MANH Options History — May 2017

In May 2017, MANH traded between $45.07 and $47.63. ATM implied volatility averaged 24.4%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 7.4% (HV 20d: 31.9%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 2.16.

Notable Days

  • 2017-05-26: Highest Volume — 527 contracts
  • 2017-05-26: Largest IV spike — 18.4% change
  • 2017-05-31: Highest IV Rank — 15.1%
  • 2017-05-31: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.46$45.07$47.63$46.60$46.75
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV24.4%21.6%26.7%25.9%26.7%
Expected Move6.9%6.2%7.7%7.4%7.7%
HV 20d31.9%17.2%40.9%40.5%18.7%
HV 60d28.7%28.2%29.3%28.5%29.1%
IV Rank4.5%0.0%15.1%4.2%15.1%
IV Percentile5.6%0.0%27.4%10.7%27.4%
Term Structure3.5%-1.7%5.2%-1.7%3.3%
VWIV22.1%17.3%26.4%23.0%25.2%
Skew 25d2.8%-4.2%10.2%6.4%1.5%
Skew 10d3.4%-10.4%16.4%6.0%-0.0%
Call IV 25d23.3%18.8%29.2%19.2%25.2%
Put IV 25d26.1%23.7%31.7%25.6%26.7%
Bid-Ask Spread %70.3032.7595.6392.1886.17
Gamma HHI0.620.430.900.510.46
Net GEX-65.3K-162.8K31.0K-113.9K-31.4K
Net DEX1.9M303.1K3.1M2.7M634.3K
Net VEX-5.1K-5.9K-4.4K-5.9K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.160.904.242.211.05
Total Volume376.773304527366336
Total OI1,704.7271,2982,0551,7361,589

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-05-01$46.60$50.0025.9%7.4%40.5%4.2%23.0%6.4%-1.7%-113.9K2.7M-5.9K2.2192.181142525791,157
2017-05-02$46.58$50.0024.5%7.0%39.6%0.0%24.1%-1.9%1.3%-110.0K2.7M-5.5K2.1792.661162525791,157
2017-05-03$45.97$50.0025.4%7.3%39.1%3.0%26.4%-4.2%-1.4%-107.8K2.8M-5.4K2.1786.051162525821,157
2017-05-04$45.72$50.0025.2%6.8%39.1%2.3%17.3%4.0%3.6%-110.5K2.9M-5.2K2.1776.071152495821,157
2017-05-05$45.07$50.0024.8%6.8%39.3%0.9%20.3%8.4%3.9%-119.1K3.1M-5.1K1.9967.231192375761,169
2017-05-08$45.23$50.0024.6%6.6%39.3%0.1%19.1%4.4%4.6%-134.2K3.1M-4.8K2.3043.051032375791,179
2017-05-09$45.36$50.0024.1%6.6%39.2%0.0%19.4%3.4%4.3%-137.2K3.1M-4.8K2.3763.88972305811,179
2017-05-10$45.50$50.0023.1%6.6%39.1%0.0%17.8%3.9%4.3%-136.5K3.0M-4.7K2.4332.75972365851,175
2017-05-11$45.42$50.0022.9%6.6%39.1%0.0%19.9%2.3%5.2%-148.4K3.0M-4.7K2.3061.241032375851,181
2017-05-12$45.11$50.0023.1%6.6%39.1%0.5%21.5%10.2%4.8%-162.8K3.1M-4.5K1.8189.921282325921,178
2017-05-15$46.34$50.0024.1%6.9%40.6%3.5%21.9%4.7%4.1%-115.8K2.3M-4.4K0.9054.962572316171,104
2017-05-16$47.51$50.0022.2%6.4%40.9%0.0%23.1%1.7%3.3%-44.9K1.8M-5.1K2.0389.001513077681,097
2017-05-17$47.24$50.0023.9%6.8%40.8%5.1%21.2%2.6%4.5%-10.6K1.9M-5.0K1.6395.631883078731,162
2017-05-18$47.03$50.0024.6%7.0%40.8%7.1%20.6%1.9%4.8%-21.8K1.7M-5.8K3.0741.28942898741,162
2017-05-19$47.44$50.0024.5%7.0%17.4%7.0%23.1%1.2%4.2%22.7K1.8M-5.4K1.3661.221572138881,167
2017-05-22$47.06$50.0024.5%7.0%17.2%6.9%22.9%2.5%4.7%15.9K413.0K-4.7K4.2434.2558246735563
2017-05-23$46.57$50.0024.1%6.9%17.6%5.7%23.8%-0.3%4.1%-39.0K711.7K-4.9K4.2446.3158246740669
2017-05-24$47.49$50.0025.7%7.4%18.4%10.4%24.4%3.3%4.6%17.1K382.2K-5.4K3.3791.8873246740669
2017-05-25$47.63$50.0021.6%6.2%18.4%0.0%23.2%2.6%4.4%26.3K303.1K-5.4K1.4881.73182270748669
2017-05-26$47.33$50.0025.6%7.3%18.5%11.7%24.5%1.6%3.0%31.0K480.2K-5.8K1.0578.99257270884694
2017-05-30$47.07$50.0026.6%7.6%18.5%14.6%23.5%1.2%3.0%-5.3K500.4K-5.4K1.0880.10159172889694
2017-05-31$46.75$50.0026.7%7.7%18.7%15.1%25.2%1.5%3.3%-31.4K634.3K-5.2K1.0586.17164172891698