MANH Options History — May 2022

In May 2022, MANH traded between $112.88 and $132.35. ATM implied volatility averaged 46.5%, placing in the 54.0% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 1.3% (HV 20d: 45.2%). Max pain ranged from $120.00 to $145.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2022-05-16: Highest Volume — 1,525 contracts
  • 2022-05-18: Largest IV spike — 27.9% change
  • 2022-05-10: Highest IV Rank — 83.8%
  • 2022-05-12: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.19$112.88$132.35$131.26$120.89
Max Pain$125.71$120.00$145.00$135.00$120.00
ATM IV46.5%39.1%59.3%47.8%43.4%
Expected Move13.0%11.2%15.4%13.7%12.4%
HV 20d45.2%28.8%55.2%28.8%55.2%
HV 60d41.2%37.3%45.0%37.3%43.8%
IV Rank54.0%36.6%83.8%56.9%46.7%
IV Percentile83.7%64.3%97.2%90.1%74.6%
Term Structure-1.6%-7.7%1.9%-6.2%-0.1%
VWIV48.9%39.5%54.2%45.7%54.0%
Skew 25d6.4%-0.3%13.8%4.9%4.9%
Skew 10d12.5%1.4%25.4%1.4%6.5%
Call IV 25d47.9%40.3%55.8%50.0%47.0%
Put IV 25d54.4%47.8%64.0%54.8%52.0%
Bid-Ask Spread %76.8465.9985.8478.7583.31
Gamma HHI0.160.140.190.160.18
Net GEX-6.1K-90.6K67.1K8.9K40.2K
Net DEX3.5M320.5K6.5M507.8K1.2M
Net VEX-28.6K-37.5K-19.1K-19.1K-26.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.331.591.590.42
Total Volume1,316.7141,0971,5251,4581,142
Total OI2,859.191,5753,3871,5752,753

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$131.26$135.0047.8%13.7%28.8%56.9%45.7%4.9%-6.2%8.9K507.8K-19.1K1.5978.75564894788787
2022-05-03$128.63$135.0042.6%12.2%28.9%44.7%44.2%7.0%0.4%-65.3K2.4M-32.3K0.8483.307426231,1571,354
2022-05-04$132.35$135.0041.7%12.0%31.0%42.8%39.5%7.5%-2.5%16.9K560.2K-37.5K0.8884.607466591,3951,376
2022-05-05$125.25$145.0041.7%12.1%36.1%42.7%47.1%5.6%-1.2%-54.2K3.1M-35.0K0.8968.747466641,3991,411
2022-05-06$123.82$145.0045.8%12.7%36.2%52.3%49.3%7.4%-3.4%-58.4K3.8M-33.4K0.8072.717465981,3991,416
2022-05-09$117.86$145.0051.1%12.2%39.3%64.7%49.6%2.5%0.0%-90.6K5.5M-27.7K0.4570.778834011,3991,431
2022-05-10$117.51$120.0059.3%13.6%39.0%83.8%47.5%6.3%-3.7%-37.2K4.5M-31.6K0.4765.999324361,5581,474
2022-05-11$113.29$120.0050.4%14.5%40.0%63.1%51.0%3.1%-2.0%-40.6K6.5M-25.4K0.5369.859425021,5811,477
2022-05-12$114.45$120.0053.7%15.4%39.3%70.8%52.8%8.3%-2.3%-6395.4M-28.0K0.5672.419525311,6231,454
2022-05-13$122.91$120.0045.3%13.0%48.4%51.0%47.1%1.1%-2.2%-7.1K3.2M-31.8K0.5272.159394921,6261,475
2022-05-16$117.77$120.0046.3%13.3%50.1%53.4%46.2%9.6%-1.9%-4.0K5.5M-26.1K0.4877.261,0334921,6751,487
2022-05-17$119.95$120.0039.1%11.2%49.1%36.6%45.2%5.7%1.9%15.4K3.9M-30.9K0.3385.841,0243351,7651,487
2022-05-18$112.88$120.0050.0%14.3%51.8%62.0%51.9%13.8%-7.7%12.8K6.4M-24.1K0.3874.898753351,7641,490
2022-05-19$117.40$120.0048.9%14.0%54.2%59.5%51.8%-0.3%-0.8%35.0K4.6M-27.5K0.3975.039503681,7631,468
2022-05-20$116.85$120.0048.6%13.9%53.3%58.8%52.1%7.8%1.0%9.4K5.1M-27.0K0.4073.269183631,8821,505
2022-05-23$117.88$120.0040.2%11.5%53.4%39.1%49.8%9.2%-0.5%8.6K2.1M-27.9K0.3783.618733191,693929
2022-05-24$114.65$120.0049.8%14.3%53.0%61.6%54.2%10.9%-2.5%-13.9K3.6M-25.0K0.4278.258083361,703945
2022-05-25$116.51$120.0047.8%13.7%53.5%56.9%50.5%8.3%-1.5%-5792.7M-27.2K0.3781.279103371,711955
2022-05-26$119.47$120.0042.4%12.1%54.1%44.2%49.2%7.3%1.4%29.1K1.8M-27.8K0.4282.538063381,789955
2022-05-27$122.45$120.0041.8%12.0%55.1%42.8%49.2%3.6%-1.0%67.1K320.5K-29.2K0.4579.147593381,789955
2022-05-31$120.89$120.0043.4%12.4%55.2%46.7%54.0%4.9%-0.1%40.2K1.2M-26.7K0.4283.318043381,798955