MANH Options History — August 2019

In August 2019, MANH traded between $78.85 and $86.03. ATM implied volatility averaged 31.7%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 21.8% (HV 20d: 53.5%). Max pain ranged from $80.00 to $85.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.94.

Notable Days

  • 2019-08-05: Highest Volume — 712 contracts
  • 2019-08-12: Largest IV spike — 20.6% change
  • 2019-08-05: Highest IV Rank — 46.0%
  • 2019-08-02: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.69$78.85$86.03$83.51$82.58
Max Pain$84.55$80.00$85.00$80.00$85.00
ATM IV31.7%28.0%39.6%31.5%28.1%
Expected Move8.8%8.0%9.9%9.0%8.1%
HV 20d53.5%28.3%68.1%62.8%28.3%
HV 60d42.2%41.3%43.7%42.1%41.4%
IV Rank26.3%16.0%46.0%25.9%16.0%
IV Percentile49.3%19.8%81.3%56.3%21.4%
Term Structure-0.5%-3.0%1.3%-2.7%1.0%
VWIV30.7%28.0%34.4%32.7%29.1%
Skew 25d3.8%2.5%5.0%3.0%4.5%
Skew 10d8.6%4.1%14.6%7.1%10.2%
Call IV 25d29.8%27.4%32.9%31.6%27.8%
Put IV 25d33.6%30.4%37.6%34.6%32.4%
Bid-Ask Spread %70.2160.1882.0181.7268.76
Gamma HHI0.320.230.410.250.30
Net GEX144.0K-51.5K289.3K129.9K149.7K
Net DEX-4.4M-6.5M-580.7K-4.5M-3.4M
Net VEX-32.0K-35.7K-28.6K-34.9K-30.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.0012.192.040.38
Total Volume127.682371233458
Total OI4,036.3182,6325,3055,1913,088

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$83.51$80.0031.5%9.0%62.8%25.9%32.7%3.0%-2.7%129.9K-4.5M-34.9K2.0481.721102241,9093,282
2019-08-02$81.38$80.0034.4%9.9%63.9%33.0%34.2%4.4%-3.0%49.8K-2.6M-35.7K3.5680.94391391,9583,347
2019-08-05$78.85$85.0039.6%9.7%65.3%46.0%34.4%4.7%-0.7%-51.5K-580.7K-34.8K12.1961.34546581,9473,303
2019-08-06$82.30$85.0037.6%9.2%66.5%41.1%31.9%4.6%-0.5%95.3K-3.6M-34.4K0.3060.182371,9412,868
2019-08-07$83.49$85.0034.2%9.4%66.5%32.5%33.0%3.6%-1.6%144.0K-4.7M-34.0K0.2061.354181,9572,863
2019-08-08$85.31$85.0030.6%8.9%66.6%23.6%33.0%3.9%-0.6%200.5K-6.3M-32.9K0.0062.449301,9642,861
2019-08-09$85.54$85.0030.0%8.8%66.6%22.0%30.6%4.1%-0.7%213.7K-6.5M-32.5K0.7660.8425191,9692,861
2019-08-12$85.15$85.0036.1%9.0%66.8%37.4%30.2%4.4%-0.8%194.4K-6.1M-32.2K0.0061.92801,9712,859
2019-08-13$84.14$85.0032.6%8.7%66.8%28.7%30.0%4.1%-0.5%163.7K-5.3M-31.0K0.0066.06301,9752,859
2019-08-14$81.69$85.0034.0%9.8%68.1%32.2%31.8%5.0%-1.1%103.0K-3.1M-30.5K0.4361.711461,9752,859
2019-08-15$82.72$85.0030.3%8.7%68.1%22.9%30.3%4.4%0.1%93.1K-3.8M-29.0K0.1367.121621,9772,860
2019-08-16$83.71$85.0029.4%8.4%68.1%20.6%29.3%3.3%-0.1%91.6K-4.2M-28.6K0.0169.439511,9652,859
2019-08-19$84.12$85.0028.1%8.1%68.1%17.4%28.2%2.7%0.9%112.1K-3.9M-28.6K0.0073.334201,4571,175
2019-08-20$84.83$85.0028.9%8.3%68.1%19.5%28.4%2.8%0.2%125.2K-4.2M-30.1K0.0071.825501,4951,175
2019-08-21$86.03$85.0030.0%8.6%31.5%22.2%28.7%3.4%0.1%155.3K-5.0M-30.4K0.0173.9745941,5481,175
2019-08-22$85.42$85.0029.1%8.4%31.6%20.0%28.3%3.3%0.8%289.3K-5.7M-32.8K0.0175.3545041,9771,178
2019-08-23$83.91$85.0032.2%9.2%30.6%27.7%31.7%3.8%-0.8%179.3K-4.5M-33.1K0.5669.6152291,8591,178
2019-08-26$85.10$85.0030.9%8.9%31.1%24.4%30.8%2.5%-0.6%201.0K-5.1M-32.8K0.2274.97921,8601,206
2019-08-27$84.12$85.0031.3%9.0%31.2%25.3%30.9%3.4%-0.3%182.5K-4.6M-32.7K0.0078.851601,8701,208
2019-08-28$83.56$85.0030.6%8.8%30.7%23.5%29.7%3.1%-0.8%168.1K-4.2M-31.4K0.0082.014001,8681,208
2019-08-29$83.68$85.0028.0%8.0%29.5%17.0%28.0%3.8%1.3%178.5K-4.1M-30.9K0.0080.85401,8971,188
2019-08-30$82.58$85.0028.1%8.1%28.3%16.0%29.1%4.5%1.0%149.7K-3.4M-30.3K0.3868.7642161,9001,188