CULP Options History — January 2018

In January 2018, CULP traded between $30.90 and $33.00. ATM implied volatility averaged 42.3%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 11.0% (HV 20d: 31.3%). Max pain ranged from $29.79 to $29.79. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.63.

Notable Days

2018-01-03: Highest Volume — 58 contracts
2018-01-08: Largest IV spike — 99.8% change
2018-01-25: Highest IV Rank — 39.5%
2018-01-02: Largest Expected Move — 17.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.82	$30.90	$33.00	$32.20	$31.85
Max Pain	$29.79	$29.79	$29.79	$29.79	$29.79
ATM IV	42.3%	26.4%	70.2%	59.9%	46.5%
Expected Move	11.1%	7.6%	17.2%	17.2%	13.3%
HV 20d	31.3%	28.3%	34.1%	30.2%	28.3%
HV 60d	31.1%	30.3%	31.9%	30.4%	30.9%
IV Rank	23.5%	10.4%	39.5%	21.5%	32.1%
IV Percentile	83.1%	39.4%	94.8%	86.5%	93.5%
Term Structure	-3.6%	-41.2%	11.5%	-40.2%	-12.5%
VWIV	46.1%	38.8%	53.4%	53.4%	38.8%
Skew 25d	9.1%	-1.9%	24.8%	24.8%	15.1%
Skew 10d	12.2%	-6.3%	27.3%	18.0%	24.0%
Call IV 25d	34.7%	25.3%	40.7%	25.3%	39.4%
Put IV 25d	43.8%	35.2%	54.5%	50.2%	54.5%
Bid-Ask Spread %	112.92	91.38	127.86	114.57	114.78
Gamma HHI	0.63	0.46	0.75	0.46	0.68
Net GEX	-1.9K	-14.6K	4.0K	-2.3K	3.6K
Net DEX	-44.2K	-92.1K	12.2K	-70.9K	-76.0K
Net VEX	-624	-740	-540	-592	-544
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.04	1.15	0.96	0.04
Total Volume	44	28	58	53	28
Total OI	145.905	88	188	172	88

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
2018-01-02	$32.20	$29.79	59.9%	17.2%	30.2%	0.0%	53.4%	24.8%	-40.2%	-2.3K	-70.9K	-592	0.96	114.57	N/A	N/A	27	26	64	108
2018-01-03	$31.43	$29.79	35.3%	10.1%	31.1%	0.0%	38.8%	3.5%	1.0%	-13.1K	-5.8K	-654	1.15	116.22	N/A	N/A	27	31	64	108
2018-01-04	$31.90	$0.00	70.2%	9.8%	31.6%	0.0%	0.0%	6.6%	4.9%	-3.9K	-22.7K	-731	0.96	110.97	N/A	N/A	27	26	65	114
2018-01-05	$32.30	$0.00	32.3%	9.0%	31.5%	0.0%	0.0%	6.1%	7.6%	-5.4K	-24.2K	-730	0.96	101.59	N/A	N/A	27	26	66	115
2018-01-08	$31.75	$0.00	64.5%	12.1%	31.9%	0.0%	0.0%	3.5%	-4.9%	-6.7K	-3.0K	-740	0.96	91.38	N/A	N/A	27	26	66	116
2018-01-09	$31.50	$0.00	50.1%	10.2%	31.9%	0.0%	0.0%	4.3%	5.1%	-8.5K	-865	-714	0.96	105.43	N/A	N/A	27	26	66	116
2018-01-10	$30.90	$0.00	36.3%	10.4%	31.4%	0.0%	0.0%	-1.9%	-2.4%	-14.6K	10.6K	-664	0.96	105.39	N/A	N/A	27	26	66	116
2018-01-11	$31.80	$0.00	36.7%	10.5%	31.1%	21.5%	0.0%	6.3%	3.4%	-6.3K	-1.0K	-708	0.96	114.23	N/A	N/A	27	26	66	116
2018-01-12	$31.95	$0.00	37.0%	10.6%	30.7%	21.9%	0.0%	11.6%	1.0%	-6.0K	-8.9K	-703	0.96	108.40	N/A	N/A	27	26	67	116
2018-01-16	$31.45	$0.00	35.7%	10.2%	31.3%	20.5%	0.0%	4.8%	4.9%	-6.0K	12.2K	-637	1.07	110.86	N/A	N/A	27	29	67	116
2018-01-17	$31.15	$0.00	41.6%	11.9%	28.6%	26.8%	0.0%	9.5%	-4.7%	-3.4K	-59.2K	-586	1.07	113.61	N/A	N/A	27	29	67	120
2018-01-18	$31.80	$0.00	38.9%	11.1%	29.4%	23.9%	0.0%	10.5%	-2.8%	3.5K	-68.0K	-563	0.96	119.53	N/A	N/A	27	26	67	120
2018-01-19	$32.70	$0.00	32.1%	9.2%	31.2%	16.5%	0.0%	9.9%	-8.3%	4.0K	-83.3K	-581	0.96	110.94	N/A	N/A	27	26	67	121
2018-01-22	$32.55	$0.00	26.4%	7.6%	31.1%	10.4%	0.0%	8.8%	3.5%	3.5K	-82.2K	-583	0.04	110.05	N/A	N/A	27	1	67	21
2018-01-23	$33.00	$0.00	31.4%	9.0%	31.4%	15.8%	0.0%	21.4%	11.5%	3.7K	-92.1K	-587	0.04	120.68	N/A	N/A	27	1	67	21
2018-01-24	$32.05	$0.00	40.5%	11.6%	33.1%	25.6%	0.0%	12.4%	3.0%	3.4K	-81.0K	-576	0.04	118.82	N/A	N/A	27	1	67	21
2018-01-25	$32.08	$0.00	53.3%	15.3%	33.1%	39.5%	0.0%	0.5%	-41.2%	3.5K	-79.7K	-575	0.04	127.86	N/A	N/A	27	1	67	21
2018-01-26	$31.30	$0.00	37.5%	10.7%	34.1%	22.4%	0.0%	11.2%	-2.6%	3.4K	-65.0K	-551	0.04	119.99	N/A	N/A	27	1	67	21
2018-01-29	$31.27	$0.00	40.0%	11.5%	33.8%	25.1%	0.0%	9.3%	-0.2%	3.6K	-61.5K	-540	0.04	119.60	N/A	N/A	27	1	67	21
2018-01-30	$31.30	$0.00	41.6%	11.9%	30.9%	26.9%	0.0%	12.9%	-2.2%	3.1K	-65.3K	-549	0.04	116.41	N/A	N/A	27	1	67	21
2018-01-31	$31.85	$0.00	46.5%	13.3%	28.3%	32.1%	0.0%	15.1%	-12.5%	3.6K	-76.0K	-544	0.04	114.78	N/A	N/A	27	1	67	21