FSP Options History — March 2025

In March 2025, FSP traded between $1.73 and $1.88. ATM implied volatility averaged 99.6%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 66.6% (HV 20d: 33.0%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.84.

Notable Days

2025-03-14: Highest Volume — 960 contracts
2025-03-26: Largest IV spike — 117.3% change
2025-03-13: Highest IV Rank — 29.1%
2025-03-14: Largest Expected Move — 38.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.81	$1.73	$1.88	$1.85	$1.81
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	99.6%	65.5%	148.2%	76.7%	94.5%
Expected Move	25.7%	12.9%	38.5%	22.0%	28.2%
HV 20d	33.0%	23.4%	37.1%	36.2%	32.7%
HV 60d	34.4%	31.0%	38.5%	38.5%	31.6%
IV Rank	15.8%	6.4%	29.1%	9.5%	14.4%
IV Percentile	49.9%	11.1%	85.7%	25.4%	48.0%
Term Structure	-31.7%	-175.4%	104.4%	58.8%	44.0%
VWIV	97.3%	50.5%	145.7%	97.6%	50.5%
Bid-Ask Spread %	90.29	59.34	109.14	85.79	88.32
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	287	-33	1.0K	-33	1.0K
Net DEX	49.9K	18.9K	73.0K	64.2K	22.0K
Net VEX	-170	-302	-22	-27	-297
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.00	15.00	0.00	0.00
Total Volume	201.857	0	960	38	510
Total OI	1,225.81	571	2,198	581	2,198

Daily Data (21 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
2025-03-03	$1.85	$2.50	76.7%	22.0%	36.2%	9.5%	0.0%	0.0%	58.8%	-33	64.2K	-27	0.00	85.79	N/A	N/A	38	0	215	366
2025-03-04	$1.81	$2.50	74.6%	21.4%	36.2%	9.0%	0.0%	0.0%	69.2%	-25	62.1K	-31	0.00	86.40	N/A	N/A	21	0	205	366
2025-03-05	$1.79	$2.50	96.3%	27.6%	36.4%	14.9%	97.6%	0.0%	-68.8%	-14	63.1K	-22	0.00	86.09	N/A	N/A	430	0	205	366
2025-03-06	$1.75	$2.50	82.8%	23.7%	36.4%	11.2%	0.0%	0.0%	-28.5%	273	49.1K	-121	0.00	83.63	N/A	N/A	106	0	544	366
2025-03-07	$1.79	$2.50	91.1%	26.1%	37.1%	13.5%	0.0%	0.0%	-28.0%	416	43.8K	-171	0.00	86.09	N/A	N/A	15	0	650	366
2025-03-10	$1.79	$2.50	102.5%	29.4%	36.9%	16.6%	0.0%	0.0%	-107.7%	477	54.6K	-123	0.00	86.09	N/A	N/A	49	0	660	366
2025-03-11	$1.77	$2.50	109.2%	30.0%	36.1%	18.4%	0.0%	0.0%	-99.9%	483	55.1K	-109	0.00	86.09	N/A	N/A	40	0	704	366
2025-03-12	$1.79	$2.50	116.9%	28.1%	36.3%	20.5%	95.3%	0.0%	-111.5%	449	57.9K	-99	0.00	84.81	N/A	N/A	0	200	744	366
2025-03-13	$1.77	$2.50	148.2%	33.5%	25.3%	29.1%	0.0%	0.0%	-175.4%	366	51.4K	-148	0.00	85.46	N/A	N/A	18	0	744	366
2025-03-14	$1.73	$2.50	75.8%	38.5%	23.4%	9.3%	145.7%	0.0%	-35.7%	336	50.4K	-145	0.19	84.83	N/A	N/A	810	150	762	366
2025-03-17	$1.83	$2.50	114.2%	16.0%	32.3%	19.8%	0.0%	0.0%	-86.3%	285	61.8K	-193	0.00	107.23	N/A	N/A	30	0	1,343	440
2025-03-18	$1.81	$2.50	115.4%	12.9%	32.4%	20.1%	0.0%	0.0%	-111.2%	298	62.3K	-178	15.00	88.68	N/A	N/A	10	150	1,373	440
2025-03-19	$1.83	$2.50	105.9%	14.2%	32.1%	17.5%	0.0%	0.0%	-80.4%	107	53.9K	-297	0.00	108.36	N/A	N/A	0	0	1,383	515
2025-03-20	$1.83	$0.00	120.1%	30.6%	31.9%	21.4%	0.0%	0.0%	5.9%	182	70.6K	-224	0.00	104.01	N/A	N/A	130	0	1,383	515
2025-03-21	$1.85	$0.00	129.1%	24.4%	30.9%	23.9%	0.0%	0.0%	-53.5%	173	73.0K	-213	0.00	106.18	N/A	N/A	2	0	1,513	515
2025-03-24	$1.88	$0.00	68.7%	25.3%	30.9%	7.3%	0.0%	0.0%	48.6%	183	37.4K	-193	0.00	109.14	N/A	N/A	163	0	559	301
2025-03-25	$1.83	$0.00	65.5%	32.1%	31.9%	6.4%	0.0%	0.0%	104.4%	165	34.5K	-208	0.00	90.01	N/A	N/A	12	0	582	301
2025-03-26	$1.83	$0.00	142.4%	33.8%	31.9%	27.5%	0.0%	0.0%	-19.4%	171	37.8K	-182	0.00	89.72	N/A	N/A	0	0	594	301
2025-03-27	$1.87	$0.00	72.4%	15.2%	32.9%	8.3%	50.5%	0.0%	-27.8%	175	24.3K	-277	0.00	59.34	N/A	N/A	665	0	594	301
2025-03-28	$1.83	$2.50	88.6%	26.1%	32.9%	12.8%	0.0%	0.0%	37.3%	530	18.9K	-302	0.00	89.76	N/A	N/A	690	0	1,197	301
2025-03-31	$1.81	$2.50	94.5%	28.2%	32.7%	14.4%	0.0%	0.0%	44.0%	1.0K	22.0K	-297	0.00	88.32	N/A	N/A	510	0	1,897	301