MANH Options History — October 2013

In October 2013, MANH traded between $22.88 and $27.43. ATM implied volatility averaged 28.0%, placing in the 58.7% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 0.6% (HV 20d: 28.6%). Max pain ranged from $21.25 to $23.75. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 3.52.

Notable Days

  • 2013-10-23: Highest Volume — 4,140 contracts
  • 2013-10-08: Largest IV spike — 56.4% change
  • 2013-10-22: Highest IV Rank — 90.4%
  • 2013-10-08: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.69$22.88$27.43$24.13$26.63
Max Pain$23.37$21.25$23.75$21.25$23.75
ATM IV28.0%20.3%36.8%25.7%24.2%
Expected Move8.2%5.8%10.3%7.4%6.9%
HV 20d28.6%15.4%55.0%15.9%54.7%
HV 60d26.2%21.5%35.5%21.6%35.5%
IV Rank58.7%33.7%90.4%44.2%49.5%
IV Percentile73.4%23.4%98.4%70.2%62.3%
Term Structure-1.6%-8.9%3.7%3.7%-0.9%
VWIV27.9%19.4%35.6%24.4%23.6%
Skew 25d4.9%2.6%8.4%5.6%3.1%
Skew 10d9.7%3.6%22.9%22.9%11.8%
Call IV 25d26.4%19.2%34.4%22.1%21.9%
Put IV 25d31.3%23.3%37.9%27.6%25.1%
Bid-Ask Spread %82.4066.33103.5593.4393.70
Gamma HHI0.310.160.750.210.41
Net GEX201.8K63.5K846.2K153.1K177.0K
Net DEX-7.9M-10.5M-3.2M-8.8M-7.6M
Net VEX-23.7K-28.4K-13.1K-27.0K-24.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.520.0031.000.164.25
Total Volume482.957404,140284252
Total OI12,520.878,73613,88412,97212,688

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-10-01$24.13$21.2525.7%7.4%15.9%44.2%24.4%5.6%3.7%153.1K-8.8M-27.0K0.1693.43244405,9846,988
2013-10-02$24.27$21.2525.9%7.4%15.4%44.9%24.9%6.1%3.1%149.5K-9.1M-25.8K17.0091.1381365,9767,028
2013-10-03$23.95$21.2525.4%7.3%16.1%43.5%0.0%5.3%3.7%135.9K-8.4M-26.5K0.7390.5044325,9767,108
2013-10-04$23.95$23.7524.6%8.3%16.0%40.8%30.5%4.5%-1.6%146.3K-8.5M-26.5K4.0068.8912486,0207,140
2013-10-07$23.44$23.7523.5%9.0%15.5%37.5%32.6%4.4%-2.3%128.4K-7.5M-26.0K9.2073.60201846,0327,188
2013-10-08$23.09$23.7536.8%10.3%15.5%80.0%0.0%6.3%-8.9%84.4K-6.1M-28.1K0.4379.4128126,0527,356
2013-10-09$22.88$23.7529.5%9.3%15.9%56.5%30.8%5.6%-2.0%63.5K-5.3M-28.4K1.0574.0680846,0407,368
2013-10-10$23.24$23.7530.4%8.7%16.8%59.5%30.4%6.8%-2.9%109.3K-6.5M-26.9K0.2081.30200406,0447,452
2013-10-11$23.83$23.7531.4%9.0%18.9%62.5%31.6%7.2%-3.3%185.2K-8.3M-25.9K0.0679.106846,2247,492
2013-10-14$23.80$23.7533.5%9.6%19.0%71.1%31.9%6.5%-4.4%201.8K-8.8M-24.0K1.3083.07921206,2287,496
2013-10-15$23.63$23.7532.5%9.3%19.1%82.8%32.1%3.4%-3.1%219.2K-8.6M-24.6K1.6781.5724406,3007,576
2013-10-16$23.66$23.7532.1%9.2%18.9%81.2%31.9%3.4%-3.6%260.3K-8.7M-23.4K0.0079.0816406,2807,552
2013-10-17$23.78$23.7532.2%9.2%19.0%81.3%31.7%4.4%-4.1%366.4K-9.2M-21.8K0.0584.17312166,3327,552
2013-10-18$23.76$23.7532.3%9.3%18.9%81.8%30.2%4.7%-3.9%846.2K-8.8M-22.9K0.4979.42180886,1967,560
2013-10-21$23.68$23.7534.3%9.8%18.9%90.0%34.0%2.6%-6.4%66.4K-3.2M-22.1K0.1286.08664803,4085,328
2013-10-22$23.82$22.5034.4%9.9%18.4%90.4%35.6%3.5%-4.9%115.7K-3.8M-23.9K0.2375.736481524,0245,388
2013-10-23$27.43$23.7521.5%6.2%53.3%38.7%23.6%4.9%1.0%217.6K-10.5M-13.1K0.3591.233,0601,0804,6445,536
2013-10-24$26.77$23.7524.7%7.1%54.3%51.6%22.2%8.4%2.4%200.7K-8.8M-19.6K0.16103.557161124,8966,396
2013-10-25$27.08$23.7520.3%5.8%54.0%33.7%20.2%3.0%1.4%230.4K-9.1M-20.0K3.6366.33321165,0166,400
2013-10-28$26.98$23.7520.6%5.9%54.1%35.1%19.4%4.7%1.3%227.9K-9.0M-19.3K0.7174.331681205,0446,492
2013-10-29$27.34$23.7522.4%6.4%54.1%42.1%22.2%3.5%-0.3%193.3K-9.5M-20.2K31.0081.10329925,0366,596
2013-10-30$26.76$23.7524.7%7.1%55.0%51.3%22.3%4.9%-0.8%163.7K-7.8M-24.5K4.2284.451084565,0567,492
2013-10-31$26.63$23.7524.2%6.9%54.7%49.5%23.6%3.1%-0.9%177.0K-7.6M-24.7K4.2593.70482045,1447,544