FSP Options History — March 2022

In March 2022, FSP traded between $5.64 and $5.98. ATM implied volatility averaged 74.2%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 18.7%. IV traded above realized volatility by 54.0% (HV 20d: 20.2%). Max pain ranged from $4.68 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.27.

Notable Days

2022-03-03: Highest Volume — 208 contracts
2022-03-07: Largest IV spike — 67.3% change
2022-03-31: Highest IV Rank — 71.4%
2022-03-09: Largest Expected Move — 33.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.79	$5.64	$5.98	$5.75	$5.90
Max Pain	$4.83	$4.68	$5.00	$4.68	$5.00
ATM IV	74.2%	41.6%	112.1%	56.5%	112.1%
Expected Move	18.7%	10.5%	33.1%	16.2%	16.8%
HV 20d	20.2%	16.9%	22.8%	21.7%	21.9%
HV 60d	27.4%	23.8%	32.3%	32.3%	24.5%
IV Rank	40.3%	13.6%	71.4%	25.8%	71.4%
IV Percentile	82.9%	34.9%	97.6%	68.7%	97.6%
Term Structure	-26.2%	-77.0%	30.4%	3.2%	-68.3%
VWIV	70.8%	29.5%	221.4%	63.4%	62.0%
Skew 25d	7.9%	-0.1%	15.3%	13.9%	4.7%
Skew 10d	23.0%	-4.0%	46.9%	40.6%	17.5%
Call IV 25d	40.9%	27.6%	52.3%	40.3%	34.2%
Put IV 25d	48.8%	37.3%	62.9%	54.2%	38.9%
Bid-Ask Spread %	85.33	19.16	165.94	62.82	72.87
Gamma HHI	0.45	0.37	0.65	0.47	0.37
Net GEX	1.8K	408	2.8K	2.0K	1.6K
Net DEX	-169.3K	-235.6K	-96.0K	-225.3K	-98.4K
Net VEX	-304	-385	-142	-302	-295
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.27	0.06	0.68	0.18	0.18
Total Volume	86.13	37	208	71	127
Total OI	533.435	353	672	672	369

Daily Data (23 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
2022-03-01	$5.75	$4.68	56.5%	16.2%	21.7%	25.8%	63.4%	13.9%	3.2%	2.0K	-225.3K	-302	0.18	62.82	N/A	N/A	60	11	571	101
2022-03-02	$5.87	$4.68	55.7%	16.0%	22.7%	25.1%	61.1%	12.3%	-42.5%	1.6K	-235.6K	-278	0.06	57.95	N/A	N/A	188	11	571	101
2022-03-03	$5.81	$4.68	72.2%	20.7%	22.8%	38.7%	84.3%	-0.1%	-0.0%	2.4K	-224.1K	-369	0.06	29.86	N/A	N/A	197	11	569	101
2022-03-04	$5.78	$4.68	60.3%	17.3%	22.7%	29.0%	63.7%	14.2%	30.4%	2.0K	-219.5K	-374	0.06	56.55	N/A	N/A	191	11	560	101
2022-03-07	$5.80	$4.68	101.0%	28.9%	22.5%	62.3%	112.0%	9.7%	-29.5%	2.4K	-212.9K	-385	0.10	86.04	N/A	N/A	105	11	561	101
2022-03-08	$5.81	$4.68	70.9%	21.5%	22.4%	37.6%	76.4%	10.0%	-25.6%	2.1K	-224.0K	-360	0.10	42.71	N/A	N/A	115	11	561	101
2022-03-09	$5.81	$4.68	71.5%	33.1%	22.2%	38.1%	110.6%	1.2%	-16.6%	2.8K	-214.2K	-375	0.18	58.71	N/A	N/A	61	11	558	101
2022-03-10	$5.77	$4.68	69.1%	23.2%	21.6%	36.2%	86.6%	6.0%	-29.1%	2.2K	-217.9K	-331	0.18	19.16	N/A	N/A	61	11	557	101
2022-03-11	$5.73	$4.68	72.8%	31.7%	20.7%	39.2%	221.4%	11.6%	-24.0%	1.6K	-202.5K	-339	0.18	35.58	N/A	N/A	61	11	519	101
2022-03-14	$5.64	$4.68	71.2%	18.0%	19.6%	37.9%	55.9%	12.4%	-10.7%	1.4K	-196.1K	-348	0.18	96.94	N/A	N/A	61	11	519	101
2022-03-15	$5.70	$4.68	82.4%	12.9%	19.9%	47.0%	43.6%	4.5%	-61.8%	1.4K	-197.3K	-300	0.18	105.37	N/A	N/A	61	11	519	101
2022-03-16	$5.65	$4.68	89.8%	15.0%	17.1%	53.1%	49.5%	7.1%	-69.2%	1.4K	-193.7K	-322	0.18	134.65	N/A	N/A	61	11	519	101
2022-03-17	$5.76	$0.00	62.9%	16.9%	18.1%	31.1%	46.4%	0.3%	-20.4%	1.8K	-200.3K	-289	0.31	133.18	N/A	N/A	65	20	519	101
2022-03-18	$5.77	$5.00	81.0%	16.5%	17.9%	45.9%	29.5%	-0.1%	-7.9%	1.7K	-206.6K	-261	0.31	165.94	N/A	N/A	65	20	524	110
2022-03-21	$5.77	$5.00	95.6%	14.6%	17.8%	57.9%	68.0%	9.7%	-74.5%	1.7K	-97.8K	-234	0.42	123.74	N/A	N/A	26	11	312	42
2022-03-22	$5.82	$5.00	41.6%	21.8%	17.9%	13.6%	75.8%	4.1%	25.7%	1.5K	-96.0K	-315	0.42	116.25	N/A	N/A	26	11	313	42
2022-03-23	$5.74	$5.00	66.6%	16.0%	18.0%	34.1%	54.9%	15.3%	4.0%	1.7K	-104.4K	-280	0.39	100.39	N/A	N/A	28	11	313	42
2022-03-24	$5.79	$5.00	62.0%	14.9%	18.2%	30.3%	51.7%	11.0%	-15.0%	408	-110.8K	-142	0.39	106.95	N/A	N/A	28	11	311	42
2022-03-25	$5.88	$5.00	83.4%	20.8%	16.9%	47.9%	72.8%	12.7%	-16.5%	1.7K	-106.5K	-268	0.37	108.10	N/A	N/A	30	11	311	42
2022-03-28	$5.77	$5.00	74.7%	10.5%	18.2%	40.7%	44.6%	3.7%	-77.0%	1.7K	-100.9K	-247	0.37	76.24	N/A	N/A	30	11	314	42
2022-03-29	$5.98	$5.00	84.0%	12.5%	21.9%	48.4%	47.6%	13.8%	-31.9%	1.6K	-108.1K	-298	0.63	95.58	N/A	N/A	30	19	314	42
2022-03-30	$5.86	$5.00	68.5%	15.0%	22.1%	35.7%	46.0%	4.4%	-45.7%	1.5K	-100.7K	-282	0.68	76.93	N/A	N/A	28	19	314	54
2022-03-31	$5.90	$5.00	112.1%	16.8%	21.9%	71.4%	62.0%	4.7%	-68.3%	1.6K	-98.4K	-295	0.18	72.87	N/A	N/A	108	19	315	54