CULP Options History — January 2019

In January 2019, CULP traded between $18.24 and $19.34. ATM implied volatility averaged 40.4%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 21.6% (HV 20d: 18.8%). Max pain ranged from $15.00 to $22.50. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.34.

Notable Days

2019-01-24: Highest Volume — 60 contracts
2019-01-31: Largest IV drop — 26.6% change
2019-01-23: Highest IV Rank — 23.5%
2019-01-23: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.80	$18.24	$19.34	$19.07	$19.10
Max Pain	$17.14	$15.00	$22.50	$22.50	$15.00
ATM IV	40.4%	28.8%	46.2%	41.3%	28.8%
Expected Move	11.9%	10.6%	13.3%	11.8%	11.5%
HV 20d	18.8%	16.9%	23.6%	23.6%	20.7%
HV 60d	27.3%	24.1%	30.0%	30.0%	24.5%
IV Rank	17.1%	4.3%	23.5%	18.1%	4.3%
IV Percentile	66.3%	8.3%	88.5%	74.2%	8.3%
Term Structure	2.5%	-1.4%	11.3%	-1.2%	-1.4%
VWIV	50.2%	37.3%	60.8%	60.8%	60.2%
Skew 25d	7.9%	5.0%	12.4%	8.2%	6.2%
Skew 10d	19.9%	5.3%	29.9%	13.8%	19.2%
Call IV 25d	39.0%	33.3%	42.6%	41.9%	39.9%
Put IV 25d	46.9%	43.6%	51.7%	50.1%	46.1%
Bid-Ask Spread %	83.17	55.03	110.44	100.89	57.29
Gamma HHI	0.45	0.26	0.86	0.35	0.86
Net GEX	665	-681	4.3K	-391	4.3K
Net DEX	4.2K	-51.4K	29.7K	28.0K	-51.4K
Net VEX	-110	-242	-55	-56	-242
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.34	0.00	1.00	0.10	1.00
Total Volume	20.762	0	60	13	4
Total OI	153.476	36	201	169	118

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
2019-01-02	$19.07	$22.50	41.3%	11.8%	23.6%	18.1%	0.0%	8.2%	-1.2%	-391	28.0K	-56	0.00	100.89	N/A	N/A	0	13	144	25
2019-01-03	$19.02	$15.00	39.6%	12.2%	20.3%	16.3%	60.8%	7.2%	1.2%	-483	29.0K	-71	0.00	60.45	N/A	N/A	0	13	144	38
2019-01-04	$19.03	$15.00	42.5%	12.1%	20.3%	19.4%	60.0%	6.6%	0.8%	-607	29.7K	-63	0.00	55.03	N/A	N/A	0	13	144	38
2019-01-07	$18.96	$15.00	40.9%	12.3%	16.9%	17.7%	0.0%	6.9%	1.0%	-602	28.0K	-63	0.00	66.60	N/A	N/A	0	0	144	37
2019-01-08	$19.34	$15.00	34.2%	11.7%	18.6%	10.3%	45.5%	6.3%	2.1%	-548	27.7K	-55	0.10	75.08	N/A	N/A	20	2	144	37
2019-01-09	$19.03	$17.50	40.7%	11.7%	18.8%	17.5%	53.4%	5.3%	1.7%	197	24.7K	-67	0.60	75.50	N/A	N/A	20	12	152	39
2019-01-10	$19.03	$17.50	39.9%	11.4%	17.9%	16.6%	53.5%	5.0%	2.3%	-206	27.1K	-72	0.60	81.47	N/A	N/A	20	12	152	49
2019-01-11	$18.98	$17.50	39.0%	11.2%	17.8%	15.6%	53.7%	5.4%	3.0%	-34	26.5K	-70	0.60	82.04	N/A	N/A	20	12	152	49
2019-01-14	$18.85	$17.50	38.7%	11.1%	17.3%	15.2%	0.0%	10.4%	2.8%	-197	8.7K	-64	0.33	83.06	N/A	N/A	15	5	152	39
2019-01-15	$19.09	$17.50	37.5%	10.8%	17.9%	13.9%	0.0%	12.4%	3.3%	500	8.4K	-85	0.33	89.28	N/A	N/A	15	5	157	44
2019-01-16	$18.88	$17.50	39.0%	11.2%	18.1%	15.6%	0.0%	9.7%	2.3%	0	10.1K	-85	0.33	93.21	N/A	N/A	15	5	157	44
2019-01-17	$18.74	$17.50	44.4%	12.7%	18.2%	21.5%	0.0%	9.3%	0.5%	-681	13.7K	-74	0.33	83.39	N/A	N/A	15	5	157	44
2019-01-18	$18.84	$17.50	36.9%	10.6%	18.3%	13.2%	0.0%	9.2%	3.9%	-635	13.2K	-72	0.53	91.88	N/A	N/A	15	8	157	44
2019-01-22	$18.24	$17.50	45.3%	13.0%	21.0%	22.4%	0.0%	10.1%	1.6%	-648	11.9K	-59	0.00	81.60	N/A	N/A	20	0	5	31
2019-01-23	$18.38	$17.50	46.2%	13.3%	18.4%	23.5%	38.9%	11.6%	2.6%	211	-1.5K	-108	0.00	86.19	N/A	N/A	30	0	25	31
2019-01-24	$18.36	$17.50	44.4%	12.7%	18.2%	21.5%	39.2%	9.5%	2.3%	785	-4.1K	-118	0.00	90.58	N/A	N/A	60	0	35	31
2019-01-25	$18.48	$17.50	42.1%	12.1%	18.1%	19.0%	37.3%	7.4%	4.3%	3.0K	-36.2K	-232	0.00	85.22	N/A	N/A	60	0	85	31
2019-01-28	$18.48	$17.50	44.5%	12.8%	17.7%	21.6%	0.0%	6.1%	3.2%	3.3K	-36.1K	-228	0.00	96.78	N/A	N/A	0	0	85	31
2019-01-29	$18.32	$17.50	42.8%	12.3%	17.8%	19.7%	0.0%	6.0%	5.2%	3.2K	-31.4K	-214	0.00	100.49	N/A	N/A	0	0	85	31
2019-01-30	$18.63	$17.50	39.2%	11.2%	18.7%	15.8%	0.0%	7.5%	11.3%	3.5K	-37.7K	-221	0.00	110.44	N/A	N/A	0	2	85	31
2019-01-31	$19.10	$15.00	28.8%	11.5%	20.7%	4.3%	60.2%	6.2%	-1.4%	4.3K	-51.4K	-242	1.00	57.29	N/A	N/A	2	2	85	33