MANH Options History — July 2014

In July 2014, MANH traded between $29.36 and $35.36. ATM implied volatility averaged 35.1%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 7.5% (HV 20d: 27.6%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.57.

Notable Days

  • 2014-07-22: Highest Volume — 1,467 contracts
  • 2014-07-10: Largest IV spike — 49.3% change
  • 2014-07-10: Highest IV Rank — 89.3%
  • 2014-07-10: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.32$29.36$35.36$35.36$29.36
Max Pain$30.63$30.00$35.00$31.25$30.00
ATM IV35.1%26.0%44.8%26.8%31.3%
Expected Move10.2%7.5%12.9%7.7%9.0%
HV 20d27.6%22.3%31.7%24.9%31.7%
HV 60d29.7%28.2%30.8%29.9%30.8%
IV Rank59.5%31.5%89.3%33.8%47.7%
IV Percentile80.6%49.2%99.6%54.8%71.0%
Term Structure-1.5%-10.8%6.9%5.4%-0.9%
VWIV35.3%29.2%45.2%29.2%31.3%
Skew 25d4.9%-8.3%12.8%8.6%2.4%
Skew 10d11.0%-7.3%27.0%16.4%2.4%
Call IV 25d33.5%24.6%40.6%25.4%33.1%
Put IV 25d38.4%29.4%47.7%34.0%35.5%
Bid-Ask Spread %88.3781.95101.2485.1892.57
Gamma HHI0.450.270.740.400.74
Net GEX155.5K-111.5K388.6K374.8K-111.5K
Net DEX-1.7M-6.3M1.6M-6.3M1.6M
Net VEX-8.8K-14.1K-6.2K-14.1K-7.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.0014.000.011.76
Total Volume232.773271,467300163
Total OI4,643.2271,6676,1085,8773,221

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-07-01$35.36$31.2526.8%7.7%24.9%33.8%29.2%8.6%5.4%374.8K-6.3M-14.1K0.0185.1829644,1451,732
2014-07-02$35.07$31.2526.5%7.6%25.0%32.9%32.1%6.3%6.9%382.4K-5.7M-13.7K0.8485.2869584,1551,731
2014-07-03$35.08$31.2526.0%7.5%22.3%31.5%0.0%1.8%6.8%388.6K-6.0M-13.1K0.0087.222704,1801,767
2014-07-07$34.27$35.0029.7%9.5%23.9%42.7%33.2%4.7%-1.7%384.5K-4.5M-12.3K0.0887.282624,1931,767
2014-07-08$32.84$35.0032.5%10.0%27.6%51.5%40.0%9.6%-0.7%251.8K-2.5M-11.0K0.4482.86148654,2081,768
2014-07-09$33.15$30.0030.0%10.1%28.0%43.8%35.4%10.2%-2.9%300.5K-3.0M-9.9K0.1686.253864,2861,763
2014-07-10$32.43$30.0044.8%12.9%28.8%89.3%35.1%9.4%-10.8%237.7K-2.1M-10.0K0.2787.2545124,2961,764
2014-07-11$32.23$30.0039.7%11.4%28.6%73.5%0.0%1.9%-1.2%210.8K-1.8M-9.0K0.5389.9219104,3231,771
2014-07-14$32.91$30.0039.7%11.4%29.6%73.6%36.8%8.7%-3.4%251.7K-2.4M-7.7K0.1492.242844,3101,781
2014-07-15$32.23$30.0042.4%12.1%30.3%81.7%38.9%4.3%-5.3%188.2K-1.8M-7.4K1.5481.9526404,3201,744
2014-07-16$32.01$30.0041.9%12.0%26.3%80.4%35.4%5.3%-3.6%182.6K-1.6M-6.7K0.1286.613344,3241,784
2014-07-17$31.37$30.0042.8%12.3%26.5%83.2%37.5%9.7%-6.1%192.1K-778.6K-6.3K0.1686.00141234,2861,781
2014-07-18$31.80$30.0040.9%11.7%27.3%77.4%39.6%0.6%-3.7%231.7K-1.3M-6.2K0.0385.4025484,2891,791
2014-07-21$31.74$30.0042.3%12.1%27.1%81.5%40.1%4.9%-5.7%42.1K-282.4K-6.2K0.0086.3714801,225442
2014-07-22$32.27$30.0043.0%12.3%28.2%83.9%39.4%10.5%-4.3%62.7K-580.9K-6.8K0.8185.578106571,312442
2014-07-23$31.53$30.0033.5%9.6%28.7%54.4%32.2%2.2%-1.9%17.8K100.4K-7.6K0.2290.826641441,802929
2014-07-24$31.83$30.0033.8%9.7%28.1%55.3%30.3%4.0%-0.9%33.4K-191.6K-8.1K0.0696.74411241,782938
2014-07-25$31.45$30.0031.7%9.1%28.1%49.0%32.0%-8.3%0.7%6.4K8.9K-7.7K14.00101.245701,764962
2014-07-28$30.52$30.0030.7%8.8%29.4%45.9%30.7%-6.2%-0.2%-44.1K518.5K-7.1K8.9888.68454041,7681,003
2014-07-29$30.65$30.0031.8%9.1%29.5%49.1%31.6%12.8%-0.4%-78.8K743.1K-7.9K4.1588.62271121,7991,303
2014-07-30$30.91$30.0030.6%8.8%27.5%45.7%45.2%5.4%0.5%-84.4K664.5K-8.1K0.2490.0641101,8201,380
2014-07-31$29.36$30.0031.3%9.0%31.7%47.7%31.3%2.4%-0.9%-111.5K1.6M-7.6K1.7692.57591041,8311,390