MANH Options History — November 2017

In November 2017, MANH traded between $41.05 and $44.37. ATM implied volatility averaged 28.3%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded below realized volatility by 4.1% (HV 20d: 32.4%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2017-11-06: Highest Volume — 2,787 contracts
  • 2017-11-21: Largest IV drop — 16.8% change
  • 2017-11-20: Highest IV Rank — 31.9%
  • 2017-11-20: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.26$41.05$44.37$41.40$44.37
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV28.3%25.2%30.7%30.0%26.7%
Expected Move8.1%7.2%8.8%8.6%7.7%
HV 20d32.4%11.8%40.1%40.1%11.8%
HV 60d34.7%34.1%35.8%35.8%34.1%
IV Rank25.7%17.5%31.9%30.1%21.4%
IV Percentile44.0%15.5%57.9%52.4%37.3%
Term Structure-0.3%-1.9%0.8%-0.3%0.5%
VWIV28.7%23.4%35.4%30.1%33.5%
Skew 25d5.4%-0.7%11.3%-0.7%11.3%
Skew 10d11.1%-3.4%22.3%-3.4%22.3%
Call IV 25d26.2%22.9%30.4%30.4%22.9%
Put IV 25d31.5%28.9%34.2%29.7%34.2%
Bid-Ask Spread %43.8915.5385.9261.9079.93
Gamma HHI0.510.300.730.580.41
Net GEX-119.1K-202.3K-36.2K-135.6K-142.3K
Net DEX4.9M409.5K7.7M7.5M2.2M
Net VEX-9.5K-21.1K-7.3K-10.1K-21.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.232.940.622.94
Total Volume1,521.8577012,7872,6322,205
Total OI4,445.4292,1665,6425,5083,707

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-11-01$41.40$45.0030.0%8.6%40.1%30.1%30.1%-0.7%-0.3%-135.6K7.5M-10.1K0.6261.901,6201,0122,7012,807
2017-11-02$41.23$45.0028.1%8.2%39.6%25.2%23.4%4.5%-1.9%-152.7K7.7M-9.3K0.4872.631,6187772,7032,807
2017-11-03$41.39$45.0027.8%8.2%39.5%24.4%23.6%4.5%-0.2%-149.3K7.5M-9.4K0.4976.011,6057852,7052,807
2017-11-06$41.05$45.0029.2%8.0%39.3%28.0%28.6%4.2%-0.4%-170.6K7.7M-8.7K0.7020.451,6381,1492,7532,822
2017-11-07$41.17$45.0029.6%8.1%39.1%29.1%27.7%6.1%0.1%-176.0K7.7M-8.7K0.8220.327476142,7782,864
2017-11-08$41.34$45.0028.4%8.2%39.0%26.0%28.1%4.5%-0.5%-163.6K7.4M-8.3K0.8533.367306182,7882,817
2017-11-09$41.38$45.0029.5%8.5%38.3%28.9%26.8%4.3%-0.3%-160.4K7.3M-8.8K0.8770.017506552,7842,824
2017-11-10$41.33$45.0028.9%8.3%38.1%27.3%31.5%4.2%-0.3%-173.6K7.2M-8.6K0.9220.757066492,7782,824
2017-11-13$41.48$45.0029.6%8.5%37.3%29.2%31.9%4.6%0.1%-175.2K7.1M-7.9K0.9332.476966462,7802,817
2017-11-14$41.57$45.0029.5%8.5%37.2%28.9%24.3%4.4%-1.1%-162.8K7.0M-8.0K0.9233.386906352,7822,830
2017-11-15$41.08$45.0029.3%8.4%36.7%28.3%28.2%4.2%-0.3%-202.3K7.2M-7.5K0.9285.926906352,7812,850
2017-11-16$41.89$45.0030.5%8.7%37.5%31.5%25.6%5.0%-1.5%-118.5K7.0M-7.6K1.1019.565736312,7812,850
2017-11-17$42.42$45.0030.2%8.7%37.2%30.6%28.2%4.1%-0.7%-36.2K6.7M-7.7K0.3120.635751782,7872,851
2017-11-20$42.40$45.0030.7%8.8%37.3%31.9%28.8%4.1%-0.4%-39.4K1.2M-7.3K0.2574.345631381,217949
2017-11-21$43.13$45.0025.5%7.3%37.7%18.2%28.5%5.1%0.3%-40.7K844.5K-7.5K0.2617.905581431,225957
2017-11-22$43.30$45.0025.2%7.2%25.4%17.5%29.3%5.5%0.8%-41.0K755.9K-7.6K0.2629.445841531,222953
2017-11-24$43.70$45.0025.5%7.3%24.7%18.2%25.8%5.0%0.2%-37.9K605.4K-7.8K0.2347.315991381,263963
2017-11-27$43.85$45.0027.1%7.8%17.2%22.6%32.5%8.7%-0.5%-37.5K447.2K-7.7K0.2770.465761531,285962
2017-11-28$43.97$45.0025.9%7.4%14.2%19.4%31.5%9.2%0.3%-42.8K409.5K-7.5K2.4915.536611,6461,300971
2017-11-29$44.10$45.0027.4%7.9%12.9%23.4%35.4%9.9%-0.6%-143.2K2.3M-21.1K2.9319.375651,6551,2492,460
2017-11-30$44.37$45.0026.7%7.7%11.8%21.4%33.5%11.3%0.5%-142.3K2.2M-21.1K2.9479.935601,6451,2472,460