	$0.00	61.4%	17.6%	30.2%	29.8%	65.7%	10.8%	-15.9%	2.1K	-145.1K	-345	0.48	83.19	N/A	N/A	23	11	455	119