MANH Options History — August 2017

In August 2017, MANH traded between $41.03 and $44.25. ATM implied volatility averaged 26.0%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 7.4% (HV 20d: 33.4%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 2.02.

Notable Days

  • 2017-08-14: Highest Volume — 1,944 contracts
  • 2017-08-17: Largest IV spike — 31.9% change
  • 2017-08-17: Highest IV Rank — 32.2%
  • 2017-08-17: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.61$41.03$44.25$43.99$42.04
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV26.0%23.3%30.8%25.0%27.3%
Expected Move7.4%6.6%8.8%7.2%7.8%
HV 20d33.4%20.5%42.9%42.9%21.2%
HV 60d29.3%28.3%29.8%29.2%29.4%
IV Rank19.7%12.5%32.2%16.9%22.9%
IV Percentile24.5%3.2%54.4%9.9%38.9%
Term Structure4.8%-2.5%7.2%-1.5%6.2%
VWIV26.4%23.5%27.7%27.4%26.5%
Skew 25d5.1%-1.4%9.9%9.8%9.9%
Skew 10d7.4%-3.4%19.9%14.9%12.1%
Call IV 25d23.4%16.8%27.4%22.5%16.8%
Put IV 25d28.4%24.7%32.3%32.3%26.7%
Bid-Ask Spread %35.397.4682.3214.7382.32
Gamma HHI0.670.360.940.860.44
Net GEX-282.2K-858.2K8.5K-527.7K-24.1K
Net DEX4.6M1.5M9.6M5.8M1.8M
Net VEX-8.1K-13.5K-4.6K-13.5K-6.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.020.1512.761.071.62
Total Volume480.0872021,944374259
Total OI3,780.2171,6575,6895,1262,010

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$43.99$45.0025.0%7.2%42.9%16.9%27.4%9.8%-1.5%-527.7K5.8M-13.5K1.0714.731811932,5692,557
2017-08-02$43.51$45.0025.4%7.3%42.9%17.8%27.3%6.6%-2.5%-480.4K6.6M-12.2K0.7014.951851292,5692,553
2017-08-03$43.75$45.0024.9%6.8%42.6%16.6%27.3%4.1%5.8%-525.1K6.4M-12.6K0.6626.201941292,5722,564
2017-08-04$43.80$45.0024.1%6.6%42.3%14.6%26.5%3.6%6.9%-564.6K6.2M-12.6K0.5934.631851102,5802,564
2017-08-07$43.67$45.0026.0%6.8%42.2%19.5%26.6%4.0%6.1%-542.8K6.6M-11.2K0.5326.321881002,5802,563
2017-08-08$43.58$45.0026.1%6.8%42.1%19.7%26.4%7.8%5.9%-536.3K6.9M-10.4K0.457.91211942,5922,561
2017-08-09$43.39$45.0024.7%7.1%41.1%16.1%26.0%6.6%5.3%-494.1K7.0M-10.2K0.5344.752041092,6132,562
2017-08-10$42.80$45.0026.3%7.5%41.2%20.3%27.5%5.3%3.4%-389.4K7.7M-8.6K0.5159.122101082,6322,555
2017-08-11$43.49$45.0025.6%7.3%41.3%18.5%27.7%7.8%4.5%-529.9K7.3M-9.1K0.4128.12205852,6322,558
2017-08-14$44.25$45.0024.0%6.9%42.0%14.4%24.1%8.2%4.9%-858.2K6.4M-8.8K8.4849.732051,7392,6402,547
2017-08-15$42.96$45.0024.6%7.0%42.6%15.8%26.1%5.0%5.3%-526.4K9.6M-7.4K12.767.461301,6592,6403,049
2017-08-16$43.42$45.0023.3%6.7%42.3%12.5%25.1%6.7%6.9%-221.5K3.8M-6.2K0.7254.33126912,6371,545
2017-08-17$42.47$45.0030.8%8.8%42.5%32.2%27.6%4.0%-0.8%-54.9K4.4M-4.9K0.6454.71123792,6471,508
2017-08-18$41.72$45.0028.3%8.1%25.7%25.8%26.1%3.2%3.5%-45.4K3.6M-4.6K0.1541.62625952,6471,300
2017-08-21$41.15$45.0026.5%7.6%23.4%20.9%25.1%4.2%6.0%8.5K1.5M-5.3K0.3734.16604226975682
2017-08-22$41.54$45.0026.1%7.5%23.2%19.7%23.5%-0.8%7.2%-4.8K1.7M-5.6K3.2352.411053391,016827
2017-08-23$41.03$45.0025.4%7.3%22.1%18.0%25.4%-1.4%7.1%-33.0K2.0M-5.9K2.9529.75942771,018934
2017-08-24$41.56$45.0026.2%7.5%22.0%20.1%26.1%1.4%6.0%-22.1K1.8M-6.5K2.7319.10982681,021956
2017-08-25$41.55$45.0026.6%7.6%20.9%21.2%26.5%1.2%6.0%-23.9K1.9M-6.6K2.0452.80982001,026966
2017-08-28$41.68$45.0027.2%7.8%20.6%22.8%27.1%1.7%6.1%-26.2K1.9M-6.2K1.7830.07941671,026964
2017-08-29$41.34$45.0027.8%8.0%20.6%24.3%27.6%9.1%6.7%-32.2K1.9M-6.1K1.8337.71941721,026968
2017-08-30$41.40$45.0027.1%7.8%20.5%22.5%26.9%8.6%5.7%-35.1K1.9M-6.0K1.7111.07941611,026968
2017-08-31$42.04$45.0027.3%7.8%21.2%22.9%26.5%9.9%6.2%-24.1K1.8M-6.2K1.6282.32991601,026984