MANH Options History — July 2021

In July 2021, MANH traded between $139.51 and $161.18. ATM implied volatility averaged 35.9%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 14.2% (HV 20d: 21.6%). Max pain ranged from $120.00 to $140.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-07-28: Highest Volume — 123 contracts
  • 2021-07-12: Largest IV spike — 42.4% change
  • 2021-07-26: Highest IV Rank — 49.1%
  • 2021-07-26: Largest Expected Move — 12.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$146.95$139.51$161.18$147.26$159.81
Max Pain$138.10$120.00$140.00$120.00$140.00
ATM IV35.9%26.8%44.2%28.3%26.8%
Expected Move10.6%7.7%12.7%8.1%7.7%
HV 20d21.6%16.8%35.9%22.7%35.9%
HV 60d31.6%23.6%34.2%33.8%28.5%
IV Rank26.9%2.8%49.1%6.8%2.8%
IV Percentile33.4%1.2%77.8%2.4%1.2%
Term Structure-1.8%-6.7%11.3%10.5%0.9%
VWIV37.6%25.1%43.1%30.5%25.1%
Skew 25d2.4%-1.8%5.1%2.7%4.1%
Skew 10d6.9%-3.0%17.1%14.8%2.5%
Call IV 25d36.4%25.0%42.7%28.9%25.0%
Put IV 25d38.8%27.7%45.4%31.5%29.1%
Bid-Ask Spread %77.9365.9396.6794.4183.01
Gamma HHI0.180.130.240.160.21
Net GEX259.1K122.2K328.0K293.6K328.0K
Net DEX-4.8M-7.2M-2.1M-6.2M-6.9M
Net VEX-20.0K-24.3K-17.5K-24.2K-19.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.003.170.080.24
Total Volume28.33341232626
Total OI1,314.191,0741,5171,4531,197

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$147.26$120.0028.3%8.1%22.7%6.8%0.0%2.7%10.5%293.6K-6.2M-24.2K0.0894.41242998455
2021-07-02$147.43$120.0027.1%7.8%20.7%3.7%30.5%0.1%11.3%271.0K-6.3M-24.3K0.0096.67401,022456
2021-07-06$148.40$140.0031.6%11.3%19.7%15.7%38.4%1.5%-1.7%327.0K-6.8M-23.7K0.0067.142601,022456
2021-07-07$147.65$140.0030.9%11.4%18.8%13.7%41.6%3.1%-4.6%313.4K-6.4M-22.6K3.1765.936191,020456
2021-07-08$146.08$140.0032.5%10.8%19.4%18.0%37.2%5.0%-2.6%327.8K-5.9M-22.1K0.5069.961681,020464
2021-07-09$147.19$140.0030.6%10.8%16.8%13.0%37.7%5.1%-1.8%325.3K-6.3M-21.6K0.3968.982391,022470
2021-07-12$144.28$140.0043.6%11.5%18.1%47.4%40.8%4.5%-5.5%306.7K-5.3M-20.7K0.5868.9419111,025477
2021-07-13$141.65$140.0039.7%10.8%18.7%37.1%38.8%1.1%-0.4%302.1K-4.7M-19.7K0.0770.844231,031484
2021-07-14$140.78$140.0037.8%10.8%17.9%32.0%40.1%2.0%-4.9%273.4K-4.2M-17.9K0.4574.5022101,015487
2021-07-15$139.51$140.0040.9%11.7%18.1%40.4%42.9%4.5%-5.6%285.0K-3.8M-18.8K1.6775.926101,014496
2021-07-16$139.86$140.0039.9%11.4%18.1%37.6%39.3%4.9%-3.1%312.8K-3.8M-18.2K0.0078.83901,014503
2021-07-19$140.96$140.0040.8%11.7%17.3%40.1%41.9%-0.1%-3.0%122.2K-2.1M-18.2K1.4381.36710674400
2021-07-20$145.56$140.0039.8%11.4%20.7%37.3%39.5%1.4%-3.3%158.9K-2.8M-18.8K0.0080.6940676406
2021-07-21$145.32$140.0039.1%11.2%19.6%35.6%38.4%3.5%-3.8%156.2K-2.8M-19.0K0.0082.44230676406
2021-07-22$145.99$140.0039.8%11.4%19.2%37.2%38.5%0.8%-1.4%177.9K-3.2M-18.7K0.0081.91110697406
2021-07-23$148.97$140.0041.7%11.9%20.3%42.3%39.5%1.7%-6.4%194.9K-3.8M-18.1K0.0073.7260707406
2021-07-26$147.47$140.0044.2%12.7%20.4%49.1%42.4%3.0%-6.7%187.7K-3.5M-18.6K0.3377.74248707406
2021-07-27$144.59$140.0042.6%12.2%21.6%44.9%43.1%2.7%-5.0%170.9K-2.9M-17.5K0.4069.764016709406
2021-07-28$156.06$140.0028.9%8.3%34.7%8.5%29.7%-1.8%-1.3%295.9K-5.4M-18.5K0.4586.768538721412
2021-07-29$161.18$140.0026.8%7.7%35.8%2.9%25.8%0.1%1.1%311.2K-7.2M-18.6K0.2786.99226756423
2021-07-30$159.81$140.0026.8%7.7%35.9%2.8%25.1%4.1%0.9%328.0K-6.9M-19.3K0.2483.01215773424