MANH Options History — October 2015

In October 2015, MANH traded between $61.96 and $74.43. ATM implied volatility averaged 35.5%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 3.8% (HV 20d: 31.7%). Max pain ranged from $60.00 to $70.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 3.70.

Notable Days

  • 2015-10-23: Highest Volume — 3,334 contracts
  • 2015-10-21: Largest IV drop — 24.0% change
  • 2015-10-20: Highest IV Rank — 43.1%
  • 2015-10-01: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.52$61.96$74.43$61.96$72.89
Max Pain$68.41$60.00$70.00$60.00$70.00
ATM IV35.5%29.4%44.3%44.3%30.7%
Expected Move10.5%8.4%12.7%12.7%8.8%
HV 20d31.7%24.4%41.3%24.4%40.6%
HV 60d34.2%30.5%36.2%33.9%35.5%
IV Rank24.4%14.8%43.1%34.7%17.6%
IV Percentile69.7%34.1%94.0%94.0%48.8%
Term Structure-1.9%-6.5%5.7%-4.0%-0.1%
VWIV37.2%23.1%44.3%40.1%35.6%
Skew 25d4.6%0.3%10.6%8.0%0.3%
Skew 10d8.6%1.1%32.0%12.4%1.1%
Call IV 25d36.4%30.7%42.7%36.3%32.5%
Put IV 25d41.0%32.6%47.8%44.2%32.8%
Bid-Ask Spread %63.7238.4177.5275.0866.40
Gamma HHI0.410.230.640.330.28
Net GEX118.7K-635.4K1.1M367.5K-162.8K
Net DEX-5.2M-12.4M4.3M-4.3M-12.4M
Net VEX-74.6K-80.5K-67.5K-67.5K-71.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.701.0310.333.392.81
Total Volume1,878.5456233,3341,0091,428
Total OI11,181.4098,79812,6039,98011,336

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-10-01$61.96$60.0044.3%12.7%24.4%34.7%40.1%8.0%-4.0%367.5K-4.3M-67.5K3.3975.082307794,6975,283
2015-10-02$62.78$60.0034.0%9.8%24.4%18.2%36.2%10.6%5.7%490.8K-5.2M-67.7K3.7777.522087844,7645,287
2015-10-05$64.53$60.0037.7%11.2%25.7%24.0%38.9%7.7%-2.3%563.3K-8.2M-68.4K10.3366.01555684,7615,293
2015-10-06$62.67$65.0039.9%11.5%27.0%27.6%23.1%5.5%-4.2%423.9K-3.2M-68.1K9.9359.422282,2644,7635,783
2015-10-07$63.41$70.0035.3%11.1%26.8%20.2%42.3%5.7%-2.6%349.4K447.8K-74.3K3.6864.592459014,7876,846
2015-10-08$63.91$70.0033.9%11.5%26.5%18.0%44.3%4.5%-4.5%469.2K-536.4K-76.5K3.7868.262328764,7936,910
2015-10-09$63.86$70.0031.9%11.4%26.0%14.8%41.9%6.7%-1.7%510.6K-979.3K-75.1K3.5767.052649424,7976,916
2015-10-12$65.38$70.0036.6%11.4%27.1%22.4%39.9%3.0%-4.0%664.6K-4.8M-73.0K3.8459.542891,1114,8156,931
2015-10-13$65.03$70.0034.5%11.0%26.6%19.0%39.8%5.1%-3.1%774.5K-3.3M-72.3K4.6861.232261,0574,8246,946
2015-10-14$64.08$70.0039.0%11.2%27.2%26.2%39.1%4.9%-3.0%722.1K-740.6K-71.1K2.8971.095581,6114,8266,962
2015-10-15$65.85$70.0039.9%11.4%28.4%38.0%41.6%3.9%-4.8%1.1M-5.8M-79.5K6.2963.662041,2835,1327,463
2015-10-16$67.48$70.0042.0%12.1%28.5%42.6%39.3%6.3%-6.5%-43.2K-10.7M-78.9K5.2164.423621,8855,1367,467
2015-10-19$68.08$70.0040.3%11.6%28.4%38.8%42.3%7.6%-4.1%-146.8K-757.1K-79.0K1.0351.531,2711,3033,5075,321
2015-10-20$65.49$70.0042.3%12.1%32.2%43.1%43.0%5.1%-4.9%-236.9K4.3M-74.7K3.0451.936441,9563,1435,655
2015-10-21$70.06$70.0032.1%9.2%38.7%20.8%33.7%1.9%1.2%-355.0K-3.9M-80.1K1.3438.411,2211,6413,4926,802
2015-10-22$71.14$70.0031.8%9.1%38.8%20.0%31.6%3.2%0.1%-526.1K-4.3M-80.5K2.1671.568551,8513,4207,509
2015-10-23$74.43$70.0030.0%8.6%41.3%16.1%31.8%2.3%0.9%-635.4K-10.9M-79.7K2.6967.259032,4313,6878,731
2015-10-26$73.46$70.0031.0%8.9%38.8%18.4%35.9%2.2%-0.9%-436.9K-10.0M-73.1K2.5264.664411,1133,6117,788
2015-10-27$72.16$70.0032.6%9.4%39.9%22.0%32.6%1.7%-0.2%-490.1K-7.4M-73.2K1.2850.211,0201,3053,6267,661
2015-10-28$73.86$70.0031.2%8.9%40.2%18.8%34.3%3.1%0.0%-370.4K-11.5M-78.6K1.2373.239241,1334,1278,134
2015-10-29$73.02$70.0029.4%8.4%40.5%14.8%32.1%1.7%0.6%-447.8K-10.6M-77.7K1.9668.839201,8064,1348,125
2015-10-30$72.89$70.0030.7%8.8%40.6%17.6%35.6%0.3%-0.1%-162.8K-12.4M-71.4K2.8166.403751,0534,1317,205