MANH Options History — February 2007

Name: MANH Options Analytics - February 2007
Creator: Options Analysis Suite

In February 2007, MANH traded between $6.90 and $7.36. ATM implied volatility averaged 34.1%. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 10.2% (HV 20d: 23.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.98.

Notable Days

2007-02-20: Highest Volume — 764 contracts
2007-02-08: Largest IV drop — 50.0% change
2007-02-01: Largest Expected Move — 13.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.14	$6.90	$7.36	$7.00	$6.96
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	34.1%	25.3%	54.6%	46.7%	34.1%
Expected Move	8.8%	7.2%	13.4%	13.4%	9.8%
HV 20d	23.8%	12.2%	32.6%	18.7%	32.6%
Term Structure	-2.0%	-11.5%	1.3%	-11.5%	-5.3%
VWIV	34.3%	26.7%	50.8%	50.8%	28.5%
Skew 25d	6.6%	-7.5%	15.5%	9.2%	-7.5%
Skew 10d	12.2%	-7.5%	23.5%	12.5%	-7.5%
Call IV 25d	29.1%	25.3%	45.6%	45.6%	35.2%
Put IV 25d	35.7%	26.0%	54.8%	54.8%	27.7%
Bid-Ask Spread %	30.44	14.45	76.62	17.26	47.00
Gamma HHI	0.57	0.45	0.75	0.54	0.45
Net GEX	35.6K	957	93.5K	30.9K	957
Net DEX	129.1K	-744.5K	1.1M	187.6K	-230.2K
Net VEX	-6.9K	-10.0K	-5.1K	-10.0K	-5.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.98	0.00	15.00	0.50	0.00
Total Volume	169.263	0	764	120	0
Total OI	10,686.316	5,588	13,600	12,916	6,392

Daily Data (19 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 Vol	Put Vol	Call OI	Put OI
2007-02-01	$7.00	$7.50	46.7%	13.4%	18.7%	0.0%	50.8%	9.2%	-11.5%	30.9K	187.6K	-10.0K	0.50	17.26	80	40	6,712	6,204
2007-02-02	$7.04	$7.50	47.3%	10.3%	15.0%	0.0%	0.0%	7.7%	-4.2%	33.5K	130.3K	-9.7K	0.00	26.38	0	0	6,792	6,244
2007-02-05	$6.95	$7.50	52.7%	10.4%	12.6%	0.0%	0.0%	6.4%	-4.9%	29.2K	368.9K	-9.1K	0.00	25.85	40	0	6,792	6,244
2007-02-06	$6.96	$7.50	53.8%	10.4%	12.2%	0.0%	0.0%	6.3%	-4.4%	32.8K	405.7K	-8.9K	0.00	27.14	0	0	6,832	6,244
2007-02-07	$7.21	$7.50	54.6%	10.2%	17.9%	0.0%	36.0%	10.4%	-3.5%	46.2K	-449.8K	-9.1K	0.65	25.57	424	276	6,792	6,244
2007-02-08	$6.90	$7.50	27.3%	7.8%	24.0%	0.0%	35.5%	6.4%	-0.4%	28.3K	977.0K	-7.9K	0.97	36.90	264	256	7,116	6,484
2007-02-09	$7.08	$7.50	27.8%	8.0%	25.4%	0.0%	39.2%	9.7%	-1.0%	58.9K	646.0K	-7.6K	1.00	15.09	40	40	7,076	6,428
2007-02-12	$7.21	$7.50	27.4%	7.8%	26.4%	0.0%	31.3%	7.5%	0.4%	93.5K	358.7K	-6.9K	3.33	25.81	12	40	7,036	6,440
2007-02-13	$7.15	$7.50	28.3%	8.1%	26.5%	0.0%	0.0%	5.8%	-0.9%	54.0K	1.0M	-6.1K	0.00	24.98	0	0	7,048	6,480
2007-02-14	$7.21	$7.50	28.2%	8.1%	26.5%	0.0%	0.0%	7.9%	-0.6%	73.0K	859.3K	-5.9K	0.00	26.16	0	0	7,048	6,480
2007-02-15	$7.20	$7.50	27.5%	7.9%	25.8%	0.0%	27.6%	8.1%	-0.6%	54.0K	1.1M	-5.8K	0.00	26.11	80	0	7,048	6,480
2007-02-16	$7.19	$7.50	26.9%	7.7%	25.8%	0.0%	0.0%	8.4%	-0.1%	48.6K	1.1M	-5.5K	0.00	26.80	0	0	7,048	6,480
2007-02-20	$7.34	$7.50	27.6%	7.9%	26.1%	0.0%	32.8%	15.5%	1.3%	12.6K	-677.7K	-5.1K	0.75	23.67	436	328	2,424	3,164
2007-02-21	$7.33	$7.50	27.1%	7.8%	26.1%	0.0%	40.3%	13.7%	0.3%	17.2K	-737.7K	-5.6K	15.00	30.08	8	120	2,792	3,344
2007-02-22	$7.33	$7.50	26.7%	7.6%	26.1%	0.0%	26.7%	10.2%	0.2%	17.8K	-741.5K	-5.6K	0.71	14.45	56	40	2,800	3,364
2007-02-23	$7.26	$7.50	28.5%	8.2%	26.1%	0.0%	28.5%	-0.0%	-1.8%	18.6K	-677.5K	-5.6K	0.80	41.55	300	240	2,856	3,404
2007-02-26	$7.36	$7.50	29.4%	8.4%	26.4%	0.0%	0.0%	1.9%	-1.2%	18.7K	-744.5K	-5.6K	0.00	40.98	0	16	2,860	3,488
2007-02-27	$6.99	$7.50	25.3%	7.2%	32.6%	0.0%	28.5%	-2.4%	0.5%	7.0K	-340.5K	-5.5K	0.00	76.62	80	0	2,860	3,500
2007-02-28	$6.96	$7.50	34.1%	9.8%	32.6%	0.0%	0.0%	-7.5%	-5.3%	957	-230.2K	-5.7K	0.00	47.00	0	0	2,892	3,500