FSP Options History — January 2023

In January 2023, FSP traded between $2.73 and $3.12. ATM implied volatility averaged 82.7%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 21.4%. IV traded above realized volatility by 48.5% (HV 20d: 34.2%). 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 5 of 20 days. Put/call ratio averaged 0.28.

Notable Days

  • 2023-01-26: Highest Volume — 98 contracts
  • 2023-01-12: Largest IV spike — 238.2% change
  • 2023-01-31: Highest IV Rank — 27.2%
  • 2023-01-31: Largest Expected Move — 43.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.92$2.73$3.12$2.75$3.08
Max Pain$3.50$2.50$5.00$2.50$2.50
ATM IV82.7%38.8%151.4%80.1%151.4%
Expected Move21.4%11.1%43.4%23.0%43.4%
HV 20d34.2%25.0%39.7%27.2%38.7%
HV 60d42.8%41.4%44.1%43.0%42.0%
IV Rank12.0%2.4%27.2%11.6%27.2%
IV Percentile49.3%6.7%92.1%62.3%92.1%
Term Structure-24.1%-105.0%8.1%-46.6%-92.1%
VWIV117.1%88.2%133.8%112.3%133.8%
Bid-Ask Spread %90.8832.35130.1844.96114.76
Gamma HHI0.810.500.990.780.83
Net GEX7.1K4.2K9.2K7.8K5.3K
Net DEX-472.7K-558.7K-371.8K-378.2K-552.5K
Net VEX-774-1.2K-258-1.1K-422
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.430.000.00
Total Volume13.809804
Total OI5,939.95,8906,0275,8926,027

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$2.75$2.5080.1%23.0%27.2%11.6%0.0%0.0%-46.6%7.8K-378.2K-1.1K0.0044.96N/AN/A005,574318
2023-01-04$2.81$2.50110.1%31.6%25.0%18.3%0.0%0.0%-33.2%8.1K-383.2K-1.2K0.0084.57N/AN/A005,574318
2023-01-05$2.73$5.00135.8%24.1%26.9%24.0%0.0%0.0%-27.6%7.8K-376.9K-1.1K0.00109.21N/AN/A005,574318
2023-01-06$2.77$5.00132.4%22.0%27.0%23.2%0.0%0.0%-11.8%8.0K-392.9K-1.2K0.00117.38N/AN/A005,574318
2023-01-09$2.79$5.0043.4%12.1%26.5%3.4%0.0%0.0%8.1%8.2K-371.8K-1.0K0.0063.22N/AN/A0105,574318
2023-01-10$2.79$5.0092.8%12.3%26.5%14.4%0.0%0.0%7.6%8.2K-372.6K-9960.0059.83N/AN/A005,574318
2023-01-11$2.95$5.0038.8%11.1%33.6%2.4%0.0%0.0%-10.3%6.0K-520.4K-4480.0061.36N/AN/A005,574318
2023-01-12$3.12$5.00131.1%37.6%39.1%22.9%0.0%0.0%-74.2%9.2K-551.1K-1.2K0.00123.20N/AN/A0805,574318
2023-01-13$3.09$5.00101.4%29.1%39.3%16.3%0.0%0.0%-23.4%8.4K-530.9K-1.1K0.00130.18N/AN/A0205,574398
2023-01-17$3.01$5.0043.9%12.6%39.2%3.2%0.0%0.0%-5.3%6.1K-522.2K-5030.0067.95N/AN/A005,574418
2023-01-18$2.96$2.5047.5%13.6%39.7%4.1%0.0%0.0%-15.2%5.6K-530.6K-4290.0064.95N/AN/A0205,575418
2023-01-19$2.96$2.5062.2%17.8%36.1%7.3%0.0%0.0%2.0%8.0K-464.7K-9410.00116.41N/AN/A005,575438
2023-01-20$2.91$2.5046.8%13.4%36.6%3.9%0.0%0.0%-15.7%6.7K-507.2K-4530.0066.11N/AN/A005,575438
2023-01-23$2.91$2.5044.2%12.7%36.6%3.3%0.0%0.0%-7.0%6.7K-507.6K-4550.00101.45N/AN/A105,572318
2023-01-24$2.90$2.5096.5%27.7%35.6%15.0%112.3%0.0%-28.4%7.5K-453.0K-6910.25106.85N/AN/A415,573318
2023-01-25$2.98$2.5046.8%13.4%36.7%3.9%88.2%0.0%5.7%7.8K-474.0K-8461.4332.35N/AN/A14205,577319
2023-01-26$2.92$2.5045.4%13.0%37.6%3.6%126.8%0.0%-11.8%6.5K-506.9K-4860.00118.35N/AN/A9805,587338
2023-01-27$3.01$2.5057.8%16.6%38.2%6.4%124.4%0.0%1.7%7.0K-498.3K-6860.00124.15N/AN/A405,685338
2023-01-30$3.00$2.50145.8%41.8%38.2%26.0%0.0%0.0%-105.0%4.2K-558.7K-2580.00110.40N/AN/A005,689338
2023-01-31$3.08$2.50151.4%43.4%38.7%27.2%133.8%0.0%-92.1%5.3K-552.5K-4220.00114.76N/AN/A405,689338