MANH Options History — March 2022

In March 2022, MANH traded between $126.40 and $145.17. ATM implied volatility averaged 41.5%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 0.3% (HV 20d: 41.8%). Max pain ranged from $130.00 to $145.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.24.

Notable Days

  • 2022-03-15: Highest Volume — 899 contracts
  • 2022-03-22: Largest IV spike — 17.5% change
  • 2022-03-07: Highest IV Rank — 72.8%
  • 2022-03-08: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.48$126.40$145.17$132.89$139.53
Max Pain$131.58$130.00$145.00$130.00$135.00
ATM IV41.5%31.3%54.6%49.7%31.3%
Expected Move13.2%11.3%17.1%14.2%11.7%
HV 20d41.8%36.9%47.3%39.2%45.3%
HV 60d38.1%35.4%41.1%35.9%40.7%
IV Rank42.2%18.4%72.8%61.4%18.4%
IV Percentile72.9%35.7%97.2%94.8%35.7%
Term Structure2.3%-7.9%9.6%-7.9%9.3%
VWIV47.2%39.6%58.2%51.9%42.1%
Skew 25d4.2%-4.6%9.7%3.6%1.1%
Skew 10d7.8%-5.6%22.9%15.7%-0.8%
Call IV 25d44.9%38.3%54.9%54.9%39.1%
Put IV 25d49.1%40.1%59.4%58.6%40.1%
Bid-Ask Spread %72.3556.0992.0581.7466.28
Gamma HHI0.140.110.310.120.15
Net GEX197.1K108.9K384.9K126.8K221.8K
Net DEX-3.4M-6.6M-1.1M-2.5M-3.9M
Net VEX-22.1K-25.9K-19.4K-24.8K-19.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.150.390.210.31
Total Volume676.478454899723508
Total OI1,530.7831,2721,7081,4891,438

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$132.89$130.0049.7%14.2%39.2%61.4%51.9%3.6%-7.9%126.8K-2.5M-24.8K0.2181.745981251,113376
2022-03-02$135.80$130.0047.4%13.6%39.9%56.2%48.1%6.1%-0.2%145.9K-3.2M-25.9K0.2180.886441381,121379
2022-03-03$132.96$130.0048.2%13.8%37.3%58.0%47.6%7.0%1.9%155.3K-2.9M-25.7K0.2082.096911381,168378
2022-03-04$130.40$130.0050.3%14.4%37.9%62.8%52.0%6.3%-2.8%144.3K-2.3M-24.4K0.1681.226501021,184378
2022-03-07$127.63$130.0054.6%15.7%38.1%72.8%56.5%7.8%-3.4%118.2K-1.3M-21.6K0.1682.866501021,186378
2022-03-08$126.40$130.0049.9%17.1%36.9%61.9%57.7%9.7%-3.9%108.9K-1.1M-21.0K0.1688.186501021,186378
2022-03-09$134.49$130.0045.5%16.3%42.9%51.5%58.2%8.8%-1.5%181.2K-3.4M-23.9K0.1585.066971021,186378
2022-03-10$132.28$130.0045.9%16.0%40.4%52.4%57.4%6.5%-0.9%182.1K-3.0M-24.0K0.1591.386971021,240378
2022-03-11$131.02$130.0045.2%15.6%38.9%51.0%57.0%7.9%-0.1%172.7K-2.5M-22.4K0.1592.056971041,240378
2022-03-14$127.83$130.0045.6%12.9%39.8%51.7%43.5%2.0%-0.5%149.2K-1.8M-19.9K0.1860.927351351,240375
2022-03-15$129.12$135.0045.3%12.0%39.9%51.1%43.6%5.8%-2.8%165.1K-1.8M-20.6K0.1862.877641351,285423
2022-03-16$134.69$135.0040.5%12.3%42.2%39.9%39.6%1.4%2.5%229.1K-3.9M-22.1K0.2062.006831351,275423
2022-03-17$135.54$0.0040.4%12.7%42.3%39.7%0.0%6.4%4.1%259.9K-4.4M-21.0K0.2256.096381391,277423
2022-03-18$139.95$0.0034.7%11.3%42.8%26.5%0.0%5.4%4.4%384.9K-6.6M-21.4K0.2261.446231361,276416
2022-03-21$137.46$0.0032.9%12.3%42.7%22.1%0.0%7.5%9.5%174.9K-3.2M-19.7K0.3660.714371581,008264
2022-03-22$145.17$0.0038.6%12.1%46.2%35.6%42.8%4.5%6.3%233.3K-5.3M-23.0K0.3466.193391151,089312
2022-03-23$141.06$145.0035.1%11.8%47.3%27.2%41.0%-2.1%5.3%244.3K-4.6M-23.6K0.3558.883381191,129327
2022-03-24$140.14$130.0033.5%11.7%42.7%23.7%39.8%2.3%7.8%223.5K-4.1M-21.9K0.3569.853381191,119331
2022-03-25$136.90$130.0033.6%12.1%43.7%23.8%40.3%-0.3%9.6%193.3K-3.2M-21.0K0.3667.973381221,119331
2022-03-28$138.93$130.0035.6%11.4%43.8%28.6%40.4%-0.6%3.8%212.2K-3.7M-20.2K0.3967.813451331,119336
2022-03-29$144.22$130.0034.8%11.4%45.5%26.7%41.3%4.1%5.4%267.5K-5.4M-21.1K0.3367.564021311,107319
2022-03-30$141.54$130.0035.5%11.6%45.7%28.2%42.7%-4.6%6.1%239.7K-4.5M-20.3K0.3069.943881171,101321
2022-03-31$139.53$135.0031.3%11.7%45.3%18.4%42.1%1.1%9.3%221.8K-3.9M-19.4K0.3166.283891191,101337