MANH Options History — August 2010

In August 2010, MANH traded between $6.31 and $6.77. ATM implied volatility averaged 31.1%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 0.7% (HV 20d: 30.4%). Max pain ranged from $6.25 to $7.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 9.70.

Notable Days

  • 2010-08-12: Highest Volume — 384 contracts
  • 2010-08-19: Largest IV spike — 49.1% change
  • 2010-08-20: Highest IV Rank — 62.8%
  • 2010-08-20: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.50$6.31$6.77$6.72$6.51
Max Pain$7.27$6.25$7.50$6.25$7.50
ATM IV31.1%21.4%50.8%26.9%32.4%
Expected Move9.2%6.1%14.6%7.7%9.3%
HV 20d30.4%22.1%36.3%35.6%28.1%
HV 60d32.1%29.4%35.9%35.9%29.7%
IV Rank24.6%5.7%62.8%16.4%26.9%
IV Percentile53.5%5.6%97.6%26.2%70.2%
Term Structure5.4%-23.2%14.3%12.4%5.2%
VWIV30.0%30.0%30.0%30.0%30.0%
Skew 25d6.4%-1.5%18.9%13.5%6.0%
Skew 10d4.7%-8.5%11.8%11.8%3.0%
Call IV 25d24.5%19.1%34.7%19.1%25.7%
Put IV 25d30.9%24.8%42.5%32.6%31.6%
Bid-Ask Spread %66.8212.28125.9826.0012.28
Gamma HHI0.590.410.870.470.45
Net GEX-44.3K-130.4K-9.2K-22.1K-14.8K
Net DEX649.0K423.2K1.1M476.6K563.1K
Net VEX-4.6K-5.6K-3.8K-5.5K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.700.0071.003.600.00
Total Volume73.45503841848
Total OI7,358.1825,6088,4007,8325,728

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2010-08-02$6.72$6.2526.9%7.7%35.6%16.4%0.0%13.5%12.4%-22.1K476.6K-5.5K3.6026.00401443,9083,924
2010-08-03$6.67$6.2528.4%8.2%35.2%19.3%0.0%12.3%9.4%-27.0K595.7K-5.6K0.0036.728803,8684,068
2010-08-04$6.77$6.2521.4%6.1%34.6%5.7%0.0%7.6%0.9%-16.8K423.2K-5.2K0.0053.090403,9564,068
2010-08-05$6.61$6.2531.4%9.0%34.9%25.0%0.0%8.3%2.6%-33.5K633.1K-5.4K0.0041.93003,9564,108
2010-08-06$6.55$7.5021.5%9.3%34.9%5.9%0.0%-1.5%6.8%-50.3K638.6K-5.1K71.0043.2842843,9564,068
2010-08-09$6.62$7.5026.3%7.8%35.1%15.1%0.0%4.9%10.3%-41.5K572.4K-5.1K0.00125.98003,9564,136
2010-08-10$6.51$7.5025.5%9.1%34.0%13.6%0.0%7.8%9.6%-59.2K672.0K-5.3K0.00109.31003,9564,136
2010-08-11$6.31$7.5032.5%9.7%35.3%27.2%0.0%0.4%12.3%-73.6K1.0M-5.0K0.0085.91003,9564,136
2010-08-12$6.31$7.5027.0%7.7%35.3%16.5%0.0%3.9%14.3%-130.4K1.1M-4.4K0.8197.322121723,9564,136
2010-08-13$6.33$7.5031.8%9.1%35.1%25.8%0.0%3.4%6.1%-91.6K891.8K-4.8K2.2096.5440884,1284,140
2010-08-16$6.32$7.5032.0%9.2%35.0%26.3%0.0%5.8%7.5%-110.8K1.0M-4.3K0.0096.62004,1284,228
2010-08-17$6.50$7.5028.1%8.0%36.3%18.6%0.0%6.9%12.5%-60.2K560.6K-4.4K0.0095.62004,1284,228
2010-08-18$6.51$7.5031.4%9.0%30.2%25.0%30.0%6.1%7.7%-36.9K452.5K-4.5K0.00109.720884,1284,228
2010-08-19$6.42$7.5046.8%13.4%22.3%55.0%0.0%3.7%-17.9%-72.2K564.5K-4.1K0.00119.210404,1284,272
2010-08-20$6.47$7.5050.8%14.6%22.2%62.8%0.0%18.9%-23.2%-50.9K510.9K-4.1K0.00113.430444,1284,232
2010-08-23$6.42$7.5031.6%9.1%22.1%25.4%0.0%2.2%6.8%-13.8K641.0K-4.0K0.0055.50002,9042,704
2010-08-24$6.41$7.5032.0%9.2%22.1%26.3%0.0%4.5%4.7%-15.9K671.8K-3.8K0.0046.254002,9042,704
2010-08-25$6.50$7.5027.2%7.8%22.2%16.8%0.0%7.0%11.6%-14.8K610.5K-3.9K0.0022.47002,9442,704
2010-08-26$6.39$7.5032.1%9.2%22.7%26.5%0.0%3.3%5.5%-15.0K644.7K-3.9K0.0036.19002,9442,704
2010-08-27$6.66$7.5034.1%9.8%27.3%30.4%0.0%10.0%6.5%-9.2K498.3K-4.1K0.0021.60002,9442,704
2010-08-30$6.53$7.5033.7%9.7%28.2%29.6%0.0%6.0%7.6%-12.9K577.6K-4.0K0.0024.9828402,9442,704
2010-08-31$6.51$7.5032.4%9.3%28.1%26.9%0.0%6.0%5.2%-14.8K563.1K-3.9K0.0012.28803,0242,704