MANH Options History — October 2017

In October 2017, MANH traded between $41.90 and $48.80. ATM implied volatility averaged 36.0%, placing in the 46.0% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 7.2% (HV 20d: 43.2%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.91.

Notable Days

  • 2017-10-30: Highest Volume — 2,647 contracts
  • 2017-10-11: Largest IV spike — 49.8% change
  • 2017-10-03: Highest IV Rank — 72.9%
  • 2017-10-03: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.84$41.90$48.80$43.19$41.90
Max Pain$46.36$45.00$50.00$45.00$45.00
ATM IV36.0%24.8%46.2%40.2%31.8%
Expected Move11.0%7.1%13.2%11.5%9.1%
HV 20d43.2%24.5%54.0%24.5%41.6%
HV 60d33.4%29.0%36.4%30.6%35.7%
IV Rank46.0%16.4%72.9%57.3%34.9%
IV Percentile68.1%11.1%94.8%88.1%59.5%
Term Structure-6.8%-11.2%1.2%-6.3%-3.4%
VWIV36.8%24.0%46.0%40.3%28.8%
Skew 25d3.6%-9.5%6.8%1.4%0.4%
Skew 10d9.5%-15.2%19.5%10.3%-0.2%
Call IV 25d37.7%24.7%44.8%40.0%29.1%
Put IV 25d41.3%29.5%48.7%41.4%29.5%
Bid-Ask Spread %50.3411.6881.7064.1158.70
Gamma HHI0.570.330.850.330.51
Net GEX-107.1K-288.8K77.5K-25.3K-110.5K
Net DEX1.3M-1.1M7.0M973.8K7.0M
Net VEX-9.0K-11.9K-6.2K-6.2K-11.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.242.670.980.63
Total Volume883.1822932,6472932,644
Total OI3,134.2271,9515,5092,0315,509

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$43.19$45.0040.2%11.5%24.5%57.3%40.3%1.4%-6.3%-25.3K973.8K-6.2K0.9864.111481451,072959
2017-10-03$47.16$45.0046.2%13.2%39.1%72.9%43.5%3.8%-7.0%77.5K-1.1M-7.9K0.2481.471,2953151,174952
2017-10-04$45.45$45.0043.8%12.6%41.9%66.7%43.7%2.3%-4.8%57.7K-289.5K-9.5K1.5234.463655561,6121,091
2017-10-05$45.99$45.0027.8%11.2%41.9%24.2%38.0%4.9%-7.6%-62.4K415.1K-9.7K0.4311.683621571,5391,508
2017-10-06$46.26$45.0027.2%11.2%41.9%22.7%32.4%5.0%-7.6%-51.0K207.0K-9.5K0.4412.613171401,5441,512
2017-10-09$45.40$45.0027.8%11.5%42.7%24.3%35.2%5.3%-8.8%-174.4K1.1M-8.4K0.4112.913311361,5931,511
2017-10-10$44.62$45.0026.2%11.3%43.3%20.0%34.6%2.9%-8.3%-204.5K1.7M-8.2K0.5215.252581341,5811,512
2017-10-11$44.95$45.0039.2%11.2%43.2%54.5%36.2%5.1%-8.6%-204.5K1.5M-8.3K0.4955.652751361,5991,515
2017-10-12$45.64$45.0039.9%11.4%42.9%56.2%37.5%4.9%-8.5%-200.9K816.4K-7.9K0.6347.882731721,5881,517
2017-10-13$45.98$45.0041.1%11.8%42.6%59.5%39.1%5.1%-9.9%-174.7K378.3K-8.0K0.5655.622861591,6371,533
2017-10-16$46.80$45.0043.0%12.3%42.9%64.6%39.9%6.8%-11.2%-120.3K-246.5K-7.1K0.5057.442731371,6591,534
2017-10-17$47.00$45.0042.0%12.0%42.9%62.0%41.4%4.9%-9.6%-86.1K-216.5K-7.3K1.5661.432794361,6661,545
2017-10-18$47.52$45.0040.0%11.5%42.9%56.6%41.5%4.7%-9.8%-47.3K-462.6K-8.1K1.4558.913014361,7021,845
2017-10-19$47.94$45.0040.4%11.6%42.6%57.7%42.8%5.5%-10.2%-21.4K-523.9K-8.1K1.6566.462744511,7061,848
2017-10-20$48.72$45.0040.5%11.6%42.2%57.9%39.9%1.6%-10.2%-16.1K-999.7K-8.0K1.9064.372715141,7361,833
2017-10-23$48.27$50.0044.1%12.7%41.6%67.6%43.5%4.5%-9.5%-73.9K741.7K-10.0K0.2653.655231366591,292
2017-10-24$48.80$50.0043.6%12.5%40.2%66.3%46.0%4.9%-9.5%-24.0K-86.6K-11.1K2.6737.253018059501,307
2017-10-25$45.00$50.0025.9%7.4%50.9%19.4%26.4%-9.5%1.2%-288.8K4.1M-11.0K0.9436.014354091,0192,102
2017-10-26$45.82$50.0024.8%7.1%51.0%16.4%24.0%5.4%1.0%-229.0K2.9M-11.5K1.1581.703103561,1571,960
2017-10-27$43.59$50.0025.3%7.3%54.0%17.7%26.1%5.6%1.0%-203.8K4.8M-9.9K0.5077.611,0195131,2341,980
2017-10-30$42.48$50.0031.1%8.9%53.1%33.1%29.0%3.4%-1.5%-172.1K6.4M-10.9K0.6362.371,6271,0201,8562,305
2017-10-31$41.90$45.0031.8%9.1%41.6%34.9%28.8%0.4%-3.4%-110.5K7.0M-11.9K0.6358.701,6241,0202,7022,807