MANH Options History — April 2021

In April 2021, MANH traded between $117.10 and $143.77. ATM implied volatility averaged 40.0%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 8.3% (HV 20d: 31.7%). Max pain ranged from $115.00 to $115.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.79.

Notable Days

2021-04-13: Highest Volume — 435 contracts
2021-04-09: Largest IV spike — 56.8% change
2021-04-22: Highest IV Rank — 51.1%
2021-04-22: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$124.79	$117.10	$143.77	$121.03	$137.05
Max Pain	$115.00	$115.00	$115.00	$115.00	$115.00
ATM IV	40.0%	25.7%	47.8%	36.4%	32.6%
Expected Move	12.1%	8.9%	13.7%	10.4%	9.3%
HV 20d	31.7%	22.4%	48.4%	37.6%	48.4%
HV 60d	40.9%	39.6%	46.3%	40.6%	46.3%
IV Rank	26.7%	0.0%	51.1%	15.8%	15.8%
IV Percentile	32.8%	0.0%	67.9%	4.0%	1.2%
Term Structure	-4.0%	-10.7%	6.7%	6.7%	0.6%
VWIV	40.8%	31.4%	50.3%	36.2%	32.7%
Skew 25d	3.7%	-1.8%	10.1%	10.1%	1.6%
Skew 10d	7.3%	-12.4%	22.6%	11.7%	2.7%
Call IV 25d	40.9%	28.9%	46.0%	28.9%	33.0%
Put IV 25d	44.6%	32.8%	49.0%	39.0%	34.6%
Bid-Ask Spread %	84.31	78.48	98.56	98.56	90.18
Gamma HHI	0.15	0.12	0.27	0.13	0.19
Net GEX	50.8K	-456	206.2K	30.7K	192.0K
Net DEX	-2.0M	-4.8M	-1.1M	-1.7M	-4.1M
Net VEX	-7.8K	-16.2K	-5.6K	-8.4K	-15.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.79	0.00	13.00	2.00	0.24
Total Volume	59	0	435	3	56
Total OI	746.524	432	919	915	908

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
2021-04-01	$121.03	$115.00	36.4%	10.4%	37.6%	15.8%	36.2%	10.1%	6.7%	30.7K	-1.7M	-8.4K	2.00	98.56	1	2	662	253
2021-04-05	$119.40	$115.00	35.8%	12.2%	37.0%	14.8%	0.0%	2.4%	-0.9%	21.5K	-1.5M	-7.2K	0.00	80.81	0	0	656	250
2021-04-06	$119.87	$115.00	40.8%	12.8%	34.8%	22.6%	0.0%	2.9%	-4.4%	26.3K	-1.7M	-7.2K	0.00	79.32	0	0	636	250
2021-04-07	$117.10	$115.00	34.4%	12.1%	32.0%	13.7%	44.7%	3.0%	-3.8%	16.8K	-1.1M	-6.5K	9.00	79.55	1	9	636	250
2021-04-08	$117.72	$115.00	25.7%	12.6%	31.9%	0.0%	50.3%	4.5%	-4.9%	14.4K	-1.1M	-6.3K	0.00	82.35	0	4	636	254
2021-04-09	$120.80	$115.00	40.3%	11.6%	32.1%	24.8%	42.5%	-1.8%	-1.1%	11.3K	-1.6M	-6.4K	0.00	78.63	0	10	636	255
2021-04-12	$122.06	$115.00	45.5%	13.3%	32.4%	33.6%	46.2%	7.5%	-8.6%	14.1K	-1.9M	-5.6K	1.49	81.95	35	52	636	257
2021-04-13	$123.52	$115.00	37.1%	12.5%	31.3%	19.4%	44.7%	4.7%	-5.5%	11.8K	-2.1M	-6.1K	0.35	78.48	323	112	637	264
2021-04-14	$121.62	$115.00	45.1%	12.9%	31.8%	33.0%	36.2%	3.9%	-5.6%	3.0K	-1.9M	-6.1K	13.00	82.14	1	13	640	264
2021-04-15	$121.91	$115.00	44.1%	12.6%	31.8%	31.2%	0.0%	4.1%	-4.9%	-456	-1.8M	-6.0K	0.00	80.83	21	0	641	277
2021-04-16	$123.73	$115.00	42.0%	12.1%	25.5%	27.7%	0.0%	3.8%	-3.6%	38.1K	-2.0M	-6.1K	0.00	82.86	18	0	642	277
2021-04-19	$122.23	$115.00	43.6%	12.5%	25.1%	30.3%	37.1%	2.2%	-1.2%	38.1K	-1.2M	-6.1K	0.00	80.38	7	0	323	109
2021-04-20	$120.81	$115.00	45.5%	13.0%	25.5%	33.5%	0.0%	3.1%	-7.2%	36.7K	-1.2M	-6.0K	0.00	87.69	1	0	330	109
2021-04-21	$122.41	$115.00	45.9%	13.2%	23.7%	34.2%	0.0%	4.3%	-5.1%	39.6K	-1.3M	-6.2K	0.00	84.77	0	0	329	109
2021-04-22	$122.98	$115.00	47.8%	13.7%	22.7%	51.1%	45.9%	3.0%	-10.7%	39.6K	-1.3M	-6.0K	0.33	84.81	9	3	329	109
2021-04-23	$124.30	$115.00	44.4%	12.7%	22.4%	43.1%	0.0%	4.4%	-7.2%	43.9K	-1.4M	-6.1K	0.00	86.53	0	0	338	112
2021-04-26	$128.44	$115.00	44.6%	12.8%	24.8%	43.7%	45.2%	5.5%	-6.0%	48.5K	-1.7M	-5.9K	0.02	84.81	215	4	338	112
2021-04-27	$128.12	$115.00	44.3%	12.7%	23.1%	43.0%	45.8%	2.9%	-7.4%	89.0K	-2.4M	-10.4K	0.14	83.83	37	5	545	113
2021-04-28	$143.77	$115.00	32.7%	9.4%	45.5%	16.1%	32.1%	3.0%	-4.2%	145.4K	-4.2M	-12.1K	0.08	92.69	215	18	561	121
2021-04-29	$141.81	$115.00	31.1%	8.9%	46.3%	12.3%	31.4%	3.2%	0.8%	206.2K	-4.8M	-16.2K	0.16	89.25	58	9	738	135
2021-04-30	$137.05	$115.00	32.6%	9.3%	48.4%	15.8%	32.7%	1.6%	0.6%	192.0K	-4.1M	-15.8K	0.24	90.18	45	11	774	134