MANH Options History — December 2021

In December 2021, MANH traded between $147.54 and $158.83. ATM implied volatility averaged 36.4%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 5.9% (HV 20d: 30.5%). Max pain ranged from $155.00 to $165.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2021-12-23: Highest Volume — 755 contracts
  • 2021-12-03: Largest IV spike — 22.9% change
  • 2021-12-03: Highest IV Rank — 64.6%
  • 2021-12-03: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$152.78$147.54$158.83$152.45$156.43
Max Pain$156.36$155.00$165.00$165.00$155.00
ATM IV36.4%28.0%49.3%48.8%30.1%
Expected Move10.0%8.0%14.1%14.0%8.6%
HV 20d30.5%26.5%34.1%26.5%30.1%
HV 60d30.4%28.9%31.7%29.0%30.0%
IV Rank32.6%11.4%64.6%63.4%16.7%
IV Percentile53.4%11.9%95.6%95.2%25.4%
Term Structure3.2%-13.3%10.8%-13.3%8.0%
VWIV36.8%30.6%51.0%43.9%30.8%
Skew 25d4.1%0.4%14.2%2.9%0.4%
Skew 10d7.8%-4.6%24.7%10.2%6.4%
Call IV 25d34.7%30.4%44.7%40.2%33.0%
Put IV 25d38.8%33.5%58.9%43.1%33.5%
Bid-Ask Spread %78.7465.1091.5984.0686.28
Gamma HHI0.170.140.200.150.17
Net GEX115.7K54.6K215.7K77.9K186.2K
Net DEX-1.3M-3.0M-260.2K-637.9K-2.3M
Net VEX-14.6K-16.6K-12.3K-13.7K-15.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.100.790.790.11
Total Volume531.636292755341745
Total OI998.2738181,2868181,250

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$152.45$165.0048.8%14.0%26.5%63.4%43.9%2.9%-13.3%77.9K-637.9K-13.7K0.7984.06190151627191
2021-12-02$154.24$165.0040.1%11.5%27.3%41.7%45.3%1.2%-5.3%87.6K-820.1K-14.0K0.5281.62192100630191
2021-12-03$149.96$165.0049.3%14.1%28.1%64.6%51.0%14.2%-9.3%62.9K-424.4K-13.1K0.2791.59393108632191
2021-12-06$149.04$155.0043.7%10.9%27.8%50.8%40.2%4.6%0.8%72.6K-614.8K-14.1K0.2365.1038788667188
2021-12-07$153.63$155.0038.4%10.0%30.7%37.4%36.0%4.2%4.0%92.8K-1.1M-14.5K0.2467.4138691672188
2021-12-08$154.61$155.0035.6%9.7%30.8%30.4%34.5%0.8%4.6%100.0K-1.2M-14.9K0.2380.0236184679193
2021-12-09$150.61$155.0037.3%9.8%28.8%34.8%37.0%4.1%2.0%59.0K-356.2K-12.7K0.2378.4536484682197
2021-12-10$148.73$155.0041.4%9.7%26.9%44.9%35.7%5.0%2.7%54.6K-288.6K-12.7K0.2380.4636484687197
2021-12-13$153.13$155.0036.5%9.6%29.6%32.6%34.2%5.0%1.2%76.7K-879.3K-13.6K0.2275.5839388701196
2021-12-14$148.21$155.0042.2%9.8%31.0%47.0%35.9%2.8%3.7%67.9K-260.2K-12.3K0.2175.2741688737197
2021-12-15$150.49$155.0034.0%9.7%32.0%26.4%36.1%6.8%2.1%98.5K-890.3K-14.2K0.2785.33386106771198
2021-12-16$148.61$155.0035.7%10.2%31.5%30.7%36.6%4.0%3.0%82.3K-498.6K-14.0K0.2569.5239698786218
2021-12-17$150.26$155.0034.4%9.9%32.0%27.6%34.7%7.0%5.8%89.3K-1.0M-15.4K0.2782.88388104830218
2021-12-20$147.54$155.0036.1%10.3%32.3%31.7%42.4%3.1%7.1%98.8K-994.7K-14.8K0.2574.8134284695185
2021-12-21$151.06$155.0034.4%9.9%34.1%27.5%37.6%3.7%5.9%116.0K-1.5M-15.7K0.2472.6634984707185
2021-12-22$154.10$155.0031.7%9.1%32.2%20.8%35.8%1.7%8.8%140.3K-1.8M-15.9K0.1777.2450384714186
2021-12-23$155.24$155.0031.2%8.9%32.3%19.5%33.8%3.8%5.9%161.3K-2.0M-16.0K0.1375.81671841,060186
2021-12-27$157.85$155.0028.0%8.0%32.6%11.4%30.6%2.1%8.7%209.8K-2.7M-16.6K0.1178.02626711,087186
2021-12-28$158.12$155.0032.2%9.2%32.5%21.9%33.5%7.0%7.0%195.1K-2.7M-16.3K0.1180.92637711,096189
2021-12-29$158.83$155.0030.1%8.6%31.9%16.7%32.4%3.3%10.8%215.7K-3.0M-16.4K0.1184.68637711,097189
2021-12-30$157.92$155.0030.7%8.8%30.1%18.3%32.1%2.8%6.0%199.9K-2.6M-15.6K0.1084.59676711,097189
2021-12-31$156.43$155.0030.1%8.6%30.1%16.7%30.8%0.4%8.0%186.2K-2.3M-15.1K0.1186.28674711,062188