MANH Options History — July 2020

In July 2020, MANH traded between $85.15 and $98.94. ATM implied volatility averaged 49.9%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 12.1% (HV 20d: 37.8%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.56.

Notable Days

  • 2020-07-06: Highest Volume — 639 contracts
  • 2020-07-24: Largest IV drop — 21.2% change
  • 2020-07-14: Highest IV Rank — 45.3%
  • 2020-07-14: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.73$85.15$98.94$93.47$95.55
Max Pain$89.09$80.00$90.00$80.00$90.00
ATM IV49.9%40.5%60.8%43.6%40.5%
Expected Move14.8%11.6%16.7%12.5%11.6%
HV 20d37.8%27.2%44.7%44.7%42.7%
HV 60d56.6%50.1%63.9%63.9%50.5%
IV Rank32.5%21.4%45.3%25.0%21.4%
IV Percentile70.1%50.0%86.9%63.1%50.0%
Term Structure-2.2%-8.9%13.1%10.5%-1.5%
VWIV54.2%40.1%67.1%43.6%40.1%
Skew 25d5.5%-7.0%13.1%5.4%0.3%
Skew 10d15.6%-4.1%37.3%14.9%15.0%
Call IV 25d53.6%39.6%62.7%46.0%44.5%
Put IV 25d59.1%44.4%68.7%51.3%44.7%
Bid-Ask Spread %78.7864.8095.7193.4193.67
Gamma HHI0.220.130.490.170.20
Net GEX93.2K32.6K152.1K112.3K61.2K
Net DEX-4.0M-6.3M-2.7M-4.8M-3.0M
Net VEX-12.5K-15.1K-10.8K-13.2K-15.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.008.500.040.12
Total Volume117.63626394747
Total OI1,595.5918982,0331,8791,477

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-07-01$93.47$80.0043.6%12.5%44.7%25.0%43.6%5.4%10.5%112.3K-4.8M-13.2K0.0493.41452989890
2020-07-02$92.99$80.0041.4%11.9%40.4%22.5%46.2%13.1%13.1%109.2K-4.7M-13.4K8.5095.71217989890
2020-07-06$93.20$90.0046.3%15.5%40.4%28.3%56.6%6.8%-1.9%111.2K-4.7M-12.4K0.6165.79397242989907
2020-07-07$90.33$90.0047.9%15.4%34.9%30.2%53.7%8.9%-2.8%103.3K-4.1M-12.3K3.0068.63261,005908
2020-07-08$91.26$90.0051.9%15.7%33.6%34.9%56.4%5.2%-7.1%112.0K-4.3M-12.2K0.2272.152351,007912
2020-07-09$92.59$90.0046.1%15.9%32.3%27.9%55.5%4.9%-5.1%126.9K-4.7M-12.1K0.6067.21531,029917
2020-07-10$90.68$90.0048.6%16.0%27.2%30.9%65.7%2.4%-2.7%118.6K-4.1M-12.5K1.6768.33351,029936
2020-07-13$86.31$90.0051.1%16.5%33.2%33.9%61.3%5.0%-6.3%84.8K-3.0M-11.6K0.1176.853741,035939
2020-07-14$85.15$90.0060.8%16.7%32.3%45.3%58.5%8.9%-5.6%73.7K-2.7M-11.5K0.0070.45201,047942
2020-07-15$90.69$90.0058.1%16.7%37.9%42.2%67.1%8.3%-8.9%143.0K-4.4M-10.8K0.5966.173812241,049942
2020-07-16$92.45$90.0057.5%16.5%38.3%41.5%57.6%5.7%-4.4%152.1K-5.0M-11.0K0.0264.8012521,051953
2020-07-17$95.79$90.0056.6%16.2%40.0%40.3%57.1%7.9%-3.1%133.0K-6.3M-11.2K0.7179.8234241,080953
2020-07-20$96.83$90.0057.4%16.4%40.1%41.3%57.4%6.2%-6.9%32.6K-3.0M-11.2K0.1292.32334554344
2020-07-21$97.74$90.0057.6%16.5%37.9%41.5%58.0%10.9%-6.9%41.7K-3.3M-11.5K0.0472.72271587345
2020-07-22$96.35$90.0057.8%16.6%38.0%41.8%59.2%10.1%-6.1%44.3K-3.1M-11.7K0.6774.6896602346
2020-07-23$95.98$90.0056.7%16.2%37.5%40.5%56.8%10.3%-4.9%45.8K-3.1M-11.6K0.4368.3219685606351
2020-07-24$95.24$90.0044.7%12.8%37.6%26.3%45.9%-2.4%-1.8%78.2K-3.5M-13.5K0.6984.586545806425
2020-07-27$98.08$90.0042.6%12.2%38.9%23.9%41.7%-1.6%0.5%104.6K-4.0M-13.5K4.1483.9435145844412
2020-07-28$95.60$90.0046.5%13.3%40.0%28.5%51.1%-7.0%3.8%86.6K-3.6M-13.3K6.2093.3320124831411
2020-07-29$98.94$90.0042.5%12.2%41.7%23.7%48.3%6.3%-0.6%99.1K-4.1M-14.3K2.0388.473979841494
2020-07-30$96.86$90.0041.7%12.0%42.4%22.8%0.0%5.2%-0.1%76.2K-3.4M-15.1K3.7591.79830854585
2020-07-31$95.55$90.0040.5%11.6%42.7%21.4%40.1%0.3%-1.5%61.2K-3.0M-15.1K0.1293.67425862615