FSP Options History — January 2025

In January 2025, FSP traded between $1.75 and $1.87. ATM implied volatility averaged 132.6%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 30.3%. IV traded above realized volatility by 95.9% (HV 20d: 36.7%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 1.45.

Notable Days

2025-01-31: Highest Volume — 333 contracts
2025-01-10: Largest IV spike — 126.9% change
2025-01-13: Highest IV Rank — 88.8%
2025-01-29: Largest Expected Move — 50.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.82	$1.75	$1.87	$1.84	$1.81
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	132.6%	71.4%	365.4%	92.5%	85.7%
Expected Move	30.3%	20.5%	50.2%	26.5%	24.6%
HV 20d	36.7%	25.8%	49.1%	48.8%	26.7%
HV 60d	43.8%	41.2%	44.6%	44.5%	41.2%
IV Rank	26.8%	10.6%	88.8%	16.2%	13.9%
IV Percentile	67.4%	27.4%	99.6%	60.3%	42.5%
Term Structure	-72.2%	-200.1%	103.0%	55.4%	-29.0%
VWIV	129.1%	83.1%	175.1%	175.1%	83.1%
Bid-Ask Spread %	104.55	87.67	135.74	88.03	91.18
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	-310	-376	-249	-313	-344
Net DEX	53.5K	39.2K	58.3K	54.4K	56.8K
Net VEX	-69	-137	-52	-74	-66
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.45	0.00	7.25	0.00	0.00
Total Volume	19.3	0	333	0	333
Total OI	472.45	467	497	468	497

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
2025-01-02	$1.84	$2.50	92.5%	26.5%	48.8%	16.2%	0.0%	0.0%	55.4%	-313	54.4K	-74	0.00	88.03	N/A	N/A	0	0	126	342
2025-01-03	$1.84	$2.50	95.8%	27.5%	48.2%	17.1%	0.0%	0.0%	103.0%	-376	39.2K	-137	0.00	90.01	N/A	N/A	0	0	126	342
2025-01-06	$1.81	$2.50	150.3%	28.2%	48.4%	31.6%	0.0%	0.0%	-84.3%	-318	51.5K	-79	0.00	107.80	N/A	N/A	0	0	126	342
2025-01-07	$1.85	$2.50	102.5%	28.8%	48.9%	18.9%	0.0%	0.0%	-91.9%	-327	54.4K	-71	0.00	107.23	N/A	N/A	0	0	126	342
2025-01-08	$1.81	$2.50	115.9%	28.8%	49.1%	22.5%	0.0%	0.0%	-95.6%	-297	53.3K	-69	0.00	107.80	N/A	N/A	0	0	126	342
2025-01-10	$1.77	$2.50	263.0%	30.9%	46.5%	61.6%	0.0%	0.0%	-100.9%	-272	52.2K	-67	0.00	109.55	N/A	N/A	0	0	126	342
2025-01-13	$1.75	$2.50	365.4%	35.4%	43.6%	88.8%	0.0%	0.0%	-106.9%	-249	51.9K	-61	0.00	135.74	N/A	N/A	0	0	126	342
2025-01-14	$1.81	$2.50	182.0%	31.0%	45.0%	40.0%	0.0%	0.0%	-104.3%	-296	53.0K	-69	0.00	106.39	N/A	N/A	0	0	126	342
2025-01-15	$1.83	$2.50	110.1%	31.6%	39.8%	20.9%	0.0%	0.0%	-104.6%	-296	54.7K	-65	0.00	107.06	N/A	N/A	18	0	126	342
2025-01-16	$1.87	$2.50	106.4%	30.5%	37.7%	19.9%	0.0%	0.0%	-103.6%	-352	54.1K	-75	0.00	107.60	N/A	N/A	1	0	144	342
2025-01-17	$1.87	$2.50	107.9%	30.9%	37.0%	20.3%	0.0%	0.0%	-105.4%	-352	54.0K	-75	0.00	114.59	N/A	N/A	0	0	144	342
2025-01-21	$1.83	$2.50	71.4%	20.5%	28.4%	10.6%	0.0%	0.0%	-18.8%	-296	54.7K	-58	0.00	106.27	N/A	N/A	0	0	126	341
2025-01-22	$1.81	$2.50	71.4%	20.5%	28.1%	10.6%	0.0%	0.0%	-20.0%	-265	55.4K	-52	0.00	100.13	N/A	N/A	0	0	126	341
2025-01-23	$1.83	$2.50	73.8%	21.2%	26.5%	11.3%	0.0%	0.0%	-20.2%	-295	54.8K	-56	0.00	87.67	N/A	N/A	0	0	126	341
2025-01-24	$1.83	$2.50	126.6%	36.3%	26.4%	25.3%	0.0%	0.0%	-122.8%	-308	54.5K	-63	0.00	107.21	N/A	N/A	0	0	126	341
2025-01-27	$1.83	$2.50	133.9%	38.4%	26.2%	27.2%	0.0%	0.0%	-131.5%	-306	54.7K	-60	0.00	107.21	N/A	N/A	1	0	126	341
2025-01-28	$1.83	$2.50	136.6%	39.2%	25.8%	28.0%	0.0%	0.0%	-134.8%	-305	54.5K	-61	0.00	107.23	N/A	N/A	0	0	127	341
2025-01-29	$1.79	$2.50	175.1%	50.2%	26.8%	38.2%	175.1%	0.0%	-200.1%	-278	53.4K	-53	7.25	106.07	N/A	N/A	4	29	127	341
2025-01-30	$1.83	$2.50	85.1%	24.4%	26.6%	13.7%	0.0%	0.0%	-27.0%	-347	58.3K	-67	0.00	96.30	N/A	N/A	0	0	131	366
2025-01-31	$1.81	$2.50	85.7%	24.6%	26.7%	13.9%	83.1%	0.0%	-29.0%	-344	56.8K	-66	0.00	91.18	N/A	N/A	333	0	131	366