MANH Options History — June 2008

In June 2008, MANH traded between $5.93 and $6.63. ATM implied volatility averaged 33.5%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 5.6% (HV 20d: 27.9%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-06-26: Highest Volume — 520 contracts
  • 2008-06-23: Largest IV drop — 8.8% change
  • 2008-06-05: Highest IV Rank — 38.2%
  • 2008-06-05: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.40$5.93$6.63$6.22$5.93
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV33.5%31.1%36.4%34.6%33.0%
Expected Move9.7%8.9%10.4%9.9%9.4%
HV 20d27.9%25.0%30.6%25.5%29.9%
HV 60d40.5%39.8%41.5%41.2%41.1%
IV Rank32.6%27.8%38.2%34.6%31.4%
IV Percentile24.5%10.3%46.4%31.7%19.0%
Term Structure3.3%-0.2%8.1%1.7%6.9%
VWIV33.3%32.3%34.4%32.3%33.5%
Skew 25d5.3%-4.7%12.7%-4.7%-2.5%
Skew 10d5.9%-6.6%24.8%-6.6%-2.1%
Call IV 25d26.9%21.8%35.3%32.4%35.3%
Put IV 25d32.2%27.4%38.2%27.7%32.8%
Bid-Ask Spread %41.9112.1594.1141.9023.44
Gamma HHI0.440.380.510.490.50
Net GEX-6.8K-12.3K-2.9K-10.8K-9.2K
Net DEX-350.9K-644.4K133.0K-2.4K133.0K
Net VEX-4.5K-5.1K-3.7K-4.9K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume89.714052026020
Total OI5,177.3334,4365,6965,3284,436

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-06-02$6.22$6.2534.6%9.9%25.5%34.6%0.0%-4.7%1.7%-10.8K-2.4K-4.9K0.0041.9026002,9802,348
2008-06-03$6.38$6.2536.0%10.3%27.2%37.3%0.0%-0.8%1.6%-5.5K-238.7K-5.1K0.0013.500403,2282,308
2008-06-04$6.40$6.2536.1%10.4%26.9%37.6%0.0%0.9%0.7%-5.6K-298.9K-5.1K0.0017.74003,2282,348
2008-06-05$6.54$6.2536.4%10.4%27.4%38.2%0.0%8.5%-0.2%-4.2K-424.9K-5.1K0.0049.4802003,2282,348
2008-06-06$6.37$6.2533.5%9.3%28.9%32.5%32.3%7.2%4.7%-12.3K-275.3K-5.1K0.0094.1101203,2282,468
2008-06-09$6.43$6.2532.0%9.9%29.2%29.5%34.4%12.7%1.6%-5.8K-351.0K-4.8K0.0034.4902443,2282,228
2008-06-10$6.46$6.2532.6%9.8%28.2%30.6%0.0%12.2%1.5%-2.9K-436.2K-4.7K0.0033.740403,2282,112
2008-06-11$6.38$6.2533.3%9.8%28.4%32.0%0.0%11.5%1.7%-3.6K-361.5K-4.6K0.0020.55003,2282,152
2008-06-12$6.39$6.2533.2%9.5%28.0%31.9%0.0%9.3%2.1%-3.9K-387.2K-4.6K0.0052.48003,2282,152
2008-06-13$6.50$6.2533.9%9.7%28.6%33.3%0.0%12.0%2.2%-3.3K-476.0K-4.5K0.0022.304003,2282,152
2008-06-16$6.63$6.2534.3%9.8%29.4%34.1%0.0%11.6%2.1%-4.8K-644.4K-4.4K0.0044.33003,2682,152
2008-06-17$6.47$6.2532.5%9.3%30.6%30.5%0.0%4.3%3.3%-5.2K-523.5K-4.4K0.0043.40003,2682,152
2008-06-18$6.46$6.2531.1%8.9%30.3%27.8%0.0%8.0%5.3%-7.2K-495.2K-4.3K0.0081.59003,2682,152
2008-06-19$6.57$6.2532.9%9.4%28.0%31.3%32.9%7.7%3.2%-6.7K-597.1K-4.2K0.0043.6820003,2682,152
2008-06-20$6.47$6.2534.3%9.8%27.7%34.0%0.0%3.8%1.8%-3.9K-543.5K-4.4K0.0078.834003,3882,152
2008-06-23$6.49$6.2531.3%9.0%25.0%28.1%0.0%4.8%8.1%-8.0K-427.6K-4.2K0.0012.15002,5321,928
2008-06-24$6.40$6.2532.3%9.2%25.0%30.0%0.0%1.3%5.4%-8.8K-370.8K-4.2K0.0077.980402,5321,928
2008-06-25$6.49$6.2533.2%9.5%25.2%31.9%0.0%4.4%5.1%-9.1K-398.9K-4.2K0.0012.89002,5321,968
2008-06-26$6.30$6.2533.5%9.6%27.2%32.5%33.5%-0.2%5.5%-10.6K-234.4K-4.2K0.0029.1805202,5321,968
2008-06-27$6.07$6.2534.5%9.9%29.8%34.3%0.0%-0.4%4.1%-10.2K-14.1K-4.1K0.0052.2912002,5321,968
2008-06-30$5.93$6.2533.0%9.4%29.9%31.4%0.0%-2.5%6.9%-9.2K133.0K-3.7K0.0023.440202,4681,968