MANH Options History — April 2020

In April 2020, MANH traded between $44.78 and $71.90. ATM implied volatility averaged 66.4%, placing in the 51.9% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded below realized volatility by 58.3% (HV 20d: 124.7%). Max pain ranged from $50.00 to $75.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 4.99.

Notable Days

  • 2020-04-20: Highest Volume — 325 contracts
  • 2020-04-22: Largest IV drop — 28.8% change
  • 2020-04-03: Highest IV Rank — 79.5%
  • 2020-04-01: Largest Expected Move — 25.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.59$44.78$71.90$44.95$71.36
Max Pain$55.00$50.00$75.00$75.00$55.00
ATM IV66.4%42.5%89.8%89.0%42.5%
Expected Move19.0%12.2%25.5%25.5%12.2%
HV 20d124.7%85.3%160.4%153.8%85.3%
HV 60d102.6%95.1%109.5%95.2%109.4%
IV Rank51.9%23.7%79.5%78.6%23.7%
IV Percentile90.9%76.2%98.4%98.0%76.2%
Term Structure-6.2%-20.2%15.2%-0.9%8.2%
VWIV70.8%33.1%154.8%70.9%33.1%
Skew 25d13.9%-0.1%25.2%18.9%9.5%
Skew 10d34.6%7.6%61.7%29.3%19.4%
Call IV 25d61.6%33.7%78.6%78.6%42.5%
Put IV 25d75.5%51.7%97.5%97.5%52.0%
Bid-Ask Spread %88.6252.80104.29101.73104.29
Gamma HHI0.160.130.230.150.16
Net GEX1.2K-15.9K29.5K-11.8K27.5K
Net DEX374.3K-1.9M1.4M1.4M-1.9M
Net VEX-7.4K-10.4K-4.5K-4.5K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.990.0033.860.001.50
Total Volume69.4290325530
Total OI1,630.1439061,9371,8631,368

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$44.95$75.0089.0%25.5%153.8%78.6%0.0%18.9%-0.9%-11.8K1.4M-4.5K0.00101.73051,313550
2020-04-02$45.47$50.0080.8%21.9%154.2%69.0%70.9%22.1%-9.8%-11.5K1.4M-4.7K0.0082.43301,313550
2020-04-03$44.78$50.0089.8%22.3%154.0%79.5%0.0%3.7%-3.6%-10.7K1.4M-4.8K0.0092.58001,314550
2020-04-06$50.19$55.0068.2%21.0%159.8%54.1%0.0%7.2%-20.2%-12.0K1.2M-5.4K15.0094.052301,312550
2020-04-07$51.23$55.0065.5%20.6%159.0%50.8%68.5%15.4%-16.3%-11.5K1.2M-5.5K0.0091.17201,312554
2020-04-08$53.80$55.0068.4%19.6%160.4%54.3%66.2%12.7%-8.7%-7.2K1.0M-5.9K5.0089.684201,314554
2020-04-09$57.94$55.0061.8%17.7%154.0%46.5%64.5%16.2%-3.0%2.9K665.2K-6.8K0.0091.582701,314544
2020-04-13$56.06$55.0070.4%20.2%154.4%56.6%154.8%12.4%-13.4%-2.6K863.7K-5.8K0.0085.450121,336544
2020-04-14$59.84$55.0062.5%17.9%142.5%47.3%62.5%10.3%0.1%7.0K549.3K-6.8K0.5086.841051,336550
2020-04-15$55.59$55.0076.3%21.9%145.6%63.6%78.6%4.8%-9.9%-1.7K806.3K-6.0K9.3381.153281,336548
2020-04-16$55.80$55.0067.4%19.3%115.6%53.1%83.1%20.6%-7.8%-3.1K851.0K-6.2K1.9084.8410191,337573
2020-04-17$57.64$50.0073.4%21.0%100.7%60.2%72.2%19.0%-19.2%9.5K684.1K-7.3K8.6795.806521,345592
2020-04-20$55.68$50.0077.2%22.1%101.6%64.7%59.1%18.4%-10.3%5.1K123.0K-7.6K1.0292.53161164587319
2020-04-21$52.43$55.0084.6%24.3%98.8%73.4%81.1%13.2%-9.4%4.4K395.9K-8.6K0.9652.80134129736470
2020-04-22$58.10$55.0060.2%17.3%97.0%44.7%62.6%19.0%-6.3%-1.4K92.9K-9.4K1.5477.3394145671566
2020-04-23$56.64$55.0049.0%14.0%97.4%31.4%50.8%14.6%15.2%-15.9K541.6K-10.3K0.0391.40622685693
2020-04-24$58.18$55.0053.1%15.2%92.8%36.3%60.2%21.6%-1.7%-3.3K254.4K-10.0K0.0091.4709743694
2020-04-27$63.32$55.0053.1%15.2%97.1%36.3%80.8%25.2%0.3%10.8K-489.8K-10.3K33.8685.367237743690
2020-04-28$67.52$55.0049.4%14.2%98.5%31.9%56.7%7.6%-13.6%22.1K-1.5M-9.8K0.1392.64243748624
2020-04-29$71.90$55.0051.4%14.7%95.3%34.3%69.0%-0.1%-0.0%29.5K-1.8M-10.4K5.3395.91316728627
2020-04-30$71.36$55.0042.5%12.2%85.3%23.7%33.1%9.5%8.2%27.5K-1.9M-9.4K1.50104.291218727641