CULP Options History — March 2020

In March 2020, CULP traded between $7.12 and $8.93. ATM implied volatility averaged 105.4%, placing in the 53.7% IV rank vs the trailing year. The 30-day expected move averaged 30.0%. IV traded above realized volatility by 34.8% (HV 20d: 70.6%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.06.

Notable Days

  • 2020-03-03: Highest Volume — 15 contracts
  • 2020-03-18: Largest IV spike — 123.3% change
  • 2020-03-18: Highest IV Rank — 100.0%
  • 2020-03-10: Largest Expected Move — 54.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.82$7.12$8.93$8.93$7.12
Max Pain$10.34$10.00$12.50$12.50$10.00
ATM IV105.4%64.5%188.3%80.7%74.4%
Expected Move30.0%18.5%54.4%23.1%21.3%
HV 20d70.6%27.3%109.6%29.8%109.3%
HV 60d50.4%33.4%67.5%34.8%67.5%
IV Rank53.7%28.2%100.0%40.0%31.6%
IV Percentile95.9%90.0%100.0%97.6%90.8%
Term Structure-2.2%-139.8%69.3%-10.2%-16.5%
VWIV68.9%58.7%86.1%58.7%68.4%
Skew 25d15.3%-40.3%60.7%28.6%-7.7%
Skew 10d7.5%-39.4%122.9%50.1%-19.1%
Call IV 25d89.1%40.8%151.3%60.6%64.3%
Put IV 25d104.4%56.6%166.5%89.1%56.6%
Bid-Ask Spread %134.03114.41165.71123.82129.69
Gamma HHI0.520.271.000.780.60
Net GEX-106-665108-665-43
Net DEX23.8K7.6K36.0K27.8K13.4K
Net VEX-30-68-9-47-13
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.220.000.00
Total Volume1.68201500
Total OI76.72748946851

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$8.93$12.5080.7%23.1%29.8%40.0%0.0%28.6%-10.2%-66527.8K-470.00123.82N/AN/A001850
2020-03-03$8.80$12.5098.5%28.2%29.3%52.0%0.0%13.4%-54.1%-48431.6K-380.00133.99N/AN/A1501850
2020-03-04$8.78$12.5064.5%18.5%29.1%29.0%58.7%35.4%29.5%-42828.1K-570.22114.41N/AN/A923350
2020-03-05$8.56$10.00134.0%31.7%27.3%76.1%0.0%53.5%63.2%-33824.3K-680.00136.14N/AN/A104252
2020-03-06$8.05$10.0091.5%43.0%30.8%47.3%0.0%-40.3%13.5%2527.3K-480.00131.35N/AN/A104351
2020-03-09$7.52$10.00164.5%22.5%34.3%96.8%0.0%-38.3%47.9%-1130.1K-340.00137.73N/AN/A014351
2020-03-10$7.32$10.00152.0%54.4%32.4%88.3%0.0%28.0%-60.9%-12624.4K-460.00133.85N/AN/A004351
2020-03-11$7.85$10.00108.5%31.1%46.9%58.8%0.0%5.4%-4.4%-17727.3K-430.00134.59N/AN/A004351
2020-03-12$7.46$10.000.0%0.0%47.9%0.0%0.0%0.0%0.0%-19036.0K-100.00165.71N/AN/A004351
2020-03-13$7.43$10.00144.7%41.5%48.4%83.4%0.0%37.1%69.3%-9831.9K-280.00147.77N/AN/A004351
2020-03-16$7.20$10.000.0%0.0%48.2%0.0%0.0%0.0%0.0%-10034.0K-90.00159.62N/AN/A004349
2020-03-17$8.55$10.0084.3%24.2%82.9%42.4%86.1%15.1%26.4%10833.7K-310.00131.25N/AN/A024349
2020-03-18$7.15$10.00188.3%54.0%101.7%100.0%0.0%0.0%-139.8%-3027.5K-340.00137.63N/AN/A004351
2020-03-19$7.19$10.00101.3%29.1%101.9%47.8%0.0%20.3%1.6%3930.7K-230.00129.40N/AN/A004351
2020-03-20$7.33$10.0094.7%27.1%102.7%43.8%0.0%57.4%-3.8%3331.9K-210.00139.01N/AN/A004351
2020-03-23$7.74$10.00110.6%31.7%105.7%53.3%0.0%30.1%0.0%439.7K-220.00130.79N/AN/A002820
2020-03-24$8.24$10.0068.6%19.7%109.1%28.2%62.4%-17.5%0.0%6810.6K-190.00122.14N/AN/A022820
2020-03-25$7.92$10.00123.8%35.5%109.6%61.3%0.0%60.7%24.5%527.6K-270.00134.46N/AN/A002820
2020-03-26$7.87$10.0076.6%22.0%108.4%33.0%0.0%-34.7%-21.5%4210.6K-180.00124.42N/AN/A032820
2020-03-27$7.55$10.0069.8%20.0%108.8%28.9%68.4%56.6%-17.7%-1713.1K-160.00128.41N/AN/A012823
2020-03-30$7.41$10.0076.0%21.8%108.8%32.6%0.0%-13.0%13.1%-2913.0K-160.00122.45N/AN/A002823
2020-03-31$7.12$10.0074.4%21.3%109.3%31.6%0.0%-7.7%-16.5%-4313.4K-130.00129.69N/AN/A002823