MANH Options History — June 2018

In June 2018, MANH traded between $43.45 and $49.85. ATM implied volatility averaged 28.0%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 4.7% (HV 20d: 23.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 2.33.

Notable Days

2018-06-19: Highest Volume — 564 contracts
2018-06-11: Largest IV spike — 24.9% change
2018-06-28: Highest IV Rank — 15.9%
2018-06-28: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$46.93	$43.45	$49.85	$43.45	$47.18
Max Pain	$45.00	$45.00	$45.00	$45.00	$45.00
ATM IV	28.0%	24.3%	33.0%	24.3%	30.6%
Expected Move	8.0%	7.0%	9.5%	7.0%	8.8%
HV 20d	23.3%	16.4%	32.0%	17.7%	31.9%
HV 60d	25.0%	23.6%	27.3%	23.6%	25.1%
IV Rank	9.5%	4.5%	15.9%	7.4%	12.7%
IV Percentile	33.9%	8.3%	59.5%	8.3%	49.6%
Term Structure	5.7%	2.0%	8.6%	2.0%	7.5%
VWIV	28.1%	21.7%	36.1%	24.3%	35.9%
Skew 25d	4.7%	2.0%	9.5%	4.6%	3.9%
Skew 10d	10.0%	4.2%	19.0%	7.2%	15.9%
Call IV 25d	25.5%	21.3%	29.6%	24.4%	26.4%
Put IV 25d	30.2%	28.3%	35.5%	29.0%	30.3%
Bid-Ask Spread %	37.47	13.12	85.96	34.50	68.01
Gamma HHI	0.42	0.28	0.67	0.28	0.42
Net GEX	27.6K	3.5K	63.0K	3.5K	26.1K
Net DEX	-668.8K	-1.5M	257.6K	257.6K	-514.9K
Net VEX	-5.5K	-7.9K	-3.6K	-3.7K	-7.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.33	0.53	5.47	5.47	2.53
Total Volume	363.524	172	564	220	505
Total OI	1,145.238	910	1,534	941	1,534

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-06-01	$43.45	$45.00	24.3%	7.0%	17.7%	7.4%	24.3%	4.6%	2.0%	3.5K	257.6K	-3.7K	5.47	34.50	34	186	490	451
2018-06-04	$43.68	$45.00	27.4%	7.9%	16.4%	11.4%	25.4%	3.8%	4.7%	5.2K	197.8K	-3.6K	5.47	35.98	34	186	490	451
2018-06-05	$44.32	$45.00	26.1%	7.8%	16.6%	6.6%	24.7%	3.6%	5.0%	9.3K	54.5K	-3.7K	4.06	20.33	49	199	491	453
2018-06-06	$44.89	$45.00	26.6%	7.7%	16.9%	7.2%	21.7%	3.5%	5.3%	13.6K	-148.1K	-4.3K	3.16	13.12	63	199	523	471
2018-06-07	$44.50	$45.00	26.4%	8.0%	16.7%	7.1%	26.9%	4.2%	4.5%	13.0K	-36.7K	-4.3K	3.16	37.34	63	199	528	471
2018-06-08	$45.78	$45.00	24.8%	7.7%	19.2%	4.8%	27.2%	5.0%	5.2%	17.8K	-450.1K	-4.2K	2.37	15.37	51	121	528	471
2018-06-11	$46.42	$45.00	30.9%	8.0%	19.8%	13.1%	26.0%	4.6%	4.5%	18.2K	-652.3K	-3.9K	2.12	14.33	57	121	527	471
2018-06-12	$46.48	$45.00	32.5%	7.9%	18.6%	15.2%	27.4%	4.0%	4.9%	18.1K	-701.9K	-4.0K	1.29	17.30	94	121	537	471
2018-06-13	$46.69	$45.00	27.6%	7.9%	18.3%	8.6%	27.3%	2.4%	5.0%	18.6K	-804.7K	-4.0K	1.34	54.76	90	121	542	471
2018-06-14	$47.69	$45.00	25.7%	7.4%	19.4%	6.0%	27.8%	4.4%	4.8%	16.7K	-1.0M	-3.9K	0.87	40.35	138	120	542	471
2018-06-15	$49.68	$45.00	24.5%	7.0%	22.4%	4.5%	22.9%	4.4%	6.1%	26.2K	-1.5M	-4.6K	0.53	48.41	259	136	604	472
2018-06-18	$49.68	$45.00	26.0%	7.4%	22.5%	6.5%	26.0%	3.8%	7.3%	39.1K	-1.2M	-5.4K	1.30	54.68	209	272	547	363
2018-06-19	$48.22	$45.00	27.6%	7.9%	25.5%	8.7%	28.4%	6.4%	6.1%	30.7K	-876.9K	-5.9K	0.53	18.82	369	195	586	476
2018-06-20	$49.85	$45.00	26.6%	7.6%	27.4%	7.3%	27.6%	4.2%	7.6%	63.0K	-1.4M	-6.3K	1.64	16.12	211	346	677	483
2018-06-21	$49.56	$45.00	27.8%	8.0%	27.8%	8.9%	25.4%	3.9%	6.0%	60.0K	-1.4M	-7.7K	1.60	76.31	216	346	733	648
2018-06-22	$49.02	$45.00	26.9%	7.7%	27.7%	7.7%	26.3%	8.8%	8.6%	58.8K	-1.2M	-7.7K	2.33	31.12	138	322	744	648
2018-06-25	$47.19	$45.00	32.4%	9.3%	30.4%	15.1%	35.7%	5.1%	6.5%	36.9K	-687.3K	-7.7K	2.30	59.27	140	322	759	649
2018-06-26	$47.82	$45.00	27.6%	7.9%	30.6%	8.7%	36.1%	9.5%	7.6%	46.8K	-910.4K	-7.5K	2.27	19.14	142	322	760	649
2018-06-27	$46.77	$45.00	32.9%	9.4%	32.0%	15.8%	29.8%	2.0%	5.8%	30.4K	-561.2K	-7.4K	2.19	85.96	143	313	760	649
2018-06-28	$46.63	$45.00	33.0%	9.5%	31.9%	15.9%	36.1%	6.0%	3.9%	26.6K	-476.3K	-7.6K	2.37	25.63	143	339	762	697
2018-06-29	$47.18	$45.00	30.6%	8.8%	31.9%	12.7%	35.9%	3.9%	7.5%	26.1K	-514.9K	-7.9K	2.53	68.01	143	362	762	772