MANH Options History — December 2013

In December 2013, MANH traded between $29.37 and $30.59. ATM implied volatility averaged 23.1%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 0.8% (HV 20d: 22.3%). Max pain ranged from $23.75 to $28.75. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.59.

Notable Days

  • 2013-12-09: Highest Volume — 804 contracts
  • 2013-12-06: Largest IV spike — 10.4% change
  • 2013-12-06: Highest IV Rank — 53.6%
  • 2013-12-06: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.89$29.37$30.59$29.82$29.37
Max Pain$24.82$23.75$28.75$28.75$25.00
ATM IV23.1%21.3%25.2%23.1%24.5%
Expected Move6.6%6.4%7.1%6.6%7.0%
HV 20d22.3%18.9%26.0%26.0%20.6%
HV 60d36.2%35.3%36.8%35.6%36.7%
IV Rank45.0%37.7%53.6%45.2%50.7%
IV Percentile56.5%33.3%74.6%56.7%71.0%
Term Structure4.2%-0.6%6.2%0.1%5.6%
VWIV24.5%22.5%29.2%25.7%23.2%
Skew 25d3.9%1.9%6.7%3.5%5.1%
Skew 10d10.5%-4.0%19.8%10.7%7.8%
Call IV 25d22.3%19.7%24.5%22.4%21.8%
Put IV 25d26.2%24.4%27.2%26.0%26.9%
Bid-Ask Spread %88.3081.5696.2984.4088.94
Gamma HHI0.150.130.180.150.17
Net GEX93.1K2.3K168.0K86.1K112.9K
Net DEX-8.7M-9.6M-7.8M-8.3M-7.9M
Net VEX-27.4K-30.6K-23.9K-25.8K-30.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.007.337.332.35
Total Volume191.0484804100268
Total OI13,233.14312,43614,17612,43613,688

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-12-02$29.82$28.7523.1%6.6%26.0%45.2%25.7%3.5%0.1%86.1K-8.3M-25.8K7.3384.4012884,5487,888
2013-12-03$29.84$28.7523.4%6.7%25.7%46.4%0.0%4.7%-0.2%75.5K-8.4M-24.9K0.0090.249204,5607,948
2013-12-04$29.48$28.7524.2%6.9%25.9%49.5%0.0%4.9%-0.6%80.5K-7.8M-26.1K0.0091.04084,6527,948
2013-12-05$29.56$28.7522.9%6.6%25.9%44.1%0.0%3.5%0.2%86.0K-7.9M-25.7K2.5089.9916404,6527,956
2013-12-06$30.59$23.7525.2%7.1%25.9%53.6%23.6%5.6%2.8%94.8K-9.4M-24.2K0.2784.29176484,6687,964
2013-12-09$30.41$23.7523.5%6.8%22.9%46.5%23.4%4.0%5.2%106.5K-9.4M-23.9K0.3781.565882164,7647,996
2013-12-10$29.86$23.7523.2%6.7%23.8%45.5%0.0%3.9%5.3%96.6K-8.8M-27.5K0.0084.26405,2208,104
2013-12-11$29.54$23.7521.3%6.6%22.2%37.7%23.5%1.9%5.5%89.9K-8.4M-27.4K0.0086.7701165,2248,104
2013-12-12$29.61$23.7522.4%6.4%22.0%42.4%0.0%2.7%6.2%87.5K-8.4M-26.9K0.4087.0940165,2248,200
2013-12-13$29.94$23.7522.6%6.5%22.1%43.0%23.2%2.7%5.4%85.7K-9.0M-26.5K1.3985.43921285,2128,200
2013-12-16$30.04$23.7523.4%6.7%21.8%46.3%23.3%3.4%5.0%80.6K-9.3M-25.8K5.0086.1616805,2968,292
2013-12-17$29.84$23.7522.7%6.5%20.1%43.6%0.0%4.5%5.6%64.3K-8.6M-26.8K0.0086.8101045,3048,360
2013-12-18$30.04$23.7522.5%6.4%20.2%42.6%0.0%6.7%4.6%55.0K-8.9M-26.2K0.0988.59524485,3048,460
2013-12-19$29.60$23.7522.4%6.4%20.9%42.5%25.2%3.6%6.2%46.3K-9.0M-29.7K0.0088.60085,6608,508
2013-12-20$30.11$23.7522.3%6.4%20.7%41.9%28.7%2.8%4.5%2.3K-9.5M-29.1K0.0887.0110485,6608,516
2013-12-23$30.24$23.7523.1%6.6%20.4%44.9%22.5%3.7%4.0%128.3K-9.0M-29.0K0.1091.68196205,2087,576
2013-12-24$30.40$23.7522.7%6.5%20.4%43.5%22.7%1.9%6.1%161.3K-9.6M-28.9K0.7796.2952405,3887,596
2013-12-26$30.34$23.7524.3%7.0%18.9%49.7%25.8%4.1%4.4%168.0K-9.5M-29.1K1.2089.731641965,4407,636
2013-12-27$29.61$23.7522.5%6.4%20.7%42.5%23.2%4.9%5.3%129.2K-8.4M-29.6K0.5393.062281205,5287,800
2013-12-30$29.40$25.0022.8%6.5%20.8%43.7%29.2%3.3%6.1%117.4K-8.1M-30.6K4.5792.46281285,7327,912
2013-12-31$29.37$25.0024.5%7.0%20.6%50.7%23.2%5.1%5.6%112.9K-7.9M-30.6K2.3588.94801885,7527,936