FSP Options History — March 2023

In March 2023, FSP traded between $1.54 and $2.42. ATM implied volatility averaged 131.7%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 83.5% (HV 20d: 48.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 1.35.

Notable Days

  • 2023-03-17: Highest Volume — 2,005 contracts
  • 2023-03-17: Largest IV spike — 98.5% change
  • 2023-03-14: Highest IV Rank — 75.8%
  • 2023-03-24: Largest Expected Move — 56.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.89$1.54$2.42$2.38$1.54
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV131.7%56.4%368.8%73.0%142.5%
Expected Move29.3%11.4%56.1%20.9%40.9%
HV 20d48.2%33.0%68.8%33.1%67.4%
HV 60d42.7%34.3%51.8%35.0%51.4%
IV Rank22.9%6.2%75.8%9.9%25.4%
IV Percentile74.8%27.4%99.6%56.0%88.5%
Term Structure-7.7%-107.0%76.9%2.7%-2.5%
VWIV93.1%41.2%169.7%57.5%104.2%
Bid-Ask Spread %79.3537.40104.8289.0968.93
Gamma HHI0.980.831.001.000.99
Net GEX2.5K-4686.9K6.9K2.6K
Net DEX-57.0K-218.3K84.0K-84.4K-77.0K
Net VEX-671-1.4K-92-387-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.0019.500.000.50
Total Volume141.56502,00509
Total OI4,521.4782,8485,9725,3433,252

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$2.38$2.5073.0%20.9%33.1%9.9%0.0%0.0%2.7%6.9K-84.4K-3870.0089.09N/AN/A004,967376
2023-03-02$2.38$2.5088.5%25.4%33.4%13.3%0.0%0.0%-2.9%6.0K-94.6K-3950.0088.30N/AN/A204,967376
2023-03-03$2.42$2.5084.7%24.3%33.0%12.5%0.0%0.0%-18.3%6.6K-106.1K-3880.0096.92N/AN/A004,965376
2023-03-06$2.25$0.00102.8%26.1%39.3%16.5%0.0%0.0%-14.7%5.1K-41.4K-3000.0067.71N/AN/A084,965376
2023-03-07$2.17$0.00104.7%20.5%39.9%16.9%57.5%0.0%-12.1%4.3K-12.2K-2450.0086.06N/AN/A01034,965382
2023-03-08$2.09$2.50126.8%25.9%40.0%21.9%0.0%0.0%-28.3%-46879.4K-920.1295.09N/AN/A5064,965481
2023-03-09$2.08$2.50145.2%11.4%40.3%26.0%41.2%0.0%-2.3%-34484.0K-1000.0059.37N/AN/A1905,015480
2023-03-10$2.01$2.50140.8%25.9%40.7%25.0%0.0%0.0%-26.7%-28579.5K-1070.0071.11N/AN/A4005,034480
2023-03-13$1.85$2.50278.8%29.2%39.0%55.7%0.0%0.0%-91.2%-8272.6K-1200.0185.43N/AN/A37045,104486
2023-03-14$1.88$2.50368.8%29.8%41.7%75.8%0.0%0.0%-107.0%55954.5K-2810.0991.30N/AN/A2225,474486
2023-03-15$1.88$2.50105.3%30.2%42.5%17.1%0.0%0.0%-75.8%43850.5K-29819.5086.78N/AN/A101955,486486
2023-03-16$1.88$2.5062.7%18.0%42.9%7.6%0.0%0.0%0.0%53235.9K-2860.0070.87N/AN/A1005,496386
2023-03-17$1.79$2.50124.5%35.7%43.6%21.4%169.7%0.0%-30.2%2066.5K-2970.0082.43N/AN/A2,00055,506406
2023-03-20$1.75$2.5056.4%16.2%43.4%6.2%0.0%0.0%-3.7%3.1K-99.0K-1.1K0.0060.46N/AN/A25302,553295
2023-03-21$1.83$2.5090.1%25.8%49.3%13.7%0.0%0.0%-18.8%3.8K-123.0K-1.3K0.0070.81N/AN/A002,806275
2023-03-22$1.73$2.5095.2%27.3%50.8%14.8%0.0%0.0%39.1%3.3K-181.5K-1.4K0.0076.15N/AN/A102,808285
2023-03-23$1.56$2.50184.5%52.9%58.1%34.7%0.0%0.0%41.5%2.5K-162.6K-1.2K0.0083.10N/AN/A11902,809285
2023-03-24$1.60$2.50195.7%56.1%60.5%37.2%0.0%0.0%40.2%2.4K-164.3K-1.3K0.0088.91N/AN/A002,928285
2023-03-27$1.67$2.50108.9%31.2%64.4%17.9%0.0%0.0%37.1%2.4K-218.3K-1.3K0.00104.82N/AN/A002,940285
2023-03-28$1.54$2.50111.1%31.9%67.7%18.4%104.2%0.0%56.4%2.7K-181.7K-1.3K0.0076.85N/AN/A102,940285
2023-03-29$1.54$2.5080.5%23.1%68.1%11.6%0.0%0.0%-27.9%2.6K-123.0K-1.1K0.0087.04N/AN/A2702,940285
2023-03-30$1.56$2.50156.5%44.9%68.8%28.5%0.0%0.0%76.9%2.9K-103.5K-1.1K0.0037.40N/AN/A002,967285
2023-03-31$1.54$2.50142.5%40.9%67.4%25.4%0.0%0.0%-2.5%2.6K-77.0K-1.0K0.5068.93N/AN/A632,967285