MANH Options History — September 2016

In September 2016, MANH traded between $57.70 and $61.85. ATM implied volatility averaged 33.7%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 15.7% (HV 20d: 18.0%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.03.

Notable Days

  • 2016-09-14: Highest Volume — 734 contracts
  • 2016-09-13: Largest IV spike — 15.4% change
  • 2016-09-13: Highest IV Rank — 30.7%
  • 2016-09-27: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.16$57.70$61.85$60.96$57.70
Max Pain$60.00$60.00$60.00$60.00$60.00
ATM IV33.7%25.2%38.8%25.2%36.9%
Expected Move9.9%7.2%10.7%7.2%10.6%
HV 20d18.0%16.4%19.9%16.7%18.0%
HV 60d25.8%21.9%27.9%27.3%22.0%
IV Rank19.7%1.1%30.7%1.1%26.5%
IV Percentile43.3%0.8%70.2%0.8%63.1%
Term Structure-2.1%-5.0%8.9%8.9%-3.6%
VWIV37.1%25.7%43.3%25.7%34.2%
Skew 25d4.7%0.7%11.7%11.7%2.5%
Skew 10d11.8%3.5%23.3%19.9%10.2%
Call IV 25d33.7%17.7%37.4%17.7%37.3%
Put IV 25d38.3%26.5%45.1%29.4%39.8%
Bid-Ask Spread %73.7258.2994.6094.6069.39
Gamma HHI0.430.240.620.270.62
Net GEX-30.1K-118.0K112.7K41.0K-118.0K
Net DEX686.5K-1.3M1.8M-321.1K1.4M
Net VEX-11.4K-13.7K-10.2K-13.7K-10.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.030.804.670.980.89
Total Volume540.905304734326462
Total OI3,536.1432,7474,3523,8663,085

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-09-01$60.96$60.0025.2%7.2%16.7%1.1%25.7%11.7%8.9%41.0K-321.1K-13.7K0.9894.601651612,1091,757
2016-09-02$61.74$60.0026.1%7.5%16.7%3.1%26.4%1.9%6.6%112.7K-1.3M-13.2K1.1391.161431612,1121,550
2016-09-06$61.85$60.0028.4%9.7%16.4%8.1%38.5%3.5%-1.5%85.6K-1.3M-11.4K1.0674.291551642,1251,551
2016-09-07$61.55$60.0028.1%9.7%16.6%7.5%42.2%4.9%-1.5%83.3K-1.2M-11.3K3.6568.071455292,1251,551
2016-09-08$60.14$60.0028.1%9.6%19.0%7.4%37.4%2.7%-2.1%62.2K-387.1K-11.4K3.6572.891455292,1291,936
2016-09-09$59.09$60.0031.3%10.2%19.9%14.3%40.1%7.2%-4.0%33.0K405.5K-11.1K2.5070.501934832,1301,936
2016-09-12$59.07$60.0033.6%10.3%19.9%19.4%39.6%3.5%-3.9%-15.5K1.0M-12.3K3.9258.291325182,0802,208
2016-09-13$58.00$60.0038.8%9.8%19.8%30.7%36.8%2.3%-2.0%-61.5K1.8M-11.1K4.5569.451285832,0862,253
2016-09-14$58.52$60.0036.4%10.4%18.6%25.5%39.5%6.6%-5.0%-41.1K1.3M-11.7K4.5678.961326022,0892,253
2016-09-15$59.31$60.0037.0%10.6%18.9%26.7%38.9%6.7%-5.0%84.4K937.3K-11.6K4.6768.001296022,0892,253
2016-09-16$58.80$60.0036.5%10.5%18.7%25.7%37.4%4.2%-4.7%-71.1K1.7M-10.9K1.1565.492282622,0892,263
2016-09-19$58.77$60.0034.5%9.9%18.0%21.3%34.6%3.6%-2.4%-78.7K968.7K-10.2K0.9167.392552311,1621,585
2016-09-20$59.34$60.0035.9%10.3%17.2%24.3%40.7%4.1%-1.6%-52.3K770.9K-11.0K0.8061.562401911,1991,596
2016-09-21$58.22$60.0036.4%10.4%17.9%25.4%39.4%4.7%-4.3%-75.9K1.0M-11.1K0.8182.802692171,2481,607
2016-09-22$58.09$60.0035.3%10.1%17.6%23.1%39.3%6.6%-3.2%-80.9K1.1M-11.0K1.1677.112713141,2771,642
2016-09-23$57.75$60.0034.9%10.0%17.6%22.1%35.0%4.3%-2.1%-111.8K1.5M-11.9K1.2275.852583141,2791,744
2016-09-26$57.83$60.0036.8%10.6%17.6%26.3%38.5%6.2%-4.1%-109.1K1.4M-11.2K1.3977.612233111,2791,743
2016-09-27$58.25$60.0037.5%10.7%17.8%27.7%43.3%8.0%-3.2%-100.7K1.4M-11.3K1.2874.812292931,2841,743
2016-09-28$58.87$60.0034.2%9.8%17.6%20.6%37.5%1.7%-2.0%-112.8K1.1M-10.7K1.3869.522293171,2851,745
2016-09-29$58.46$60.0037.1%10.6%17.7%26.9%35.1%0.7%-3.6%-104.8K1.1M-11.1K0.9580.362292171,2891,793
2016-09-30$57.70$60.0036.9%10.6%18.0%26.5%34.2%2.5%-3.6%-118.0K1.4M-10.6K0.8969.392452171,2891,796