MANH Options History — May 2019

In May 2019, MANH traded between $63.77 and $68.78. ATM implied volatility averaged 31.9%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 6.8% (HV 20d: 38.7%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2019-05-07: Highest Volume — 1,071 contracts
  • 2019-05-07: Largest IV spike — 31.8% change
  • 2019-05-13: Highest IV Rank — 58.5%
  • 2019-05-13: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.15$63.77$68.78$66.93$65.11
Max Pain$64.32$60.00$65.00$60.00$65.00
ATM IV31.9%26.8%44.6%31.3%30.3%
Expected Move8.7%7.7%10.0%9.0%8.7%
HV 20d38.7%31.3%45.9%37.8%33.4%
HV 60d29.8%26.8%31.5%31.5%31.4%
IV Rank26.9%14.1%58.5%25.4%22.8%
IV Percentile52.1%27.4%91.7%57.5%49.6%
Term Structure-0.3%-2.6%2.0%-2.5%-0.3%
VWIV29.2%26.2%33.6%29.7%27.8%
Skew 25d4.7%3.0%5.8%4.7%4.6%
Skew 10d9.9%3.4%15.3%11.7%3.4%
Call IV 25d28.1%25.8%32.3%27.9%28.3%
Put IV 25d32.8%29.2%38.1%32.6%33.0%
Bid-Ask Spread %58.8843.2486.1654.5759.42
Gamma HHI0.420.290.650.500.40
Net GEX247.4K20.8K510.7K489.4K189.9K
Net DEX-6.9M-15.2M-2.6M-12.0M-3.0M
Net VEX-15.9K-23.5K-11.6K-23.5K-14.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.001.430.550.10
Total Volume233.136141,07116389
Total OI3,370.51,4755,0374,9832,015

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$66.93$60.0031.3%9.0%37.8%25.4%29.7%4.7%-2.5%489.4K-12.0M-23.5K0.5554.57105582,9442,039
2019-05-02$66.87$60.0031.5%9.0%37.8%25.9%29.0%4.7%-2.6%503.1K-12.2M-22.6K0.6653.1291602,9552,039
2019-05-03$68.17$60.0026.8%7.7%36.9%14.1%28.0%4.7%0.3%510.7K-14.2M-20.0K0.5786.16120682,9672,040
2019-05-06$68.78$65.0029.8%8.1%36.9%21.7%26.2%5.2%0.3%487.0K-15.2M-17.5K0.3643.2445162,9672,039
2019-05-07$66.44$65.0039.3%9.6%39.9%45.3%32.3%4.3%-1.4%498.8K-11.3M-21.8K0.0345.871,042292,9952,042
2019-05-08$67.18$65.0036.8%9.3%39.8%38.9%32.1%5.4%-1.9%185.4K-8.2M-16.2K0.0364.101,031262,0272,037
2019-05-09$66.47$65.0039.9%9.5%40.3%46.8%33.6%5.2%-0.7%150.9K-7.3M-16.9K1.4368.5444632,0262,038
2019-05-10$66.93$65.0035.8%9.4%40.3%36.5%33.2%4.0%-1.4%212.5K-8.3M-14.8K0.0055.661402,0392,037
2019-05-13$63.77$65.0044.6%10.0%45.0%58.5%32.3%5.8%-1.9%20.8K-4.6M-15.8K0.1770.7263112,0392,037
2019-05-14$64.14$65.0037.5%9.1%45.0%40.8%33.0%5.2%-0.3%100.9K-5.4M-13.8K1.2556.871301631,9852,029
2019-05-15$64.75$65.0030.3%8.7%45.0%22.8%0.0%5.1%-0.2%249.4K-6.3M-12.3K0.1949.6052101,9702,022
2019-05-16$66.53$65.0028.6%8.2%45.3%18.6%27.1%3.9%2.0%137.5K-8.5M-11.6K0.0949.60106102,0082,021
2019-05-17$65.70$65.0028.1%8.1%45.9%17.5%27.2%4.3%0.8%358.6K-7.7M-11.7K0.7548.31130972,0192,021
2019-05-20$64.91$65.0029.3%8.4%43.5%20.3%28.0%4.3%0.1%85.1K-2.6M-12.4K0.1959.3123445985490
2019-05-21$66.02$65.0028.0%8.0%43.6%17.2%27.9%4.1%0.6%138.4K-3.2M-14.4K0.8064.5056451,195535
2019-05-22$67.64$65.0026.9%7.7%32.4%14.3%26.9%3.0%0.9%149.2K-4.0M-14.5K0.1654.31289451,195535
2019-05-23$65.59$65.0030.1%8.6%33.8%22.3%29.9%4.7%-0.7%176.2K-3.4M-15.6K0.3068.08148451,382535
2019-05-24$66.03$65.0028.7%8.2%31.3%18.9%27.0%4.7%0.4%191.7K-3.5M-15.4K0.2955.83190551,385535
2019-05-28$66.58$65.0029.2%8.4%31.5%20.1%26.6%5.3%1.1%209.6K-3.8M-15.1K0.0861.4810181,406543
2019-05-29$64.83$65.0029.9%8.6%32.7%21.8%28.3%4.7%-0.4%186.2K-3.0M-14.8K0.0866.479881,475543
2019-05-30$65.83$65.0029.3%8.4%33.2%20.5%26.9%4.9%0.8%211.6K-3.4M-14.6K0.1059.708181,472543
2019-05-31$65.11$65.0030.3%8.7%33.4%22.8%27.8%4.6%-0.3%189.9K-3.0M-14.3K0.1059.428181,472543