CULP Options History — July 2020

In July 2020, CULP traded between $9.00 and $11.24. ATM implied volatility averaged 75.7%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded below realized volatility by 15.3% (HV 20d: 91.0%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2020-07-01: Highest Volume — 1,785 contracts
  • 2020-07-24: Largest IV spike — 55.8% change
  • 2020-07-01: Highest IV Rank — 68.5%
  • 2020-07-01: Largest Expected Move — 38.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.92$9.00$11.24$9.93$11.07
Max Pain$9.09$7.50$10.00$7.50$10.00
ATM IV75.7%43.3%135.9%135.9%73.9%
Expected Move20.8%12.4%38.9%38.9%21.2%
HV 20d91.0%56.6%97.8%87.9%56.6%
HV 60d82.5%77.5%86.7%83.5%77.7%
IV Rank32.4%13.0%68.5%68.5%31.3%
IV Percentile70.2%39.6%96.4%96.4%69.2%
Term Structure-5.7%-88.9%40.5%-57.5%15.0%
VWIV73.8%34.8%188.3%137.6%68.7%
Skew 25d16.2%-11.4%42.1%-11.4%10.2%
Skew 10d23.4%-6.6%93.5%93.5%25.9%
Call IV 25d61.6%40.2%156.6%156.6%75.4%
Put IV 25d77.9%42.5%145.2%145.2%85.6%
Bid-Ask Spread %117.3682.02174.1982.02113.01
Gamma HHI0.540.430.770.430.49
Net GEX9.0K2.7K24.8K8.0K6.6K
Net DEX-297.3K-602.4K-130.9K-420.1K-328.6K
Net VEX-1.1K-1.4K-871-1.4K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.001.960.180.00
Total Volume201.13651,7851,78511
Total OI1,441.0455302,5831,182662

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$9.93$7.50135.9%38.9%87.9%68.5%137.6%-11.4%-57.5%8.0K-420.1K-1.4K0.1882.02N/AN/A1,5102751,054128
2020-07-02$9.26$10.0063.1%18.1%92.5%24.9%71.2%16.7%24.0%17.3K-338.1K-1.4K0.4294.31N/AN/A4752012,216367
2020-07-06$10.21$7.5093.0%20.5%97.8%42.8%70.2%0.0%-88.9%24.8K-602.4K-1.4K0.16174.19N/AN/A559892,027345
2020-07-07$10.38$7.5084.7%28.0%95.3%37.8%78.4%35.4%-14.6%20.7K-555.3K-1.4K0.00160.90N/AN/A13801,850330
2020-07-08$10.30$7.5076.8%26.5%95.5%33.1%66.2%-8.2%4.4%19.9K-488.1K-1.3K0.02155.00N/AN/A30351,785330
2020-07-09$9.95$7.5093.2%22.3%95.8%42.9%188.3%0.0%-4.8%17.5K-451.1K-1.4K0.33166.19N/AN/A1241,903326
2020-07-10$9.41$7.5091.1%23.2%96.2%41.6%0.0%0.0%3.8%14.0K-345.0K-1.3K0.25153.45N/AN/A1231,908322
2020-07-13$9.37$7.50103.7%17.1%96.0%49.2%0.0%0.0%40.5%13.0K-268.1K-9270.06166.05N/AN/A1611,887319
2020-07-14$9.00$7.5087.2%22.9%97.5%39.3%73.2%0.0%-21.0%2.7K-180.4K-9251.18153.39N/AN/A11131,883319
2020-07-15$9.07$10.0054.9%15.7%97.5%19.9%56.1%20.0%-18.4%2.9K-174.8K-8710.1392.30N/AN/A467621,878319
2020-07-16$9.30$10.0043.3%12.4%97.6%13.0%0.0%32.6%0.0%3.1K-130.9K-9101.96105.47N/AN/A23451,824319
2020-07-17$9.62$10.0056.5%16.2%97.3%20.9%57.9%26.5%5.5%3.2K-157.7K-9150.8886.95N/AN/A871,830315
2020-07-20$9.56$10.0071.2%20.4%97.1%29.7%72.0%42.1%-14.3%3.5K-186.9K-9240.00104.78N/AN/A15043298
2020-07-21$9.80$10.0069.9%20.0%97.2%28.9%34.8%8.9%-4.6%3.6K-197.7K-9150.00100.58N/AN/A5043598
2020-07-22$9.76$10.0048.5%13.9%97.4%16.1%45.6%12.9%32.1%3.8K-185.1K-8940.00118.67N/AN/A10044098
2020-07-23$9.95$10.0050.7%14.5%96.0%17.4%36.2%-2.6%3.8%4.3K-203.4K-9240.0093.20N/AN/A40044998
2020-07-24$10.05$10.0079.0%22.7%96.0%34.4%0.0%18.6%-8.4%4.8K-230.6K-1.0K0.00103.76N/AN/A20049498
2020-07-27$10.08$10.0074.3%21.3%95.9%31.6%74.1%14.9%-8.1%5.0K-227.9K-9700.7194.07N/AN/A7551498
2020-07-28$10.07$10.0074.3%21.3%79.5%31.6%74.3%20.9%-5.3%5.0K-233.3K-9870.0085.67N/AN/A60520103
2020-07-29$10.84$10.0064.4%18.5%77.5%25.6%65.5%26.7%11.4%6.5K-289.9K-1.0K0.0093.79N/AN/A430524103
2020-07-30$11.24$10.0076.5%21.9%62.7%32.9%58.0%11.9%-14.4%7.0K-345.7K-1.1K0.0484.13N/AN/A231552103
2020-07-31$11.07$10.0073.9%21.2%56.6%31.3%68.7%10.2%15.0%6.6K-328.6K-1.1K0.00113.01N/AN/A110558104