MANH Options History — June 2015

In June 2015, MANH traded between $54.87 and $61.28. ATM implied volatility averaged 30.4%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 8.3% (HV 20d: 22.0%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 1.34.

Notable Days

  • 2015-06-26: Highest Volume — 1,929 contracts
  • 2015-06-05: Largest IV spike — 19.5% change
  • 2015-06-09: Highest IV Rank — 27.2%
  • 2015-06-09: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.43$54.87$61.28$55.06$59.74
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV30.4%27.4%37.9%30.4%29.7%
Expected Move8.5%7.9%9.6%8.7%8.5%
HV 20d22.0%19.2%23.8%21.8%21.6%
HV 60d31.8%28.3%34.4%34.4%28.4%
IV Rank15.7%11.2%27.2%15.8%14.7%
IV Percentile43.9%17.5%86.9%52.4%41.3%
Term Structure2.6%-0.6%5.3%0.4%4.5%
VWIV31.9%27.3%40.8%32.7%30.8%
Skew 25d6.2%4.0%7.2%6.0%5.4%
Skew 10d13.7%6.1%18.5%11.9%9.0%
Call IV 25d28.5%25.6%31.3%30.5%29.4%
Put IV 25d34.7%32.0%38.0%36.5%34.8%
Bid-Ask Spread %80.9475.0687.7079.4780.03
Gamma HHI0.350.270.540.290.45
Net GEX16.7K-154.5K258.5K-150.2K91.7K
Net DEX-3.1M-6.6M436.4K367.7K-3.6M
Net VEX-27.5K-42.9K-22.0K-26.1K-42.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.593.150.911.02
Total Volume561.091761,929289468
Total OI5,013.4554,3057,0394,3057,039

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-06-01$55.06$55.0030.4%8.7%21.8%15.8%32.7%6.0%0.4%-150.2K367.7K-26.1K0.9179.471511381,5862,719
2015-06-02$54.87$55.0031.1%8.9%21.8%16.9%35.2%4.0%-0.2%-154.4K436.4K-26.6K0.6581.7446301,5942,734
2015-06-03$55.90$55.0030.1%8.6%19.2%15.2%28.5%6.3%-0.3%-121.9K-594.8K-26.0K0.8881.401371201,6122,734
2015-06-04$55.13$55.0030.5%8.6%20.2%16.0%31.9%6.7%2.4%-154.5K261.3K-25.6K0.7481.591441061,6232,734
2015-06-05$57.12$55.0036.5%9.6%23.0%25.2%36.6%7.2%0.0%-52.6K-1.8M-25.3K2.3176.502906701,6422,733
2015-06-08$56.69$55.0037.7%9.3%23.4%27.0%40.8%6.6%1.1%-28.1K-2.0M-25.7K1.4777.341692491,7672,753
2015-06-09$56.65$55.0037.9%9.6%23.5%27.2%39.3%7.1%-0.6%-24.6K-2.0M-25.3K1.3479.971842471,7712,714
2015-06-10$57.47$55.0032.7%9.4%23.8%19.3%33.8%6.0%0.6%12.2K-2.9M-24.2K1.8275.061703091,7592,719
2015-06-11$57.59$55.0029.0%8.3%23.8%13.6%31.8%6.3%2.3%4.4K-3.2M-23.7K1.2980.871972551,7632,804
2015-06-12$57.75$55.0027.9%8.0%23.5%11.9%31.6%5.0%2.9%33.9K-3.7M-22.2K1.1178.642212451,8202,835
2015-06-15$57.98$55.0028.8%8.3%22.8%13.4%30.7%6.2%2.2%47.7K-3.7M-23.1K0.9280.012051891,8902,848
2015-06-16$59.37$55.0028.2%8.1%23.5%12.4%29.1%5.8%3.4%132.2K-5.2M-22.0K0.8279.682992441,9032,892
2015-06-17$59.74$55.0028.9%8.3%21.9%13.5%31.5%6.6%3.4%233.0K-5.8M-22.5K3.1583.522437662,0073,002
2015-06-18$60.97$55.0028.8%8.3%22.7%13.3%33.0%6.1%3.6%258.5K-6.6M-26.4K2.6279.261975161,9903,559
2015-06-19$60.48$55.0028.6%8.2%23.1%13.0%30.2%6.6%3.4%-8.4K-6.0M-27.9K0.8483.881901591,9573,680
2015-06-22$61.28$55.0029.3%8.4%22.2%14.1%30.5%6.4%3.5%14.9K-4.0M-27.4K1.8987.702354441,5173,340
2015-06-23$60.91$55.0028.1%8.1%20.9%12.2%27.3%7.1%4.7%42.8K-4.0M-29.6K2.0184.172194401,6553,625
2015-06-24$60.55$55.0028.1%8.1%20.3%12.2%28.7%6.7%4.8%56.2K-3.9M-30.0K1.8480.652204051,6653,640
2015-06-25$60.51$55.0027.4%7.9%19.9%11.2%29.1%5.7%5.3%56.6K-4.0M-29.3K0.6683.522191451,6873,647
2015-06-26$60.44$55.0027.8%8.0%19.9%11.8%27.8%5.9%5.3%60.0K-3.9M-30.1K0.5982.661,2117181,7023,674
2015-06-29$59.24$55.0030.2%8.7%21.7%15.5%30.6%6.3%4.3%18.1K-2.4M-42.9K0.5983.093351992,7034,258
2015-06-30$59.74$55.0029.7%8.5%21.6%14.7%30.8%5.4%4.5%91.7K-3.6M-42.0K1.0280.032322362,7774,262