MANH Options History — October 2016

In October 2016, MANH traded between $50.39 and $58.98. ATM implied volatility averaged 38.3%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 7.8% (HV 20d: 30.5%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2016-10-18: Highest Volume — 7,947 contracts
  • 2016-10-12: Largest IV drop — 31.2% change
  • 2016-10-11: Highest IV Rank — 67.0%
  • 2016-10-05: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.81$50.39$58.98$56.80$50.74
Max Pain$55.71$55.00$60.00$60.00$55.00
ATM IV38.3%29.0%55.5%42.5%32.3%
Expected Move10.3%8.3%13.6%12.2%9.3%
HV 20d30.5%17.6%44.4%17.6%44.3%
HV 60d24.3%19.4%29.4%21.9%29.2%
IV Rank29.6%9.5%67.0%38.6%16.7%
IV Percentile57.5%9.9%97.6%87.7%33.7%
Term Structure-4.3%-11.8%-0.7%-7.3%-1.4%
VWIV36.0%30.2%48.2%38.2%34.8%
Skew 25d4.8%1.2%10.6%8.5%4.8%
Skew 10d9.5%0.7%21.5%12.4%10.1%
Call IV 25d34.9%27.0%45.3%38.5%32.1%
Put IV 25d39.7%32.8%55.9%47.0%36.9%
Bid-Ask Spread %72.8159.8587.7874.0974.19
Gamma HHI0.400.270.680.680.30
Net GEX211.1K-135.9K715.1K-135.9K93.1K
Net DEX-1.2M-13.5M7.8M1.9M3.7M
Net VEX-19.2K-26.5K-10.1K-10.1K-12.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.204.670.290.96
Total Volume1,2832757,947957328
Total OI6,711.7143,11012,0313,1106,670

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-10-03$56.80$60.0042.5%12.2%17.6%38.6%38.2%8.5%-7.3%-135.9K1.9M-10.1K0.2974.097402171,3161,794
2016-10-04$55.76$60.0043.5%12.5%18.1%40.9%38.1%3.2%-7.5%-47.5K1.6M-11.5K1.9059.851462771,8181,780
2016-10-05$56.79$60.0047.6%13.6%19.9%49.7%48.2%10.6%-11.8%-25.7K925.1K-12.3K0.2072.691,7753491,8181,813
2016-10-06$57.36$55.0047.1%10.5%19.2%48.6%36.9%3.9%-4.2%259.0K-5.2M-24.5K0.7773.714423403,4461,844
2016-10-07$57.41$55.0047.6%10.7%18.3%49.7%37.2%5.2%-4.7%279.5K-5.7M-24.7K0.4674.457313363,5901,842
2016-10-10$58.07$55.0047.6%10.2%18.9%49.7%37.1%5.5%-5.4%382.3K-8.7M-26.5K0.4780.657213364,0951,842
2016-10-11$56.17$55.0055.5%11.2%21.3%67.0%39.4%4.3%-6.9%312.5K-5.9M-26.5K3.6177.981174224,0981,842
2016-10-12$56.50$55.0038.2%10.9%21.1%29.3%38.3%7.0%-5.6%345.9K-6.0M-26.1K4.6776.511085044,1211,887
2016-10-13$57.28$55.0037.6%10.8%21.2%28.1%37.3%3.3%-5.3%386.1K-7.5M-26.1K4.2773.061164954,1212,002
2016-10-14$56.90$55.0038.1%10.9%21.1%29.1%38.2%5.3%-4.6%370.9K-6.7M-25.6K0.4473.968893924,1252,027
2016-10-17$57.76$55.0037.6%10.8%21.9%28.1%39.7%5.9%-5.3%566.9K-9.6M-25.8K0.5463.906063284,8942,033
2016-10-18$58.98$55.0040.7%11.7%23.0%34.8%42.3%2.9%-7.7%715.1K-13.5M-25.2K0.2969.976,1751,7725,3622,040
2016-10-19$52.97$55.0029.3%8.4%44.2%10.0%30.2%3.7%-0.9%-31.5K6.4M-16.1K1.1361.881,1501,3028,0183,791
2016-10-20$52.46$55.0033.1%9.5%44.2%18.4%31.7%3.4%-3.4%45.7K7.4M-16.3K0.4669.268003698,0403,762
2016-10-21$52.21$55.0032.0%9.2%44.2%15.9%31.1%5.1%-1.8%151.7K7.8M-14.2K0.2666.231,5574118,2273,804
2016-10-24$52.69$55.0029.0%8.3%44.4%9.5%31.0%7.6%-0.9%220.5K2.1M-19.4K0.2378.451,1592615,1011,450
2016-10-25$51.78$55.0032.1%9.2%44.4%16.2%32.7%3.8%-2.2%170.7K2.7M-16.9K1.8769.171342515,1501,475
2016-10-26$51.09$55.0031.4%9.0%44.1%14.6%32.1%2.5%-2.4%157.3K2.9M-16.4K1.1874.781261495,1461,466
2016-10-27$50.39$55.0030.5%8.7%44.1%12.7%31.4%3.0%-0.9%70.3K4.0M-10.8K0.6387.781741105,1501,472
2016-10-28$50.83$55.0031.1%8.9%44.4%13.9%30.6%1.2%-0.7%147.1K3.0M-15.7K0.9676.471671615,2101,464
2016-10-31$50.74$55.0032.3%9.3%44.3%16.7%34.8%4.8%-1.4%93.1K3.7M-12.1K0.9674.191671615,2111,459