MANH Options History — August 2015

In August 2015, MANH traded between $57.54 and $67.18. ATM implied volatility averaged 34.2%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 1.3% (HV 20d: 35.5%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.85.

Notable Days

  • 2015-08-24: Highest Volume — 1,815 contracts
  • 2015-08-21: Largest IV spike — 32.5% change
  • 2015-08-24: Highest IV Rank — 47.7%
  • 2015-08-24: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.14$57.54$67.18$64.43$58.58
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV34.2%27.9%51.2%28.6%46.0%
Expected Move9.8%7.9%14.7%8.2%13.2%
HV 20d35.5%21.9%38.4%34.8%38.4%
HV 60d28.2%25.5%32.3%25.5%31.5%
IV Rank21.6%11.8%47.7%13.0%39.8%
IV Percentile55.0%21.4%98.4%32.1%97.2%
Term Structure-0.9%-8.0%2.5%0.3%-7.0%
VWIV35.5%27.4%52.7%28.7%47.0%
Skew 25d6.0%3.1%16.0%3.9%3.7%
Skew 10d10.0%-6.6%28.8%1.5%10.5%
Call IV 25d33.0%26.8%50.3%28.6%45.8%
Put IV 25d39.0%30.3%63.5%32.6%49.5%
Bid-Ask Spread %79.6769.9689.5180.4085.38
Gamma HHI0.460.190.760.480.26
Net GEX395.2K-680.7K1.5M427.8K-763
Net DEX-4.7M-12.4M3.0M-5.8M787.8K
Net VEX-46.8K-53.0K-38.0K-45.4K-50.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.850.003.472.170.53
Total Volume771.19291,815640534
Total OI7,845.5245,4218,9317,5457,142

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-08-03$64.43$65.0028.6%8.2%34.8%13.0%28.7%3.9%0.3%427.8K-5.8M-45.4K2.1780.402024383,0384,507
2015-08-04$65.11$65.0028.1%8.1%34.8%12.2%28.4%3.4%0.1%441.2K-6.4M-51.4K2.2879.121944433,0724,847
2015-08-05$66.29$65.0028.1%8.1%35.1%12.3%28.3%3.3%0.1%455.2K-8.7M-49.7K1.9679.602254403,1114,897
2015-08-06$64.23$65.0028.9%8.3%37.2%13.4%31.4%3.1%0.1%439.7K-5.0M-51.7K1.9169.962264313,1734,898
2015-08-07$64.31$65.0028.4%8.1%37.1%12.7%30.1%4.5%0.5%454.8K-4.7M-51.1K2.2870.561904333,1484,910
2015-08-10$64.63$65.0029.5%8.2%37.1%14.4%34.3%3.2%0.6%524.0K-5.8M-46.7K1.8172.002073743,1294,910
2015-08-11$65.50$65.0029.3%7.9%37.0%14.1%30.1%3.7%1.3%593.5K-8.0M-46.5K0.4175.2781333,1944,909
2015-08-12$65.04$65.0028.6%8.2%36.7%13.0%29.7%5.0%0.3%653.7K-6.9M-47.6K1.8273.852023673,2344,935
2015-08-13$64.50$65.0028.6%8.2%36.9%12.9%29.6%3.4%0.5%654.7K-5.7M-47.6K2.6172.221604183,2394,942
2015-08-14$65.37$65.0027.9%8.0%37.1%11.8%32.0%5.1%0.4%790.6K-8.1M-44.7K2.8178.033198973,2414,943
2015-08-17$67.18$65.0028.1%8.0%38.1%12.2%28.1%3.3%0.6%625.6K-12.4M-39.3K2.7977.843289153,2405,509
2015-08-18$66.66$65.0028.6%8.2%38.2%13.0%27.4%3.9%0.8%732.3K-12.3M-38.0K3.4779.532679263,2785,500
2015-08-19$66.53$65.0029.9%8.6%21.9%14.9%28.4%4.2%0.1%810.1K-12.2M-38.0K0.0087.522903,2965,515
2015-08-20$64.52$65.0029.6%8.5%23.6%14.5%30.3%3.5%0.6%1.5M-5.8M-41.3K2.7376.533329083,2945,515
2015-08-21$59.95$65.0039.2%11.2%34.7%29.3%38.2%3.9%-1.9%-680.7K3.0M-42.2K3.2776.963491,1403,4145,517
2015-08-24$57.54$65.0051.2%14.7%36.7%47.7%52.7%13.2%-8.0%-78.4K2.4M-43.6K0.7088.121,0707451,7963,625
2015-08-25$57.70$65.0045.9%13.2%36.8%39.6%48.4%16.0%2.5%-24.0K1.5M-52.8K2.8389.512487032,6924,236
2015-08-26$58.84$65.0045.3%13.0%37.7%38.7%50.2%14.0%-4.5%-27.3K1.2M-53.0K1.2485.172453032,6694,242
2015-08-27$59.71$65.0045.7%13.1%38.3%39.2%46.3%10.4%-3.9%2.0K320.7K-50.8K0.5987.762491472,6944,240
2015-08-28$59.35$65.0042.9%12.3%38.3%35.0%45.7%10.4%-2.8%3.4K204.1K-51.5K0.6287.822951822,7804,285
2015-08-31$58.58$65.0046.0%13.2%38.4%39.8%47.0%3.7%-7.0%-763787.8K-50.8K0.5385.383481862,8094,333