CULP Options History — March 2021

In March 2021, CULP traded between $14.95 and $17.33. ATM implied volatility averaged 56.8%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 9.4% (HV 20d: 47.4%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 8.16.

Notable Days

  • 2021-03-04: Highest Volume — 643 contracts
  • 2021-03-24: Largest IV drop — 38.3% change
  • 2021-03-01: Highest IV Rank — 24.8%
  • 2021-03-01: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.11$14.95$17.33$17.33$15.33
Max Pain$14.13$12.50$15.00$15.00$15.00
ATM IV56.8%40.9%73.6%73.6%59.5%
Expected Move16.1%11.7%21.1%21.1%17.0%
HV 20d47.4%41.1%51.5%42.1%51.5%
HV 60d47.1%43.8%49.0%46.1%49.0%
IV Rank14.7%4.1%24.8%24.8%18.6%
IV Percentile30.9%2.4%64.4%64.4%41.7%
Term Structure-5.1%-24.9%12.9%-24.9%-20.8%
VWIV56.4%33.4%79.8%79.8%62.3%
Skew 25d16.1%-7.2%35.1%8.8%27.6%
Skew 10d18.6%-3.1%40.4%15.2%38.8%
Call IV 25d48.2%30.4%73.7%72.4%44.0%
Put IV 25d64.3%47.3%81.4%81.3%71.6%
Bid-Ask Spread %107.8081.69127.01124.44112.82
Gamma HHI0.740.430.970.430.97
Net GEX-6.1K-15.6K1.3K735-15.6K
Net DEX196.5K-55.2K469.5K-46.8K469.5K
Net VEX-1.3K-2.5K-103-103-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.160.0066.500.000.00
Total Volume58.435064340
Total OI730.3041411,0771411,077

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$17.33$15.0073.6%21.1%42.1%24.8%79.8%8.8%-24.9%735-46.8K-1030.00124.44N/AN/A4041100
2021-03-02$17.24$15.0068.6%19.7%41.3%21.5%69.5%7.7%-3.5%935-49.3K-1100.00127.01N/AN/A9046100
2021-03-03$17.15$15.0065.5%18.8%41.1%19.5%65.5%-7.2%-7.0%1.3K-55.2K-1200.2581.69N/AN/A8255100
2021-03-04$15.65$12.5072.4%16.7%43.5%24.0%68.5%8.4%-10.4%1.0K-29.1K-11731.15109.34N/AN/A2062353102
2021-03-05$15.89$12.5063.2%15.7%44.0%18.0%0.0%10.5%-14.3%-6.8K201.8K-1.4K1.6298.89N/AN/A132153723
2021-03-08$16.12$12.5056.6%20.4%44.4%13.7%74.7%11.4%-24.0%-4.6K177.0K-1.4K0.0099.17N/AN/A6066743
2021-03-09$16.60$12.5060.7%15.3%45.2%16.3%56.4%2.9%1.1%-4.3K151.7K-1.4K0.0094.29N/AN/A0271743
2021-03-10$16.66$12.5045.6%13.1%45.1%6.5%38.8%18.1%-2.9%-5.8K156.3K-1.4K0.00101.45N/AN/A1071744
2021-03-11$17.05$12.5052.3%15.0%45.7%10.9%0.0%11.1%-3.2%-4.3K129.5K-1.4K0.00101.33N/AN/A5071744
2021-03-12$17.27$12.5051.3%14.7%45.8%10.2%0.0%10.9%-0.6%-2.9K116.5K-1.4K0.00102.61N/AN/A0074744
2021-03-15$16.80$12.5050.0%14.3%46.7%9.4%50.0%15.3%2.5%-3.6K143.6K-1.4K15.00107.14N/AN/A69074744
2021-03-16$15.89$15.0055.3%15.9%48.8%12.8%47.9%23.2%-2.7%-6.0K224.0K-1.4K0.00106.72N/AN/A01080774
2021-03-17$15.50$15.0048.5%13.9%49.0%8.4%47.5%13.6%5.4%-6.7K247.8K-1.4K0.49114.11N/AN/A412080774
2021-03-18$16.13$15.0056.7%16.2%51.4%13.7%33.4%16.6%12.9%-6.5K240.4K-1.4K0.35109.19N/AN/A341290793
2021-03-19$15.85$15.0059.4%17.0%50.9%18.6%0.0%14.8%-11.9%-6.3K220.1K-1.4K0.65107.73N/AN/A3120110795
2021-03-22$15.84$15.0054.6%15.6%50.6%14.8%0.0%24.4%-3.3%-7.4K213.8K-1.3K0.00110.78N/AN/A0038654
2021-03-23$15.24$15.0066.3%19.0%50.8%24.0%0.0%34.5%-17.9%-7.4K221.7K-1.3K66.50112.13N/AN/A213338654
2021-03-24$15.47$15.0040.9%11.7%51.1%4.1%0.0%16.9%5.0%-11.9K335.3K-1.7K0.00114.75N/AN/A01540787
2021-03-25$15.81$15.0046.9%13.4%50.6%8.7%39.6%18.7%-1.1%-10.4K299.5K-1.8K6.46115.56N/AN/A138440802
2021-03-26$15.50$15.0052.3%15.0%49.9%13.0%0.0%35.1%2.0%-10.4K348.3K-2.1K0.00113.31N/AN/A1052886
2021-03-29$15.21$15.0056.7%16.3%50.1%16.5%0.0%32.1%3.6%-10.8K351.2K-2.0K0.00115.26N/AN/A04353886
2021-03-30$14.95$15.0049.6%14.2%50.2%10.9%62.3%14.7%-0.8%-12.9K453.0K-2.3K0.0099.60N/AN/A07553979
2021-03-31$15.33$15.0059.5%17.0%51.5%18.6%0.0%27.6%-20.8%-15.6K469.5K-2.5K0.00112.82N/AN/A00531,024