MANH Options History — December 2010

In December 2010, MANH traded between $7.63 and $8.00. ATM implied volatility averaged 56.6%, placing in the 53.8% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 40.7% (HV 20d: 15.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2010-12-01: Highest Volume — 88 contracts
  • 2010-12-28: Largest IV spike — 129.3% change
  • 2010-12-01: Highest IV Rank — 100.0%
  • 2010-12-01: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.90$7.63$8.00$7.91$7.63
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV56.6%30.0%107.1%76.9%30.1%
Expected Move13.2%7.9%22.0%22.0%8.6%
HV 20d15.9%13.3%18.6%18.6%14.9%
HV 60d22.9%18.3%25.5%25.5%18.3%
IV Rank53.8%14.6%100.0%100.0%14.6%
IV Percentile87.3%40.5%100.0%100.0%40.5%
Term Structure-11.5%-47.4%11.4%-47.4%11.4%
VWIV31.9%31.9%31.9%31.9%31.9%
Skew 25d4.0%-55.0%31.5%8.8%4.8%
Skew 10d8.8%-20.5%29.6%29.6%2.8%
Call IV 25d45.3%18.6%120.0%88.0%25.2%
Put IV 25d49.3%25.9%107.0%96.8%30.0%
Bid-Ask Spread %132.65110.34151.61149.01112.87
Gamma HHI0.400.280.500.500.50
Net GEX-4.6K-8.3K-2.5K-5.7K-8.3K
Net DEX-177.0K-218.6K-136.6K-171.6K-140.0K
Net VEX-1.1K-1.4K-950-1.1K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.001.001.001.001.00
Total Volume13.8180888812
Total OI1,687.0911,5681,7241,5681,724

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2010-12-01$7.91$7.5076.9%22.0%18.6%100.0%0.0%8.8%-47.4%-5.7K-171.6K-1.1K0.00149.01088668900
2010-12-02$7.95$7.5061.0%17.5%18.3%73.5%0.0%16.4%9.6%-4.6K-171.5K-1.3K0.00150.8600668972
2010-12-03$7.92$7.5066.0%18.9%17.7%81.9%0.0%-55.0%-34.3%-5.7K-155.4K-1.3K0.00151.6100668972
2010-12-06$7.94$7.5030.0%8.5%17.4%21.8%0.0%4.4%4.5%-5.6K-194.0K-1.1K0.00110.3400668972
2010-12-07$7.93$7.5058.0%7.9%17.3%68.5%0.0%5.5%7.7%-4.5K-193.7K-1.1K0.00113.51084668972
2010-12-08$7.89$7.5055.2%8.6%16.7%63.8%0.0%-4.3%-3.3%-5.7K-178.2K-1.1K0.00116.20006681,056
2010-12-09$7.88$7.5066.3%10.4%16.5%82.4%0.0%-4.0%-9.7%-6.3K-174.5K-1.1K0.00135.94006681,056
2010-12-10$7.98$7.5073.5%10.2%15.4%94.3%0.0%-1.5%-10.2%-4.7K-176.1K-1.3K0.00138.61006681,056
2010-12-13$7.89$7.5091.0%15.5%16.2%100.0%0.0%25.6%-10.3%-3.6K-136.6K-1.4K0.00133.23006681,056
2010-12-14$7.96$7.50107.1%10.7%16.2%100.0%0.0%-7.0%-6.4%-6.1K-198.1K-9990.00135.98006681,056
2010-12-15$7.92$7.5038.4%11.0%14.9%23.8%0.0%6.2%-11.9%-3.9K-218.6K-1.0K0.00132.01006681,056
2010-12-16$8.00$7.5043.0%12.3%14.4%28.9%0.0%7.1%-11.9%-2.9K-195.2K-1.1K0.00140.66006681,056
2010-12-17$7.97$7.5044.8%12.8%13.8%30.9%0.0%28.1%-1.0%-2.6K-197.7K-1.1K0.00140.990406681,056
2010-12-20$7.85$7.5041.5%11.9%14.7%27.3%0.0%16.5%-20.2%-3.5K-214.6K-1.0K0.00127.88006681,016
2010-12-21$7.98$7.5052.6%15.1%15.8%39.6%0.0%31.5%-2.2%-3.6K-171.7K-1.3K0.00133.79006681,016
2010-12-22$7.97$7.5050.3%14.4%15.8%37.0%0.0%7.9%-9.5%-2.6K-185.3K-1.1K0.00134.64006681,016
2010-12-23$7.88$7.5071.6%20.5%15.8%60.7%0.0%4.7%-19.7%-2.6K-150.8K-1.2K0.00134.23006681,016
2010-12-27$7.88$7.5032.7%9.4%15.8%17.5%0.0%14.9%0.4%-4.9K-199.2K-9500.00125.44006681,016
2010-12-28$7.82$7.5075.0%21.5%14.8%64.4%0.0%4.8%-38.4%-2.5K-140.3K-1.2K0.00135.48006681,016
2010-12-29$7.83$7.5036.8%10.5%14.7%22.0%0.0%12.7%-9.4%-5.5K-184.9K-9710.00127.70006681,016
2010-12-30$7.80$7.5043.8%12.6%13.3%29.8%0.0%-39.9%-41.6%-5.0K-145.0K-1.1K1.00137.3240406681,016
2010-12-31$7.63$7.5030.1%8.6%14.9%14.6%31.9%4.8%11.4%-8.3K-140.0K-1.1K0.00112.870127081,016