MANH Options History — October 2009

In October 2009, MANH traded between $4.96 and $5.96. ATM implied volatility averaged 30.4%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 9.4% (HV 20d: 39.8%). Max pain ranged from $4.38 to $5.63. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.67.

Notable Days

  • 2009-10-27: Highest Volume — 1,864 contracts
  • 2009-10-14: Largest IV spike — 76.0% change
  • 2009-10-20: Highest IV Rank — 34.0%
  • 2009-10-14: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.47$4.96$5.96$4.97$5.74
Max Pain$4.69$4.38$5.63$4.38$5.00
ATM IV30.4%21.0%40.5%29.8%33.3%
Expected Move10.0%7.5%12.0%8.6%9.6%
HV 20d39.8%21.6%56.8%23.3%56.2%
HV 60d30.6%23.0%37.0%24.7%36.7%
IV Rank16.4%0.2%34.0%15.5%21.6%
IV Percentile21.8%0.4%51.6%18.7%40.1%
Term Structure-1.4%-6.6%7.7%7.7%0.2%
VWIV32.6%17.1%40.9%30.8%31.3%
Skew 25d5.3%-3.7%11.8%4.4%8.5%
Skew 10d8.5%-11.3%20.9%7.0%7.8%
Call IV 25d29.6%15.1%38.0%26.1%21.3%
Put IV 25d34.8%23.7%43.5%30.5%29.7%
Bid-Ask Spread %76.5927.76134.53113.5361.73
Gamma HHI0.550.360.870.450.69
Net GEX17.0K-15.0K41.0K9.1K41.0K
Net DEX-687.3K-989.7K-472.9K-594.5K-908.7K
Net VEX-1.8K-6.6K-681-918-6.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.002.720.000.16
Total Volume354.18201,8642000
Total OI3,835.2731,9367,3803,3687,380

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-10-01$4.97$4.3829.8%8.6%23.3%15.5%0.0%4.4%7.7%9.1K-594.5K-9180.00113.5320001,9041,464
2009-10-02$4.96$4.3830.8%8.8%23.0%17.1%30.8%2.9%7.3%9.7K-617.6K-1.0K0.00134.530122,0201,464
2009-10-05$5.01$4.3829.1%11.0%22.7%14.1%0.0%3.3%-1.8%12.3K-652.8K-9330.0027.761602,0201,476
2009-10-06$5.12$4.3828.4%11.1%22.8%13.1%0.0%6.2%-3.7%13.9K-702.2K-8950.0035.85002,0201,476
2009-10-07$5.08$4.3827.7%10.7%21.7%11.8%0.0%4.0%-2.5%14.1K-687.9K-8860.0029.20002,0201,476
2009-10-08$5.05$4.3824.6%11.2%21.6%6.4%0.0%2.9%-4.1%15.3K-671.6K-8710.0031.67001,9961,476
2009-10-09$5.17$4.3821.0%11.4%22.4%0.2%0.0%6.7%-3.8%13.9K-722.3K-8530.0033.44001,9961,476
2009-10-12$5.19$4.3827.1%11.9%21.8%10.7%0.0%9.0%-6.6%13.1K-733.2K-8430.0071.38001,9961,476
2009-10-13$5.14$4.3823.0%11.7%22.4%3.6%0.0%5.0%-5.5%14.8K-717.5K-8290.0075.37001,9961,476
2009-10-14$5.22$4.3840.4%12.0%21.7%33.9%0.0%9.0%-6.3%12.3K-743.7K-8110.0081.95001,9961,476
2009-10-15$5.96$4.3834.6%9.9%50.3%23.8%35.2%2.1%-3.1%7.6K-989.7K-6810.7978.677405841,9961,476
2009-10-16$5.75$5.6338.2%11.0%52.1%30.1%37.9%8.2%-4.1%-15.0K-898.0K-1.1K1.6291.621041682,4161,976
2009-10-19$5.82$4.3839.9%11.4%51.9%33.1%30.0%-3.7%-4.9%17.7K-594.6K-1.1K1.5283.361842801,780156
2009-10-20$5.75$5.0040.5%11.6%52.0%34.0%37.6%5.5%-6.2%17.0K-569.7K-1.3K0.0477.8320081,964436
2009-10-21$5.60$5.0028.6%8.2%53.2%13.3%40.9%0.9%-1.0%16.4K-472.9K-1.0K2.72120.011845002,120444
2009-10-22$5.88$5.0027.3%7.8%55.4%11.1%17.1%11.8%0.2%20.2K-548.0K-1.7K0.5084.7596482,172944
2009-10-23$5.79$5.0026.2%7.5%55.9%9.1%0.0%6.4%0.3%18.8K-516.9K-1.7K0.2392.496001402,248908
2009-10-26$5.80$5.0026.8%7.7%55.9%10.2%0.0%7.5%0.8%25.7K-628.7K-2.5K0.2998.81204602,8481,048
2009-10-27$5.84$5.0028.1%8.0%55.5%12.4%0.0%2.3%1.1%29.8K-691.0K-2.9K0.5294.881,2286363,0481,108
2009-10-28$5.69$5.0031.3%9.0%56.8%18.0%0.0%5.2%2.2%28.7K-614.3K-4.5K0.2868.021,1563284,2001,704
2009-10-29$5.75$5.0031.4%9.0%56.2%18.1%31.3%7.5%2.6%38.1K-843.8K-6.5K0.1698.22100165,3521,952
2009-10-30$5.74$5.0033.3%9.6%56.2%21.6%0.0%8.5%0.2%41.0K-908.7K-6.6K0.0061.73005,4121,968