FSP Options History — April 2022

In April 2022, FSP traded between $5.19 and $5.96. ATM implied volatility averaged 79.1%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 56.9% (HV 20d: 22.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.44.

Notable Days

2022-04-07: Highest Volume — 150 contracts
2022-04-13: Largest IV drop — 74.7% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-20: Largest Expected Move — 17.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.56	$5.19	$5.96	$5.96	$5.19
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	79.1%	48.4%	194.3%	104.5%	48.4%
Expected Move	14.0%	10.9%	17.7%	15.2%	13.9%
HV 20d	22.2%	15.5%	24.1%	22.0%	23.7%
HV 60d	23.2%	20.5%	25.0%	24.5%	23.2%
IV Rank	37.8%	13.8%	100.0%	65.2%	13.8%
IV Percentile	72.0%	50.0%	100.0%	96.8%	50.0%
Term Structure	-3.7%	-57.1%	20.8%	-57.1%	-7.6%
VWIV	51.9%	35.1%	62.3%	60.6%	48.4%
Skew 25d	17.4%	-0.7%	39.0%	8.7%	39.0%
Skew 10d	32.9%	10.6%	70.3%	23.1%	70.3%
Call IV 25d	30.1%	18.7%	42.6%	38.6%	30.4%
Put IV 25d	47.5%	39.1%	69.5%	47.4%	69.5%
Bid-Ask Spread %	80.59	51.96	105.69	90.41	66.66
Gamma HHI	0.51	0.39	0.71	0.43	0.59
Net GEX	2.1K	505	2.9K	2.0K	2.6K
Net DEX	-130.1K	-157.2K	-108.9K	-144.3K	-111.0K
Net VEX	-316	-396	-166	-385	-289
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.44	0.14	4.00	0.18	0.89
Total Volume	108.6	5	150	127	34
Total OI	493.1	454	529	454	529

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
2022-04-01	$5.96	$5.00	104.5%	15.2%	22.0%	65.2%	60.6%	8.7%	-57.1%	2.0K	-144.3K	-385	0.18	90.41	N/A	N/A	108	19	400	54
2022-04-04	$5.90	$5.00	63.6%	12.4%	22.4%	31.7%	56.2%	1.1%	12.0%	2.1K	-145.2K	-314	0.16	83.77	N/A	N/A	117	19	400	54
2022-04-05	$5.78	$5.00	98.7%	12.7%	23.6%	60.4%	35.1%	4.8%	-5.9%	2.3K	-133.5K	-319	0.15	98.25	N/A	N/A	117	18	410	55
2022-04-06	$5.70	$5.00	121.2%	11.8%	24.1%	78.8%	48.4%	7.0%	15.9%	1.9K	-128.9K	-371	0.15	89.77	N/A	N/A	117	18	410	55
2022-04-07	$5.67	$5.00	83.3%	12.0%	24.1%	47.8%	43.7%	-0.7%	-2.1%	2.3K	-131.0K	-315	0.14	99.39	N/A	N/A	132	18	410	55
2022-04-08	$5.65	$5.00	121.5%	13.2%	24.0%	79.1%	48.9%	16.1%	18.5%	1.8K	-126.6K	-357	0.14	105.69	N/A	N/A	132	18	435	55
2022-04-11	$5.61	$5.00	165.7%	10.9%	23.4%	100.0%	46.7%	30.8%	20.8%	2.3K	-129.4K	-359	0.14	87.01	N/A	N/A	131	18	435	55
2022-04-12	$5.62	$5.00	194.3%	11.7%	23.1%	100.0%	48.9%	18.0%	3.3%	2.4K	-137.5K	-341	0.16	87.70	N/A	N/A	111	18	447	55
2022-04-13	$5.60	$5.00	49.1%	14.1%	22.9%	14.2%	50.3%	19.8%	-1.2%	505	-157.2K	-180	0.16	71.63	N/A	N/A	112	18	446	55
2022-04-14	$5.57	$5.00	52.7%	15.1%	21.8%	16.4%	55.5%	13.4%	-1.8%	2.9K	-127.9K	-347	0.20	100.63	N/A	N/A	110	22	446	55
2022-04-18	$5.52	$5.00	52.5%	15.1%	21.9%	16.2%	52.3%	31.3%	-3.0%	2.2K	-135.2K	-396	0.17	73.09	N/A	N/A	109	18	443	55
2022-04-19	$5.58	$5.00	55.6%	15.9%	22.4%	18.1%	55.4%	18.6%	-13.1%	520	-153.7K	-166	0.17	79.91	N/A	N/A	109	18	443	55
2022-04-20	$5.54	$5.00	61.7%	17.7%	22.1%	21.6%	61.8%	15.8%	-22.7%	1.9K	-118.1K	-321	0.17	77.93	N/A	N/A	109	18	443	55
2022-04-21	$5.55	$5.00	49.3%	14.1%	21.7%	14.3%	58.5%	21.6%	7.0%	2.2K	-129.6K	-332	0.17	87.72	N/A	N/A	109	18	443	55
2022-04-22	$5.49	$5.00	55.9%	16.0%	21.6%	18.2%	62.3%	17.0%	2.2%	2.5K	-119.4K	-343	0.17	69.84	N/A	N/A	109	18	443	55
2022-04-25	$5.37	$5.00	51.5%	14.8%	21.5%	15.7%	51.8%	12.7%	-16.6%	2.2K	-121.3K	-286	0.35	52.39	N/A	N/A	31	11	443	55
2022-04-26	$5.29	$5.00	51.9%	14.9%	21.2%	15.9%	51.9%	18.4%	-10.9%	2.6K	-117.8K	-281	0.29	51.96	N/A	N/A	38	11	454	57
2022-04-27	$5.20	$5.00	51.2%	14.7%	15.5%	15.5%	0.0%	35.4%	-7.9%	2.7K	-108.9K	-304	4.00	62.45	N/A	N/A	1	4	464	57
2022-04-28	$5.39	$5.00	48.7%	14.0%	21.0%	14.0%	48.7%	19.5%	-3.4%	2.5K	-125.6K	-314	0.89	75.52	N/A	N/A	18	16	465	61
2022-04-29	$5.19	$5.00	48.4%	13.9%	23.7%	13.8%	48.4%	39.0%	-7.6%	2.6K	-111.0K	-289	0.89	66.66	N/A	N/A	18	16	465	64