MANH Options History — July 2015

In July 2015, MANH traded between $59.48 and $68.09. ATM implied volatility averaged 30.3%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 7.0% (HV 20d: 23.4%). Max pain ranged from $55.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2015-07-22: Highest Volume — 2,574 contracts
  • 2015-07-14: Largest IV spike — 41.3% change
  • 2015-07-14: Highest IV Rank — 27.0%
  • 2015-07-21: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.69$59.48$68.09$60.16$64.71
Max Pain$60.91$55.00$65.00$55.00$65.00
ATM IV30.3%25.4%37.7%28.3%27.7%
Expected Move9.0%7.3%10.5%8.1%7.9%
HV 20d23.4%14.4%35.7%21.0%34.8%
HV 60d26.3%21.5%28.4%28.3%25.6%
IV Rank15.7%8.0%27.0%12.5%11.6%
IV Percentile42.9%5.2%86.9%26.6%19.4%
Term Structure-0.8%-4.9%5.6%5.6%-0.0%
VWIV33.8%27.7%42.8%29.5%28.2%
Skew 25d4.6%-12.9%8.9%5.9%2.0%
Skew 10d13.2%4.2%42.0%10.1%7.3%
Call IV 25d31.3%25.4%58.2%27.1%28.3%
Put IV 25d35.9%29.0%45.3%33.0%30.2%
Bid-Ask Spread %74.7660.5490.0386.9274.02
Gamma HHI0.470.390.580.470.45
Net GEX217.5K46.0K426.3K110.6K412.7K
Net DEX-5.9M-11.4M-2.3M-4.3M-6.2M
Net VEX-38.6K-47.2K-35.0K-40.8K-47.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.683.870.931.30
Total Volume808.6823682,574447656
Total OI6,915.9094,4267,6517,0767,506

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-07-01$60.16$55.0028.3%8.1%21.0%12.5%29.5%5.9%5.6%110.6K-4.3M-40.8K0.9386.922322152,7924,284
2015-07-02$59.89$55.0028.3%8.1%20.2%12.5%31.6%5.4%4.9%92.6K-3.4M-42.1K1.0587.332252362,8134,284
2015-07-06$59.52$60.0030.4%9.9%16.7%15.7%39.6%7.2%-2.1%47.8K-2.3M-41.2K0.8860.542432142,8294,291
2015-07-07$59.48$60.0030.4%10.0%16.4%15.7%42.6%-12.9%0.8%106.8K-3.6M-38.2K1.1490.031842102,8404,298
2015-07-08$59.48$60.0031.9%10.2%16.4%18.0%42.8%8.9%-2.2%46.0K-2.5M-39.5K1.6186.141412272,8404,293
2015-07-09$60.44$60.0030.9%9.7%16.5%16.5%37.4%7.4%-1.4%144.7K-4.5M-36.7K1.4168.892193082,8514,304
2015-07-10$60.98$60.0028.9%9.4%16.7%13.5%33.8%6.9%-1.5%179.5K-5.4M-37.6K1.0669.102943132,9304,367
2015-07-13$61.51$60.0026.7%9.5%16.8%10.1%31.5%6.9%-2.1%142.6K-6.6M-35.4K1.0574.002182282,9384,426
2015-07-14$62.39$60.0037.7%10.2%17.3%27.0%37.7%8.0%-4.9%185.8K-8.0M-35.0K1.3188.581942543,0214,438
2015-07-15$61.52$60.0034.7%9.9%16.7%22.3%36.7%6.8%-3.0%141.8K-7.0M-35.7K1.2569.312082613,0294,493
2015-07-16$61.91$60.0034.4%9.9%16.7%21.9%32.9%7.0%-3.4%155.4K-7.7M-36.2K0.8474.532992523,0944,508
2015-07-17$61.96$60.0034.4%9.9%15.1%21.9%34.6%7.0%-3.3%156.0K-8.4M-35.7K0.9576.362762633,1454,506
2015-07-20$62.51$60.0033.5%9.6%15.0%20.4%36.8%5.8%-3.2%173.3K-3.3M-35.7K2.0963.834629672,0952,331
2015-07-21$62.41$60.0036.7%10.5%14.4%25.4%36.6%5.5%-3.1%210.1K-3.7M-36.6K0.9864.526856732,3473,119
2015-07-22$68.09$60.0025.4%7.3%33.6%8.0%28.3%3.2%-0.5%380.9K-11.4M-35.1K0.6865.361,5361,0382,7233,599
2015-07-23$66.85$60.0026.8%7.7%34.5%10.1%27.7%4.1%0.8%358.9K-9.1M-37.6K1.3172.774956482,6493,786
2015-07-24$66.11$65.0028.0%8.0%34.9%12.0%30.9%3.6%0.0%324.3K-7.8M-39.7K3.8773.842308892,7053,955
2015-07-27$64.93$65.0029.1%8.3%35.7%13.7%30.1%1.8%-0.4%293.4K-6.1M-42.2K2.1974.282164732,7954,242
2015-07-28$64.50$65.0028.5%8.2%34.9%12.9%31.9%3.5%-0.4%308.9K-5.4M-42.6K2.3673.192876762,8344,233
2015-07-29$64.94$65.0027.8%8.0%34.8%11.8%33.7%4.5%0.2%387.3K-6.5M-39.6K3.2976.611996542,8303,973
2015-07-30$64.97$65.0027.1%7.8%34.9%10.6%28.4%2.1%0.8%426.3K-6.9M-38.3K2.5074.563699242,8313,983
2015-07-31$64.71$65.0027.7%7.9%34.8%11.6%28.2%2.0%-0.0%412.7K-6.2M-47.2K1.3074.022853712,9994,507