CULP Options History — August 2020

In August 2020, CULP traded between $11.08 and $12.23. ATM implied volatility averaged 64.2%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 19.2%. IV traded above realized volatility by 14.8% (HV 20d: 49.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 7.58.

Notable Days

  • 2020-08-28: Highest Volume — 326 contracts
  • 2020-08-28: Largest IV drop — 33.1% change
  • 2020-08-27: Highest IV Rank — 40.6%
  • 2020-08-27: Largest Expected Move — 25.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.48$11.08$12.23$11.19$12.05
Max Pain$12.14$10.00$12.50$10.00$12.50
ATM IV64.2%45.8%89.3%75.9%63.0%
Expected Move19.2%15.3%25.6%21.8%18.1%
HV 20d49.4%37.7%54.1%46.0%48.9%
HV 60d73.0%67.0%77.6%77.5%67.6%
IV Rank25.5%14.5%40.6%32.5%24.8%
IV Percentile59.1%38.4%79.2%71.6%55.6%
Term Structure1.5%-12.8%23.1%-9.7%23.1%
VWIV68.2%62.9%76.8%71.4%62.9%
Skew 25d19.3%-9.8%40.1%15.3%28.0%
Skew 10d24.3%-9.6%86.2%18.5%41.4%
Call IV 25d61.3%48.3%78.1%60.5%60.2%
Put IV 25d80.6%67.1%92.4%75.7%88.2%
Bid-Ask Spread %98.1878.07115.71100.3795.54
Gamma HHI0.460.410.550.500.42
Net GEX7.5K2.0K10.5K7.3K2.0K
Net DEX-352.6K-451.2K-231.2K-340.1K-231.2K
Net VEX-1.2K-2.1K-1.0K-1.1K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.580.0087.500.300.14
Total Volume3303261341
Total OI743.0956581,1676661,167

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$11.19$10.0075.9%21.8%46.0%32.5%0.0%15.3%-9.7%7.3K-340.1K-1.1K0.30100.37N/AN/A103562104
2020-08-04$11.28$10.0059.6%17.1%45.8%22.8%0.0%15.8%12.4%7.5K-358.6K-1.1K0.00110.00N/AN/A04563107
2020-08-05$11.12$10.0075.4%21.6%46.1%32.2%0.0%18.1%5.2%6.7K-334.2K-1.1K0.00115.71N/AN/A60563111
2020-08-06$11.08$12.5064.5%22.5%43.9%25.7%0.0%18.8%-12.5%7.3K-329.7K-1.1K0.0083.45N/AN/A00569111
2020-08-07$11.30$12.5045.8%19.4%37.7%14.5%0.0%22.1%7.8%8.1K-346.4K-1.1K0.0082.95N/AN/A00569111
2020-08-10$12.23$12.5054.2%17.3%44.7%19.5%71.4%11.0%8.9%9.2K-451.2K-1.1K0.0978.07N/AN/A535563111
2020-08-11$11.34$12.5055.2%20.5%51.5%20.1%65.5%7.6%-12.8%7.7K-367.0K-1.2K0.0094.07N/AN/A190603116
2020-08-12$11.10$12.5065.9%18.9%52.9%26.6%72.4%-9.8%4.6%7.7K-340.4K-1.1K1.2591.31N/AN/A45625116
2020-08-13$11.33$12.5065.4%18.7%52.7%26.2%0.0%33.0%-1.0%8.8K-359.8K-1.1K0.00101.43N/AN/A30629121
2020-08-14$11.75$12.5065.5%18.8%52.9%26.3%0.0%12.9%-4.3%9.7K-402.2K-1.2K0.0097.76N/AN/A80630121
2020-08-17$11.79$12.5071.3%20.4%52.6%29.7%0.0%20.1%-3.8%9.6K-414.1K-1.1K0.0095.14N/AN/A00631121
2020-08-18$11.86$12.5069.0%19.8%52.3%28.4%0.0%40.1%-9.8%10.1K-424.6K-1.1K0.0095.33N/AN/A70631121
2020-08-19$11.81$12.5053.3%15.3%52.3%18.9%63.0%25.0%1.2%10.5K-413.0K-1.1K0.00102.89N/AN/A140636121
2020-08-20$11.62$12.5064.2%18.4%53.0%25.5%0.0%24.3%1.6%7.1K-378.8K-1.1K0.00105.98N/AN/A00628121
2020-08-21$11.38$12.5066.7%19.1%53.9%27.0%0.0%5.1%-8.9%7.0K-368.7K-1.0K0.00103.53N/AN/A00628121
2020-08-24$11.35$12.5055.5%15.9%54.0%20.3%76.8%33.4%17.0%6.8K-333.3K-1.0K1.67100.61N/AN/A35553105
2020-08-25$11.28$12.5060.7%17.4%54.1%23.4%0.0%23.2%2.2%7.3K-318.4K-1.0K0.0088.93N/AN/A00556110
2020-08-26$11.31$12.5067.1%19.2%47.8%27.3%65.4%16.9%8.4%7.2K-330.4K-1.0K87.50109.29N/AN/A2175556110
2020-08-27$11.22$12.5089.3%25.6%46.2%40.6%0.0%26.4%-2.5%5.0K-251.8K-1.5K0.00103.18N/AN/A00557285
2020-08-28$11.69$12.5059.7%17.1%48.0%22.8%0.0%18.0%5.2%5.8K-310.2K-1.4K0.00106.29N/AN/A0326557285
2020-08-31$12.05$12.5063.0%18.1%48.9%24.8%62.9%28.0%23.1%2.0K-231.2K-2.1K0.1495.54N/AN/A365557610