MANH Options History — March 2007

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

In March 2007, MANH traded between $6.54 and $7.00. ATM implied volatility averaged 29.8%. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 0.3% (HV 20d: 30.1%). Max pain ranged from $6.25 to $7.50. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 62.31.

Notable Days

2007-03-09: Highest Volume — 2,912 contracts
2007-03-06: Largest IV drop — 48.9% change
2007-03-05: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.80	$6.54	$7.00	$7.00	$6.86
Max Pain	$6.36	$6.25	$7.50	$7.50	$6.25
ATM IV	29.8%	17.4%	44.0%	33.6%	17.4%
Expected Move	8.8%	5.0%	10.0%	9.6%	5.0%
HV 20d	30.1%	24.8%	35.5%	32.6%	25.7%
HV 60d	26.8%	26.2%	27.3%	27.2%	26.2%
Term Structure	3.7%	-5.1%	20.4%	-5.1%	20.4%
VWIV	30.9%	24.2%	33.2%	30.7%	31.1%
Skew 25d	4.2%	-2.0%	13.8%	8.8%	1.9%
Skew 10d	5.9%	-4.3%	18.7%	11.2%	1.7%
Call IV 25d	27.8%	16.2%	34.3%	33.5%	16.2%
Put IV 25d	32.0%	18.1%	42.3%	42.3%	18.1%
Bid-Ask Spread %	31.41	6.37	43.33	38.18	6.37
Gamma HHI	0.54	0.45	0.72	0.45	0.72
Net GEX	-56.8K	-94.8K	3.5K	3.5K	-94.8K
Net DEX	1.4M	-274.6K	2.5M	-274.6K	2.2M
Net VEX	-10.0K	-13.9K	-5.0K	-5.7K	-11.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	62.31	0.00	599.00	0.00	0.00
Total Volume	469.091	0	2,912	40	684
Total OI	9,637.273	6,392	11,612	6,392	11,612

Daily Data (22 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
2007-03-01	$7.00	$7.50	33.6%	9.6%	32.6%	0.0%	30.7%	8.8%	-5.1%	3.5K	-274.6K	-5.7K	0.00	38.18	40	0	2,892	3,500
2007-03-02	$6.86	$7.50	33.8%	9.7%	33.3%	0.0%	0.0%	1.0%	6.8%	-3.7K	-114.0K	-5.7K	0.00	38.74	0	0	2,892	3,500
2007-03-05	$6.73	$6.25	44.0%	10.0%	33.8%	0.0%	0.0%	5.4%	0.2%	-10.7K	43.7K	-5.5K	0.00	29.49	0	0	2,892	3,500
2007-03-06	$6.94	$6.25	22.5%	7.8%	35.5%	0.0%	0.0%	7.2%	3.6%	-483	-178.7K	-5.3K	0.00	35.54	60	0	2,892	3,500
2007-03-07	$6.95	$6.25	21.8%	8.1%	35.5%	0.0%	0.0%	5.5%	2.3%	1.0K	-218.9K	-5.2K	0.00	39.45	0	0	2,920	3,500
2007-03-08	$6.81	$6.25	28.6%	9.4%	33.5%	0.0%	0.0%	3.8%	1.5%	-9.3K	-27.3K	-5.0K	0.00	38.78	0	40	2,920	3,500
2007-03-09	$6.72	$6.25	26.4%	9.5%	29.9%	0.0%	0.0%	6.1%	4.2%	-14.6K	98.6K	-5.0K	9.40	29.83	280	2,632	2,920	3,500
2007-03-12	$6.72	$6.25	29.9%	10.0%	28.3%	0.0%	0.0%	5.6%	0.4%	-46.6K	1.3M	-8.9K	599.00	28.33	4	2,396	3,180	6,116
2007-03-13	$6.54	$6.25	38.1%	9.4%	28.4%	0.0%	32.7%	13.8%	1.4%	-75.1K	2.1M	-10.3K	48.20	28.17	40	1,928	3,164	7,564
2007-03-14	$6.58	$6.25	28.2%	9.2%	28.6%	0.0%	32.0%	4.3%	3.2%	-77.2K	2.4M	-11.5K	1.00	27.01	40	40	3,196	8,308
2007-03-15	$6.67	$6.25	33.2%	9.5%	29.0%	0.0%	33.2%	2.9%	2.3%	-78.0K	2.2M	-11.8K	0.00	37.58	0	20	3,160	8,308
2007-03-16	$6.63	$6.25	32.2%	9.2%	29.0%	0.0%	0.0%	13.3%	1.8%	-80.0K	2.3M	-11.8K	0.00	33.51	0	0	3,156	8,328
2007-03-19	$6.61	$6.25	31.4%	9.0%	29.0%	0.0%	31.4%	1.3%	7.2%	-79.0K	2.3M	-11.6K	0.00	43.33	40	0	2,412	7,848
2007-03-20	$6.80	$6.25	34.2%	9.8%	29.9%	0.0%	33.2%	5.6%	4.7%	-74.6K	2.0M	-11.8K	14.85	34.20	80	1,188	2,452	7,848
2007-03-21	$6.95	$6.25	27.3%	7.8%	31.2%	0.0%	24.2%	1.7%	4.0%	-83.0K	2.1M	-13.6K	12.00	29.38	40	480	2,532	8,856
2007-03-22	$6.96	$6.25	28.9%	8.3%	31.3%	0.0%	29.9%	-0.3%	3.3%	-83.6K	2.1M	-13.9K	0.00	29.62	0	40	2,572	8,936
2007-03-23	$6.93	$6.25	32.0%	9.2%	31.1%	0.0%	32.0%	-2.0%	0.4%	-85.2K	2.1M	-13.6K	1.00	32.96	40	40	2,572	8,960
2007-03-26	$6.92	$6.25	23.8%	6.8%	30.6%	0.0%	28.7%	-1.0%	4.5%	-86.0K	2.2M	-13.4K	0.00	30.18	40	0	2,548	8,960
2007-03-27	$6.94	$6.25	24.4%	7.0%	24.8%	0.0%	31.9%	-0.4%	3.5%	-87.2K	2.1M	-13.3K	0.00	30.63	0	40	2,548	8,960
2007-03-28	$6.79	$6.25	33.4%	9.6%	26.0%	0.0%	0.0%	-1.2%	3.3%	-91.4K	2.4M	-12.7K	0.00	32.33	0	0	2,548	9,000
2007-03-29	$6.75	$6.25	31.0%	8.9%	25.9%	0.0%	31.1%	9.4%	6.6%	-94.7K	2.5M	-12.4K	0.00	17.35	0	88	2,548	9,000
2007-03-30	$6.86	$6.25	17.4%	5.0%	25.7%	0.0%	0.0%	1.9%	20.4%	-94.8K	2.2M	-11.6K	0.00	6.37	0	684	2,548	9,064