MANH Options History — August 2016

In August 2016, MANH traded between $57.83 and $60.90. ATM implied volatility averaged 27.5%, placing in the 1.9% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 4.7% (HV 20d: 22.8%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 3.18.

Notable Days

  • 2016-08-02: Highest Volume — 1,698 contracts
  • 2016-08-25: Largest IV drop — 7.2% change
  • 2016-08-02: Highest IV Rank — 9.5%
  • 2016-08-02: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.44$57.83$60.90$58.97$60.69
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV27.5%24.6%31.9%30.3%25.4%
Expected Move7.9%7.1%9.1%8.7%7.3%
HV 20d22.8%16.7%32.2%31.8%16.7%
HV 60d27.5%27.0%28.2%27.9%27.3%
IV Rank1.9%0.0%9.5%6.1%1.6%
IV Percentile3.6%0.0%26.2%13.1%1.2%
Term Structure5.1%-1.9%7.8%-1.0%7.8%
VWIV31.3%24.9%42.5%30.3%28.0%
Skew 25d4.0%-1.6%8.9%-1.6%4.3%
Skew 10d7.6%-3.9%16.5%0.4%9.6%
Call IV 25d27.6%21.8%33.0%33.0%27.4%
Put IV 25d31.7%29.1%36.3%31.4%31.7%
Bid-Ask Spread %86.0871.2396.6584.4888.73
Gamma HHI0.340.220.720.310.23
Net GEX-307.5K-938.9K72.0K-336.7K72.0K
Net DEX2.8M-1.1M6.1M4.6M-651.8K
Net VEX-21.2K-30.3K-15.1K-28.5K-15.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.180.037.450.957.45
Total Volume960.739181,6981,6961,302
Total OI6,413.1743,6927,9896,6593,853

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-08-01$58.97$60.0030.3%8.7%31.8%6.1%30.3%-1.6%-1.0%-336.7K4.6M-28.5K0.9584.488708263,4383,221
2016-08-02$57.83$60.0031.9%9.1%32.2%9.5%35.0%2.1%-1.9%-394.3K6.1M-29.8K0.9971.238558434,1043,724
2016-08-03$58.22$60.0030.1%8.6%28.3%5.3%30.2%3.6%-1.0%-419.2K5.8M-30.3K1.2388.516918534,0933,745
2016-08-04$58.22$60.0028.7%8.2%28.1%2.0%35.4%3.5%4.9%-453.7K6.0M-28.0K1.2873.366668534,0743,745
2016-08-05$58.96$60.0028.0%8.1%28.1%0.3%37.1%4.5%5.6%-435.0K5.0M-27.4K4.3278.201978524,0763,745
2016-08-08$58.61$60.0029.8%8.3%28.1%4.5%35.1%2.9%4.9%-467.8K5.4M-25.2K4.5076.961898504,0993,745
2016-08-09$58.63$60.0029.8%8.3%24.0%4.5%42.5%3.5%5.2%-489.3K5.5M-24.3K4.1083.072108614,0983,745
2016-08-10$58.60$60.0028.3%8.1%23.2%1.2%38.6%2.6%5.6%-511.5K5.3M-24.0K4.4984.141717674,1373,742
2016-08-11$59.06$60.0028.1%8.1%22.5%0.6%38.4%2.6%4.4%-490.7K4.5M-23.3K3.8784.481927434,1483,737
2016-08-12$59.30$60.0027.5%7.9%22.6%0.0%35.9%4.2%5.8%-540.5K4.3M-22.6K3.7786.881977434,1333,745
2016-08-15$60.29$60.0028.2%8.1%23.3%1.6%39.3%2.6%5.7%-507.7K2.4M-21.5K3.1181.512327224,1573,745
2016-08-16$58.96$60.0027.7%7.9%23.9%0.4%25.7%2.1%6.1%-623.2K5.0M-20.4K3.0980.622327184,1973,774
2016-08-17$59.52$60.0027.9%8.0%23.0%0.8%28.1%6.8%4.4%-764.5K4.3M-19.7K0.0389.183214,2123,772
2016-08-18$60.19$60.0027.0%7.7%19.7%0.0%27.0%6.2%5.9%-938.9K2.9M-18.8K1.4490.3648694,2173,772
2016-08-19$60.90$60.0026.6%7.6%19.9%0.0%25.8%4.9%6.5%13.7K-1.1M-17.1K2.4990.443027514,2273,713
2016-08-22$59.71$60.0025.9%7.4%18.7%0.0%26.7%2.2%6.1%17.2K86.5K-17.3K3.0888.232367262,0131,679
2016-08-23$60.34$60.0025.5%7.3%18.7%0.0%28.8%6.1%7.2%29.3K-165.5K-16.3K4.1891.851727192,0641,740
2016-08-24$59.72$60.0026.6%7.6%19.1%2.4%26.5%8.9%5.5%3.3K239.3K-16.8K1.0096.65992,0631,739
2016-08-25$59.94$60.0024.6%7.1%19.1%0.0%26.9%3.6%6.6%28.8K-26.2K-15.2K4.9694.181427052,0721,739
2016-08-26$59.79$60.0024.8%7.1%18.6%0.3%26.9%5.1%7.8%26.2K202.2K-15.7K4.5593.371577152,0651,740
2016-08-29$59.93$60.0025.4%7.3%18.0%1.6%26.2%3.6%7.7%42.0K-149.6K-15.3K3.8791.611736702,0731,730
2016-08-30$60.70$60.0025.2%7.2%16.8%1.1%24.9%8.6%7.7%68.7K-630.8K-15.2K4.2991.861566702,1091,744
2016-08-31$60.69$60.0025.4%7.3%16.7%1.6%28.0%4.3%7.8%72.0K-651.8K-15.1K7.4588.731541,1482,1091,744