CULP Options History — November 2018

In November 2018, CULP traded between $20.92 and $23.09. ATM implied volatility averaged 49.0%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 15.6% (HV 20d: 33.4%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.50.

Notable Days

2018-11-01: Highest Volume — 209 contracts
2018-11-02: Largest IV spike — 150.2% change
2018-11-02: Highest IV Rank — 83.6%
2018-11-02: Largest Expected Move — 28.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.81	$20.92	$23.09	$23.05	$20.95
Max Pain	$22.25	$20.00	$22.50	$20.00	$22.50
ATM IV	49.0%	40.2%	100.5%	40.2%	44.3%
Expected Move	14.2%	11.5%	28.8%	11.5%	12.7%
HV 20d	33.4%	29.7%	37.6%	36.9%	29.8%
HV 60d	34.7%	29.8%	36.3%	36.0%	30.2%
IV Rank	27.8%	19.1%	83.6%	19.1%	22.6%
IV Percentile	88.0%	79.8%	98.4%	79.8%	82.9%
Term Structure	-7.2%	-62.2%	1.9%	1.9%	-3.6%
VWIV	48.4%	42.1%	85.3%	42.1%	46.7%
Skew 25d	9.2%	5.7%	32.7%	6.8%	8.2%
Skew 10d	20.2%	7.6%	54.7%	7.6%	7.8%
Call IV 25d	44.5%	36.6%	53.7%	36.6%	39.1%
Put IV 25d	53.7%	43.3%	86.5%	43.3%	47.3%
Bid-Ask Spread %	66.93	48.17	139.62	94.27	68.08
Gamma HHI	0.45	0.34	0.55	0.55	0.40
Net GEX	1.8K	-698	6.7K	6.7K	-698
Net DEX	18.0K	-65.9K	85.3K	-54.4K	85.3K
Net VEX	-620	-904	-408	-879	-408
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.18	0.60	0.60	0.18
Total Volume	193.95	160	209	209	160
Total OI	268.45	211	306	287	253

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
2018-11-01	$23.05	$20.00	40.2%	11.5%	36.9%	19.1%	42.1%	6.8%	1.9%	6.7K	-54.4K	-879	0.60	94.27	N/A	N/A	131	78	195	92
2018-11-02	$23.09	$20.00	100.5%	28.8%	36.5%	83.6%	85.3%	32.7%	-62.2%	5.4K	-65.9K	-904	0.60	139.62	N/A	N/A	131	78	195	111
2018-11-05	$22.64	$22.50	46.6%	13.2%	37.0%	25.6%	45.3%	9.6%	-4.6%	4.4K	-31.2K	-824	0.60	55.84	N/A	N/A	131	78	195	111
2018-11-06	$22.16	$22.50	44.9%	13.0%	37.6%	23.3%	46.2%	7.1%	-3.0%	1.4K	9.1K	-744	0.53	48.55	N/A	N/A	131	69	195	111
2018-11-07	$22.49	$22.50	43.4%	12.9%	37.6%	21.7%	44.3%	9.2%	-3.5%	3.0K	-14.7K	-782	0.53	58.27	N/A	N/A	131	69	195	111
2018-11-08	$22.39	$22.50	42.5%	13.0%	37.6%	20.7%	45.5%	5.7%	-3.4%	1.6K	-168	-714	0.53	54.72	N/A	N/A	131	69	195	111
2018-11-12	$21.80	$22.50	43.0%	13.2%	35.0%	21.3%	45.2%	9.0%	-3.9%	2.1K	-104	-667	0.53	60.22	N/A	N/A	131	69	195	111
2018-11-13	$22.01	$22.50	46.4%	13.5%	33.9%	24.8%	47.1%	6.2%	-4.7%	2.0K	14.0K	-643	0.53	50.34	N/A	N/A	131	69	195	111
2018-11-14	$22.10	$22.50	45.7%	13.1%	32.5%	24.1%	45.3%	7.5%	-4.1%	2.4K	2.5K	-659	0.53	60.39	N/A	N/A	131	69	195	111
2018-11-15	$21.57	$22.50	46.9%	13.4%	33.3%	25.4%	47.3%	7.1%	-4.0%	-667	35.6K	-620	0.53	48.17	N/A	N/A	131	69	195	111
2018-11-16	$21.58	$22.50	44.9%	12.9%	30.1%	23.3%	45.3%	8.7%	-3.2%	1.4K	22.2K	-589	0.53	62.88	N/A	N/A	131	69	195	111
2018-11-19	$21.17	$22.50	49.9%	14.3%	30.0%	28.6%	47.5%	8.7%	-5.8%	580	48.0K	-501	0.51	53.95	N/A	N/A	117	60	138	73
2018-11-20	$20.92	$22.50	50.2%	14.4%	30.0%	29.0%	47.8%	7.8%	-4.5%	342	57.4K	-476	0.48	81.59	N/A	N/A	125	60	140	74
2018-11-21	$21.06	$22.50	49.9%	14.3%	29.7%	28.7%	45.2%	9.6%	-3.5%	844	47.9K	-502	0.48	70.40	N/A	N/A	125	60	150	74
2018-11-23	$21.89	$22.50	45.7%	13.1%	33.0%	24.1%	44.9%	7.5%	-5.5%	1.2K	39.1K	-529	0.48	85.08	N/A	N/A	125	60	150	74
2018-11-26	$21.36	$22.50	44.2%	12.7%	32.2%	22.5%	45.1%	9.9%	-5.5%	1.7K	24.4K	-529	0.48	68.71	N/A	N/A	125	60	150	74
2018-11-27	$21.27	$22.50	48.5%	13.9%	32.2%	27.2%	51.0%	7.3%	-6.7%	573	55.3K	-458	0.48	61.70	N/A	N/A	125	60	150	74
2018-11-28	$21.73	$22.50	47.5%	13.6%	33.2%	26.1%	48.4%	8.0%	-5.8%	1.5K	30.6K	-538	0.48	51.89	N/A	N/A	125	60	150	74
2018-11-29	$21.03	$22.50	54.5%	15.6%	30.5%	33.7%	51.6%	7.8%	-8.8%	485	56.3K	-438	0.51	63.92	N/A	N/A	136	69	150	74
2018-11-30	$20.95	$22.50	44.3%	12.7%	29.8%	22.6%	46.7%	8.2%	-3.6%	-698	85.3K	-408	0.18	68.08	N/A	N/A	136	24	166	87