MANH Options History — August 2009

In August 2009, MANH traded between $4.42 and $4.76. ATM implied volatility averaged 28.8%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.2% (HV 20d: 25.6%). Max pain ranged from $3.75 to $4.38. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days.

Notable Days

  • 2009-08-13: Highest Volume — 448 contracts
  • 2009-08-13: Largest IV spike — 48.6% change
  • 2009-08-13: Highest IV Rank — 20.8%
  • 2009-08-13: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.56$4.42$4.76$4.55$4.46
Max Pain$4.26$3.75$4.38$3.75$4.38
ATM IV28.8%22.1%32.9%32.1%31.5%
Expected Move8.5%6.5%9.4%9.2%9.0%
HV 20d25.6%21.2%30.0%30.0%21.2%
HV 60d35.5%32.5%38.1%38.0%32.8%
IV Rank13.7%2.1%20.8%19.4%18.4%
IV Percentile10.6%1.2%24.6%19.4%19.0%
Term Structure5.7%1.8%12.0%2.6%2.0%
VWIV33.4%33.1%33.7%33.1%33.7%
Skew 25d9.3%-5.0%17.1%7.4%17.1%
Skew 10d12.6%-5.2%32.0%13.3%32.0%
Call IV 25d22.3%16.0%29.0%25.3%26.5%
Put IV 25d31.5%20.9%43.6%32.7%43.6%
Bid-Ask Spread %99.9856.23122.12107.1474.54
Gamma HHI0.490.370.670.590.37
Net GEX13.8K6.6K22.7K21.0K7.0K
Net DEX-517.6K-835.5K-246.3K-564.7K-246.3K
Net VEX-2.7K-3.0K-2.2K-2.9K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume68.952044800
Total OI4,757.3334,3605,2284,3604,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-08-03$4.55$3.7532.1%9.2%30.0%19.4%0.0%7.4%2.6%21.0K-564.7K-2.9K0.00107.14003,0681,292
2009-08-04$4.53$3.7531.5%9.0%29.2%18.4%0.0%8.2%2.3%21.3K-548.3K-2.9K0.0088.03003,0681,292
2009-08-05$4.44$3.7529.7%8.5%29.7%15.2%0.0%8.8%3.5%22.7K-436.5K-2.8K0.0065.0001003,0681,292
2009-08-06$4.42$3.7528.5%8.2%29.1%13.3%0.0%8.7%4.2%22.1K-392.5K-2.9K0.0056.2302003,0681,392
2009-08-07$4.48$4.3830.6%9.1%29.1%16.9%0.0%-0.3%3.4%20.6K-469.9K-3.0K0.0079.06003,0681,536
2009-08-10$4.49$4.3829.6%9.3%28.6%15.1%0.0%8.5%2.5%21.2K-464.3K-2.9K0.00106.2201003,0681,536
2009-08-11$4.44$4.3829.4%9.3%29.2%14.7%0.0%6.1%4.0%19.2K-380.0K-2.9K0.00110.5902003,0681,636
2009-08-12$4.55$4.3822.1%8.6%27.4%2.1%0.0%10.5%5.3%17.9K-566.6K-2.8K0.00112.91003,0681,716
2009-08-13$4.59$4.3832.9%9.4%27.4%20.8%33.1%13.3%1.8%16.1K-586.7K-2.8K0.00104.5404483,0681,716
2009-08-14$4.58$4.3830.5%8.8%25.3%16.7%0.0%15.4%4.6%9.6K-516.0K-3.0K0.00121.81003,0682,160
2009-08-17$4.52$4.3831.4%9.0%25.6%18.3%0.0%8.4%3.4%11.2K-436.7K-2.9K0.00116.28003,0682,160
2009-08-18$4.59$4.3831.8%9.1%25.9%18.9%33.7%13.4%5.6%9.6K-541.4K-2.8K0.00101.6203003,0682,160
2009-08-19$4.66$4.3827.6%7.9%24.0%11.7%0.0%13.4%11.8%10.6K-649.8K-2.6K0.00115.83003,0682,076
2009-08-20$4.69$4.3827.7%7.9%21.6%11.7%0.0%11.4%10.0%11.0K-691.8K-2.4K0.00110.99003,0322,076
2009-08-21$4.76$4.3822.6%6.5%21.9%2.8%0.0%-5.0%5.3%9.2K-835.5K-2.2K0.00122.12003,0322,076
2009-08-24$4.67$4.3826.7%7.6%23.1%10.0%0.0%10.5%12.0%6.6K-612.3K-2.3K0.00103.16002,6881,936
2009-08-25$4.61$4.3826.4%7.6%23.3%9.5%0.0%10.7%10.5%7.3K-509.2K-2.4K0.00109.74002,6881,936
2009-08-26$4.62$4.3825.8%7.4%23.1%8.4%0.0%12.5%11.7%7.5K-524.7K-2.3K0.0087.78002,6881,936
2009-08-27$4.60$4.3827.0%7.7%21.2%10.5%0.0%9.5%10.6%9.2K-492.2K-2.4K0.00103.37002,6881,936
2009-08-28$4.53$4.3829.7%8.5%21.4%15.2%0.0%6.3%3.6%8.2K-403.1K-2.4K0.00102.5501002,6881,936
2009-08-31$4.46$4.3831.5%9.0%21.2%18.4%0.0%17.1%2.0%7.0K-246.3K-2.4K0.0074.54002,6882,032