MANH Options History — April 2013

In April 2013, MANH traded between $17.17 and $18.35. ATM implied volatility averaged 26.8%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 10.8% (HV 20d: 16.0%). Max pain ranged from $15.00 to $18.75. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.66.

Notable Days

  • 2013-04-22: Highest Volume — 388 contracts
  • 2013-04-24: Largest IV drop — 30.4% change
  • 2013-04-23: Highest IV Rank — 42.1%
  • 2013-04-23: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.58$17.17$18.35$18.35$17.55
Max Pain$17.73$15.00$18.75$15.00$17.50
ATM IV26.8%20.3%34.8%20.8%20.4%
Expected Move7.9%5.8%10.0%6.0%5.9%
HV 20d16.0%12.6%18.2%18.2%16.5%
HV 60d23.6%18.5%24.7%24.6%18.5%
IV Rank25.9%13.6%42.1%14.5%15.8%
IV Percentile52.8%13.5%88.5%17.9%16.7%
Term Structure-0.9%-6.8%6.7%6.4%2.3%
VWIV27.6%20.4%39.3%20.6%20.4%
Skew 25d6.0%4.1%8.3%5.4%8.3%
Skew 10d11.5%-2.1%21.6%6.1%13.4%
Call IV 25d25.0%16.3%33.3%19.0%16.3%
Put IV 25d31.0%23.6%38.9%24.4%24.6%
Bid-Ask Spread %85.1259.5696.6292.1895.88
Gamma HHI0.240.160.360.330.20
Net GEX22.7K-19.5K60.3K42.8K-9.9K
Net DEX-1.9M-4.0M413.8K-4.0M35.7K
Net VEX-8.7K-10.6K-7.1K-10.6K-7.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.660.006.630.000.00
Total Volume560388440
Total OI7,1283,0008,9848,7363,556

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-04-01$18.35$15.0020.8%6.0%18.2%14.5%20.6%5.4%6.4%42.8K-4.0M-10.6K0.0092.18403,8964,840
2013-04-02$18.25$15.0020.3%5.8%17.1%13.6%0.0%4.1%6.7%42.3K-3.9M-10.6K0.0093.13003,8964,840
2013-04-03$17.93$15.0024.0%6.9%17.8%19.5%0.0%5.1%5.7%39.6K-3.3M-10.4K0.0088.694803,8964,840
2013-04-04$17.95$15.0025.1%7.2%17.9%21.2%0.0%4.5%4.3%40.8K-3.4M-10.6K0.0091.26003,9364,840
2013-04-05$17.79$18.7525.2%8.5%17.5%21.5%29.9%5.6%-2.5%38.4K-3.1M-10.2K0.1772.392443,9364,840
2013-04-08$17.63$18.7525.5%8.6%17.7%22.0%0.0%4.9%-2.6%38.0K-2.8M-9.7K0.0074.24003,9564,840
2013-04-09$17.57$18.7525.1%8.6%14.0%21.2%27.6%5.7%-2.5%37.4K-2.8M-9.5K1.2576.3132403,9564,840
2013-04-10$17.80$18.7525.0%8.5%14.9%21.2%0.0%6.4%-2.4%36.3K-3.1M-9.5K0.0080.11003,9884,880
2013-04-11$17.77$18.7530.2%8.6%13.7%29.4%0.0%4.2%-2.4%33.7K-3.1M-9.2K0.0082.75403,9884,880
2013-04-12$17.73$18.7530.7%8.8%12.6%30.3%0.0%5.3%-2.9%34.5K-3.0M-9.1K0.0080.64003,9844,880
2013-04-15$17.25$18.7532.1%9.2%15.6%32.6%24.8%5.6%-4.1%28.0K-2.2M-8.4K0.2059.56120243,9844,880
2013-04-16$17.48$18.7531.0%8.9%16.3%35.1%0.0%6.0%-3.6%33.5K-2.6M-8.5K0.0082.97004,1044,880
2013-04-17$17.24$18.7531.9%9.2%16.3%36.9%0.0%5.2%-4.1%29.2K-2.2M-8.2K0.0078.58004,1044,876
2013-04-18$17.32$18.7532.6%9.3%15.7%38.1%36.2%6.5%-4.4%36.6K-2.3M-8.1K0.0084.10044,1044,876
2013-04-19$17.38$18.7531.4%9.0%15.9%36.0%0.0%6.8%-4.2%60.3K-2.1M-7.7K0.0084.73004,1044,876
2013-04-22$17.37$18.7532.9%9.4%15.9%38.6%39.3%6.5%-3.1%2.7K245.8K-7.4K3.8584.77803081,4321,568
2013-04-23$17.22$17.5034.8%10.0%15.9%42.1%33.7%5.6%-6.8%-3.3K271.5K-7.6K6.6390.22322121,5121,780
2013-04-24$17.25$17.5024.2%6.9%15.6%22.7%21.7%7.7%-0.4%-15.0K352.0K-7.4K1.9296.62521001,5401,936
2013-04-25$17.17$17.5022.7%6.5%15.6%19.9%22.9%6.7%0.5%-19.5K413.8K-7.4K4.2593.2816681,5722,032
2013-04-26$17.26$17.5021.9%6.3%15.7%18.4%26.7%7.6%0.9%-15.2K351.0K-7.4K0.0094.81041,5842,020
2013-04-29$17.48$17.5022.4%6.4%16.4%19.3%0.0%8.3%0.3%-10.5K84.5K-7.1K0.0095.481601,5841,960
2013-04-30$17.55$17.5020.4%5.9%16.5%15.8%20.4%8.3%2.3%-9.9K35.7K-7.2K0.0095.880401,5961,960