MANH Options History — August 2014

In August 2014, MANH traded between $28.88 and $31.20. ATM implied volatility averaged 30.5%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 1.0% (HV 20d: 29.5%). Max pain ranged from $20.00 to $30.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2014-08-15: Highest Volume — 517 contracts
  • 2014-08-13: Largest IV drop — 42.1% change
  • 2014-08-11: Highest IV Rank — 79.7%
  • 2014-08-11: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.01$28.88$31.20$29.34$28.88
Max Pain$26.84$20.00$30.00$30.00$30.00
ATM IV30.5%21.6%41.7%31.9%24.1%
Expected Move9.0%8.1%9.4%9.1%8.1%
HV 20d29.5%22.8%33.7%31.7%22.9%
HV 60d27.8%26.5%30.8%30.8%26.5%
IV Rank42.5%18.0%79.7%49.5%19.4%
IV Percentile61.4%8.3%96.0%73.4%21.8%
Term Structure3.0%-4.8%7.3%-0.1%7.3%
VWIV32.9%26.5%47.2%32.0%39.5%
Skew 25d5.9%-5.5%31.1%-1.6%6.7%
Skew 10d8.6%-6.2%46.6%-6.1%6.9%
Call IV 25d27.4%21.4%37.7%36.6%24.3%
Put IV 25d33.3%26.7%57.4%35.0%31.0%
Bid-Ask Spread %83.5844.22123.9594.7488.18
Gamma HHI0.520.220.960.750.32
Net GEX-92.4K-742.9K32.8K-113.0K-909
Net DEX574.5K-321.7K1.7M1.7M831.6K
Net VEX-6.1K-7.5K-4.7K-7.3K-5.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.005.251.710.72
Total Volume84.857151746186
Total OI2,651.1431,8473,2933,2452,266

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-08-01$29.34$30.0031.9%9.1%31.7%49.5%32.0%-1.6%-0.1%-113.0K1.7M-7.3K1.7194.7417291,8321,413
2014-08-04$30.15$30.0032.0%9.0%33.7%50.0%31.3%14.0%2.2%-129.5K1.2M-7.5K1.1097.8360661,8321,408
2014-08-05$30.28$30.0033.1%9.0%31.0%53.3%31.2%13.6%3.3%-122.7K1.1M-7.4K0.7896.90971,8501,399
2014-08-06$30.48$30.0034.4%9.2%30.8%57.3%0.0%-5.5%2.1%-118.7K833.9K-7.4K0.0994.791111,8531,426
2014-08-07$30.59$30.0035.4%9.4%30.2%60.3%32.9%1.0%0.8%-121.5K807.7K-7.3K5.00100.434201,8591,426
2014-08-08$30.75$30.0036.4%9.2%30.3%63.4%26.5%8.8%2.7%-118.3K684.0K-7.2K0.6794.701281,8611,426
2014-08-11$31.20$30.0041.7%9.4%29.8%79.7%33.0%3.0%2.5%-118.2K276.1K-6.8K1.6797.3718301,8681,425
2014-08-12$30.48$30.0037.3%9.2%30.0%66.3%0.0%5.2%1.6%-173.5K797.5K-6.4K0.00102.191901,8681,401
2014-08-13$30.96$30.0021.6%8.3%30.6%18.0%0.0%2.4%5.4%-100.2K-10.2K-5.8K0.00123.95401,8651,401
2014-08-14$30.70$30.0030.2%8.7%30.0%40.0%30.2%4.4%3.7%-148.5K129.3K-5.3K0.00106.19011,6611,363
2014-08-15$30.13$30.0029.1%8.4%30.1%36.3%29.1%2.4%4.4%-742.9K802.8K-5.4K0.04106.32499181,6611,364
2014-08-18$30.48$0.0033.2%9.0%30.5%49.9%0.0%24.7%-4.8%15.5K-94.4K-5.7K0.0099.0423501,214711
2014-08-19$30.58$0.0029.5%9.3%29.8%37.6%47.2%5.9%3.3%32.8K-321.7K-6.1K0.3955.8444171,311711
2014-08-20$29.96$20.0028.3%9.2%29.5%33.5%0.0%2.2%4.6%2.4K249.6K-5.2K0.0051.043301,125722
2014-08-21$29.44$20.0027.9%9.3%29.6%32.2%0.0%5.0%4.3%189422.4K-4.9K5.2558.638421,148728
2014-08-22$29.59$20.0027.5%9.1%29.6%30.8%0.0%31.1%4.0%-3.9K449.1K-5.2K0.0054.287601,148769
2014-08-25$28.90$20.0026.0%9.0%28.9%25.9%30.2%0.6%4.7%1.1K627.2K-4.7K0.0563.638641,208769
2014-08-26$29.28$20.0027.2%9.2%29.4%29.9%0.0%-0.3%4.1%8.0K434.0K-5.2K2.0650.9135721,280773
2014-08-27$29.10$20.0026.9%9.1%29.1%28.7%31.9%0.1%4.4%5.7K592.8K-5.7K0.2744.221131,313845
2014-08-28$28.99$30.0027.4%9.0%22.8%30.5%0.0%0.8%3.5%5.5K600.8K-5.6K4.7173.9317801,323848
2014-08-29$28.88$30.0024.1%8.1%22.9%19.4%39.5%6.7%7.3%-909831.6K-5.8K0.7288.18108781,338928