MANH Options History — November 2021

In November 2021, MANH traded between $156.90 and $185.63. ATM implied volatility averaged 31.4%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.9% (HV 20d: 29.5%). Max pain ranged from $155.00 to $170.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.06.

Notable Days

  • 2021-11-11: Highest Volume — 846 contracts
  • 2021-11-10: Largest IV drop — 16.7% change
  • 2021-11-30: Highest IV Rank — 38.5%
  • 2021-11-30: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$171.85$156.90$185.63$182.71$156.90
Max Pain$166.43$155.00$170.00$155.00$165.00
ATM IV31.4%25.2%38.8%30.5%38.8%
Expected Move8.8%7.2%11.1%8.7%11.1%
HV 20d29.5%26.1%34.6%26.4%26.8%
HV 60d26.8%24.9%28.6%26.1%28.6%
IV Rank19.9%4.4%38.5%17.7%38.5%
IV Percentile29.3%0.4%66.7%23.8%66.7%
Term Structure-0.5%-3.6%3.4%-1.3%-3.4%
VWIV33.3%28.6%43.3%32.2%43.3%
Skew 25d1.5%-7.6%9.7%1.3%3.3%
Skew 10d2.8%-4.7%10.0%4.5%10.0%
Call IV 25d31.8%27.2%42.2%32.6%42.2%
Put IV 25d33.3%27.7%45.5%33.8%45.5%
Bid-Ask Spread %79.1961.1491.9578.9384.32
Gamma HHI0.220.150.360.180.15
Net GEX370.7K107.8K578.0K415.7K107.8K
Net DEX-7.2M-12.1M-1.3M-11.2M-1.3M
Net VEX-16.7K-18.8K-13.9K-18.2K-15.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.211.751.490.63
Total Volume649.381303846717390
Total OI1,451.0957021,9011,653815

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$182.71$155.0030.5%8.7%26.4%17.7%32.2%1.3%-1.3%415.7K-11.2M-18.2K1.4978.93288429889764
2021-11-02$185.37$155.0030.6%8.8%26.3%18.1%34.0%0.3%-1.0%384.7K-11.8M-17.9K1.7578.63245429889764
2021-11-03$185.63$155.0030.6%8.8%26.1%17.9%31.9%9.7%-1.8%394.1K-12.1M-17.0K1.1483.77382434891764
2021-11-04$184.45$170.0032.1%8.3%26.7%21.8%30.3%2.9%-0.8%409.7K-11.8M-18.8K1.1361.14373423922771
2021-11-05$180.45$170.0032.2%7.6%27.7%21.9%30.0%-0.1%1.1%449.6K-10.8M-18.8K1.1475.30370423924773
2021-11-08$176.53$170.0033.1%8.9%29.3%24.3%31.4%2.1%0.7%488.8K-9.3M-18.8K1.1376.35382430924773
2021-11-09$177.38$170.0035.0%9.1%29.0%29.0%33.0%5.1%-1.3%452.3K-9.5M-17.9K1.1177.14387430914779
2021-11-10$170.04$170.0029.1%8.4%34.0%14.4%34.8%-1.7%0.1%449.8K-6.9M-16.6K1.1075.71391431906779
2021-11-11$173.88$170.0030.6%8.8%32.2%17.9%31.4%3.2%-2.1%524.2K-8.3M-17.5K1.0972.93405441923786
2021-11-12$174.70$170.0029.1%8.4%31.6%14.3%31.3%3.1%1.8%542.5K-8.8M-17.6K1.2576.63354441953803
2021-11-15$174.13$170.0031.4%9.0%30.8%20.1%31.5%3.6%-0.7%535.3K-8.8M-16.4K1.2478.66362450965803
2021-11-16$174.25$170.0028.7%8.2%30.6%13.4%30.3%1.9%0.2%578.0K-8.7M-16.1K1.4578.38315458970813
2021-11-17$170.15$170.0030.1%8.6%31.8%16.6%32.1%0.4%-0.5%456.8K-6.9M-15.0K1.6577.90278458985820
2021-11-18$168.47$170.0025.2%7.2%31.7%4.4%28.6%2.2%0.1%468.7K-7.1M-17.2K1.6781.572654431,091810
2021-11-19$167.85$170.0027.0%7.8%31.7%9.1%30.2%1.2%2.1%263.6K-6.4M-16.5K1.6377.602754491,084809
2021-11-22$166.79$165.0030.1%8.6%31.5%16.8%33.1%-2.6%-0.8%208.1K-3.2M-16.6K0.2181.6025254599103
2021-11-23$159.97$165.0030.4%8.7%34.6%17.5%36.8%-7.6%-3.6%155.4K-2.1M-14.6K0.2585.0424360604106
2021-11-24$160.67$165.0031.7%9.1%26.8%20.7%35.0%0.2%-0.3%183.8K-2.3M-15.1K0.2285.1725356646106
2021-11-26$158.63$165.0036.2%10.4%26.8%31.9%37.6%1.0%-2.7%151.5K-2.0M-13.9K0.2291.9525356620107
2021-11-29$159.80$165.0036.3%10.4%26.9%32.3%39.7%2.4%3.4%164.3K-2.1M-14.0K0.6684.17228151620106
2021-11-30$156.90$165.0038.8%11.1%26.8%38.5%43.3%3.3%-3.4%107.8K-1.3M-15.7K0.6384.32239151624191