MANH Options History — October 2014

In October 2014, MANH traded between $31.84 and $40.12. ATM implied volatility averaged 35.0%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 4.2% (HV 20d: 30.9%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.66.

Notable Days

  • 2014-10-21: Highest Volume — 699 contracts
  • 2014-10-14: Largest IV spike — 80.6% change
  • 2014-10-14: Highest IV Rank — 100.0%
  • 2014-10-15: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.96$31.84$40.12$32.50$40.12
Max Pain$30.65$30.00$35.00$30.00$35.00
ATM IV35.0%23.4%85.1%34.0%26.4%
Expected Move9.2%7.6%12.3%10.2%8.0%
HV 20d30.9%28.5%33.2%30.1%29.6%
HV 60d29.0%27.8%29.9%28.2%28.4%
IV Rank33.4%7.3%100.0%43.6%11.8%
IV Percentile63.4%17.1%100.0%78.6%32.5%
Term Structure0.2%-12.2%19.4%19.4%1.3%
VWIV33.4%28.4%47.8%29.6%30.1%
Skew 25d6.6%-0.8%12.4%4.6%12.4%
Skew 10d17.3%-0.4%75.9%14.5%20.5%
Call IV 25d32.1%24.7%39.8%35.6%24.7%
Put IV 25d38.7%29.4%48.7%40.2%37.1%
Bid-Ask Spread %74.2060.05100.4171.3964.71
Gamma HHI0.560.390.780.390.78
Net GEX67.3K12.3K141.7K12.8K126.5K
Net DEX-1.6M-3.9M-365.0K-587.2K-3.9M
Net VEX-5.6K-7.6K-4.2K-5.2K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.002.560.021.43
Total Volume2311569947440
Total OI2,275.8269612,9272,4872,021

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$32.50$30.0034.0%10.2%30.1%43.6%29.6%4.6%19.4%12.8K-587.2K-5.2K0.0271.394611,4341,053
2014-10-02$33.19$30.0029.1%8.8%30.3%30.0%0.0%6.7%-0.3%12.3K-840.5K-4.5K1.5074.8014211,4791,052
2014-10-03$34.10$30.0028.3%8.9%31.0%27.5%0.0%6.2%4.7%55.6K-1.3M-4.8K0.0374.543611,4831,053
2014-10-06$34.01$30.0029.8%9.1%31.2%31.7%0.0%3.3%-1.8%58.6K-1.2M-4.6K0.1273.012631,5091,053
2014-10-07$33.14$30.0027.5%8.7%33.2%25.4%42.3%9.5%-1.4%42.3K-972.8K-4.6K0.3090.5757171,5271,056
2014-10-08$33.71$30.0033.2%8.6%32.8%41.3%30.8%10.7%-2.0%57.9K-1.1M-4.3K0.5482.532191191,5631,061
2014-10-09$32.47$30.0035.5%10.1%31.1%47.8%0.0%7.6%-1.5%16.8K-584.5K-4.6K0.3760.05129481,6371,080
2014-10-10$31.84$30.0051.8%9.9%32.1%93.6%0.0%8.5%4.5%18.4K-365.0K-6.2K0.9590.1341391,7571,095
2014-10-13$32.33$30.0047.1%10.2%32.3%80.6%0.0%10.0%-4.9%16.3K-549.5K-4.8K0.0065.125101,7631,128
2014-10-14$32.90$30.0085.1%11.6%30.4%100.0%39.9%10.3%-4.3%32.4K-841.3K-5.4K0.85100.411871591,7851,128
2014-10-15$33.30$30.0041.9%12.3%30.5%35.1%47.8%9.6%-12.2%60.3K-1.1M-5.0K0.9386.501921791,7991,128
2014-10-16$33.35$30.0039.7%10.0%28.5%31.9%0.0%9.6%-4.9%61.5K-1.2M-4.7K0.5076.801051,7371,062
2014-10-17$33.46$30.0035.6%9.5%28.6%25.7%0.0%4.5%-3.1%33.6K-1.0M-4.4K0.0072.095401,7371,067
2014-10-20$34.36$30.0035.6%9.2%29.5%25.6%0.0%5.3%-1.3%40.5K-809.7K-4.2K0.0171.112212659302
2014-10-21$34.88$30.0037.5%9.6%29.7%28.5%33.0%5.9%-1.9%65.3K-1.3M-5.1K0.2462.20565134851302
2014-10-22$36.01$30.0029.6%8.5%31.5%16.7%31.0%2.2%0.7%118.9K-2.1M-7.0K0.2873.933941121,369369
2014-10-23$36.75$30.0030.3%8.2%31.4%17.8%31.4%3.1%-0.2%115.7K-2.3M-6.9K0.7367.642011461,325384
2014-10-24$37.33$30.0023.4%9.0%31.6%7.3%31.2%1.0%14.4%111.1K-2.5M-7.6K2.0761.85891841,335470
2014-10-27$37.54$30.0026.4%7.9%31.6%11.8%29.4%-0.8%-2.4%117.6K-2.6M-7.4K0.3271.53154501,348490
2014-10-28$38.85$30.0024.7%7.9%32.8%9.3%28.4%7.1%0.7%141.7K-3.5M-7.0K0.1173.24222251,468537
2014-10-29$38.72$35.0026.7%7.6%30.3%12.3%30.3%7.1%0.7%117.2K-3.2M-7.0K2.5672.81912331,367562
2014-10-30$39.27$35.0026.5%8.0%30.0%12.0%33.1%6.9%1.0%114.5K-3.3M-6.9K1.4369.671632331,359600
2014-10-31$40.12$35.0026.4%8.0%29.6%11.8%30.1%12.4%1.3%126.5K-3.9M-6.7K1.4364.711812591,421600