MANH Options History — April 2022

In April 2022, MANH traded between $129.61 and $142.77. ATM implied volatility averaged 44.5%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 9.5% (HV 20d: 35.0%). Max pain ranged from $130.00 to $140.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.69.

Notable Days

2022-04-29: Highest Volume — 614 contracts
2022-04-11: Largest IV spike — 55.7% change
2022-04-11: Highest IV Rank — 75.7%
2022-04-26: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$135.94	$129.61	$142.77	$139.47	$131.57
Max Pain	$134.25	$130.00	$140.00	$140.00	$135.00
ATM IV	44.5%	34.3%	55.8%	35.5%	49.2%
Expected Move	12.9%	11.6%	16.0%	11.6%	14.1%
HV 20d	35.0%	28.6%	44.6%	44.6%	28.8%
HV 60d	38.6%	37.3%	39.7%	39.6%	37.3%
IV Rank	49.2%	25.3%	75.7%	28.3%	60.3%
IV Percentile	80.6%	50.4%	97.2%	56.3%	91.3%
Term Structure	-4.0%	-9.0%	5.4%	5.4%	-8.4%
VWIV	45.9%	41.4%	55.5%	41.4%	47.1%
Skew 25d	6.7%	3.5%	10.1%	7.5%	10.1%
Skew 10d	9.8%	1.6%	18.6%	11.4%	9.0%
Call IV 25d	45.9%	39.6%	55.2%	40.7%	49.1%
Put IV 25d	52.5%	46.8%	64.5%	48.2%	59.2%
Bid-Ask Spread %	74.75	69.81	84.84	70.43	84.84
Gamma HHI	0.18	0.15	0.23	0.15	0.15
Net GEX	145.9K	31.3K	260.4K	212.4K	31.3K
Net DEX	-2.1M	-4.4M	239.9K	-3.4M	33.5K
Net VEX	-16.4K	-20.4K	-13.2K	-19.0K	-19.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.22	1.74	0.27	1.74
Total Volume	436.8	100	614	587	614
Total OI	1,288.1	684	1,537	1,427	1,518

Daily Data (20 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
2022-04-01	$139.47	$140.00	35.5%	11.6%	44.6%	28.3%	41.4%	7.5%	5.4%	212.4K	-3.4M	-19.0K	0.27	70.43	463	124	1,088	339
2022-04-04	$140.95	$140.00	34.3%	11.6%	43.7%	25.3%	41.4%	6.7%	-3.7%	260.4K	-4.4M	-20.4K	0.28	70.61	449	124	1,148	347
2022-04-05	$139.05	$140.00	36.2%	11.8%	43.9%	29.9%	42.1%	6.1%	-4.3%	226.7K	-3.5M	-19.1K	0.22	71.42	406	89	1,148	347
2022-04-06	$137.58	$140.00	40.1%	11.8%	38.5%	39.0%	41.9%	8.0%	-3.3%	207.2K	-3.2M	-18.2K	0.26	78.18	405	105	1,158	349
2022-04-07	$137.47	$140.00	39.5%	12.2%	38.0%	37.7%	41.7%	6.9%	-5.1%	211.9K	-3.2M	-17.5K	0.24	71.03	405	96	1,161	352
2022-04-08	$135.23	$135.00	35.9%	12.5%	38.3%	29.1%	43.8%	3.5%	-4.7%	156.8K	-2.4M	-16.6K	0.24	72.78	399	96	1,161	350
2022-04-11	$132.59	$135.00	55.8%	12.9%	37.9%	75.7%	45.3%	5.8%	-5.0%	139.4K	-1.8M	-13.9K	0.24	73.01	403	96	1,176	350
2022-04-12	$133.71	$130.00	52.8%	13.7%	37.9%	68.6%	45.2%	4.1%	-9.0%	123.2K	-1.8M	-13.9K	0.28	72.45	346	96	1,178	350
2022-04-13	$136.29	$130.00	44.3%	12.7%	35.4%	48.8%	45.6%	7.0%	-6.2%	196.8K	-2.8M	-14.6K	0.29	73.91	343	98	1,183	349
2022-04-14	$137.12	$130.00	44.9%	12.9%	35.4%	50.1%	45.1%	6.7%	-2.6%	137.8K	-3.2M	-14.0K	0.28	71.77	351	99	1,186	351
2022-04-18	$136.73	$130.00	44.2%	12.7%	33.4%	48.5%	45.4%	8.2%	-2.0%	141.2K	-2.1M	-13.2K	0.24	75.16	147	36	639	45
2022-04-19	$140.88	$130.00	43.9%	12.6%	34.5%	47.9%	46.3%	6.8%	-4.1%	166.3K	-2.7M	-14.8K	0.70	73.79	147	103	642	45
2022-04-20	$142.77	$130.00	44.7%	12.8%	28.7%	49.7%	46.7%	7.0%	-4.2%	173.0K	-3.0M	-15.5K	1.06	78.09	175	186	649	113
2022-04-21	$138.13	$130.00	45.8%	13.1%	29.2%	52.4%	50.5%	6.6%	-0.6%	143.4K	-2.2M	-17.2K	1.01	69.81	185	186	706	264
2022-04-22	$133.41	$130.00	49.4%	14.2%	31.6%	60.8%	49.5%	7.0%	-7.0%	120.9K	-1.5M	-15.2K	1.08	77.13	185	200	715	264
2022-04-25	$134.15	$135.00	51.5%	14.8%	30.7%	65.7%	53.4%	7.7%	-4.9%	95.5K	-906.3K	-15.7K	1.05	74.45	194	203	721	372
2022-04-26	$129.61	$135.00	55.7%	16.0%	32.3%	75.4%	55.5%	9.3%	-6.1%	67.3K	-322.5K	-16.3K	1.25	69.88	216	270	740	461
2022-04-27	$130.05	$135.00	41.9%	12.0%	28.6%	43.1%	45.8%	3.9%	-0.3%	48.6K	239.9K	-15.2K	1.63	84.05	38	62	758	600
2022-04-28	$132.11	$135.00	43.7%	12.5%	29.0%	47.3%	43.4%	4.4%	-3.6%	58.7K	-415.4K	-18.0K	1.44	82.15	244	352	788	651
2022-04-29	$131.57	$135.00	49.2%	14.1%	28.8%	60.3%	47.1%	10.1%	-8.4%	31.3K	33.5K	-19.0K	1.74	84.84	224	390	788	730