MANH Options History — June 2016

In June 2016, MANH traded between $60.76 and $68.22. ATM implied volatility averaged 34.0%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 14.4% (HV 20d: 19.6%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.19.

Notable Days

  • 2016-06-06: Highest Volume — 1,924 contracts
  • 2016-06-29: Largest IV drop — 15.2% change
  • 2016-06-27: Highest IV Rank — 35.9%
  • 2016-06-27: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.27$60.76$68.22$66.36$64.09
Max Pain$63.18$60.00$65.00$65.00$65.00
ATM IV34.0%29.6%41.7%33.1%30.2%
Expected Move9.8%8.7%11.9%9.5%8.7%
HV 20d19.6%13.8%30.5%18.6%30.5%
HV 60d41.6%38.9%42.9%42.9%41.0%
IV Rank19.1%9.4%35.9%17.0%10.7%
IV Percentile41.3%13.1%78.6%37.7%13.1%
Term Structure2.6%-2.3%7.6%0.6%7.4%
VWIV36.8%29.8%50.5%32.3%33.9%
Skew 25d5.6%1.7%10.8%5.5%4.7%
Skew 10d12.2%5.8%26.4%14.7%11.9%
Call IV 25d32.4%28.5%37.4%31.0%30.6%
Put IV 25d38.0%33.3%47.6%36.6%35.3%
Bid-Ask Spread %86.5278.8994.3394.3392.92
Gamma HHI0.370.210.540.420.30
Net GEX323.3K4.4K685.7K448.9K158.9K
Net DEX-3.8M-8.1M284.9K-5.2M-1.8M
Net VEX-23.7K-28.9K-17.7K-28.9K-21.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.190.223.321.011.58
Total Volume9415251,9241,5021,191
Total OI5,509.4095,0545,8755,4545,875

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-06-01$66.36$65.0033.1%9.5%18.6%17.0%32.3%5.5%0.6%448.9K-5.2M-28.9K1.0194.337467563,6551,799
2016-06-02$67.08$60.0033.1%9.2%17.3%17.0%40.3%5.2%3.9%501.7K-5.9M-28.1K2.3078.893277533,6341,799
2016-06-03$67.00$60.0033.3%9.6%17.1%17.5%38.8%5.3%3.3%517.7K-6.1M-27.0K1.8884.383937373,6561,749
2016-06-06$67.68$60.0029.6%8.7%16.6%9.4%33.3%5.7%3.6%633.7K-6.9M-27.2K0.6082.181,2007243,7231,749
2016-06-07$68.10$60.0029.7%8.7%16.5%9.6%42.0%5.7%4.7%638.5K-7.5M-27.2K1.9083.003676973,7131,748
2016-06-08$68.22$60.0030.4%8.7%14.8%11.1%32.3%3.1%4.9%685.7K-8.1M-27.2K0.7880.723322603,7561,766
2016-06-09$67.28$60.0031.3%9.0%16.4%13.1%35.2%2.1%4.9%613.5K-6.3M-25.8K0.7782.523052363,7761,824
2016-06-10$66.11$60.0031.8%9.1%17.8%14.2%35.0%5.9%3.9%461.2K-5.2M-25.1K0.7982.822952323,7851,829
2016-06-13$65.78$60.0036.6%10.5%17.4%24.8%37.1%7.2%-0.5%361.7K-4.6M-23.8K1.1583.273063533,7991,839
2016-06-14$65.55$65.0037.1%10.6%17.6%25.9%37.1%6.3%0.2%249.0K-3.7M-24.2K1.2490.382993703,7921,954
2016-06-15$65.53$65.0037.6%10.8%17.4%26.9%37.8%6.4%0.2%278.3K-4.1M-22.6K0.9190.612942673,8041,976
2016-06-16$65.04$65.0036.1%10.3%17.9%23.6%39.7%2.9%1.7%307.4K-3.0M-22.0K0.8687.542822433,7831,986
2016-06-17$64.43$65.0035.5%10.2%18.4%22.4%34.2%3.9%1.6%90.5K-1.9M-20.5K0.2286.591,1792553,7691,985
2016-06-20$65.37$65.0031.7%9.1%16.8%13.9%34.7%1.7%4.1%277.7K-3.5M-23.9K0.6983.614743273,2991,755
2016-06-21$64.84$65.0032.5%9.3%17.2%15.8%35.9%6.8%2.8%244.6K-3.0M-23.5K0.4981.574332143,3641,839
2016-06-22$64.20$65.0035.7%10.2%13.8%22.7%32.3%7.6%0.4%219.7K-2.5M-22.9K0.5290.053922053,4281,847
2016-06-23$66.05$65.0035.5%10.2%17.2%22.4%29.8%5.9%0.1%327.7K-4.1M-23.3K0.5190.784362223,4421,858
2016-06-24$62.30$65.0040.0%11.5%26.9%32.2%42.4%9.9%-2.3%40.4K-132.2K-20.3K0.5990.834082393,4741,842
2016-06-27$60.76$65.0041.7%11.9%28.0%35.9%34.9%10.8%0.0%4.4K284.9K-18.1K0.7587.233952973,4791,861
2016-06-28$61.32$65.0035.9%10.3%28.2%23.3%40.2%6.3%4.7%29.4K-376.0K-17.7K3.3288.133891,2903,4811,866
2016-06-29$62.82$65.0030.5%8.7%29.8%11.2%50.5%3.9%7.6%22.7K-486.6K-20.2K3.2991.003691,2133,4832,366
2016-06-30$64.09$65.0030.2%8.7%30.5%10.7%33.9%4.7%7.4%158.9K-1.8M-21.0K1.5892.924617303,4942,381