MANH Options History — July 2022

In July 2022, MANH traded between $108.84 and $141.32. ATM implied volatility averaged 45.9%, placing in the 52.6% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 2.7% (HV 20d: 48.7%). Max pain ranged from $110.00 to $130.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.81.

Notable Days

2022-07-29: Highest Volume — 1,052 contracts
2022-07-11: Largest IV spike — 25.6% change
2022-07-12: Highest IV Rank — 70.7%
2022-07-05: Largest Expected Move — 14.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$120.87	$108.84	$141.32	$116.98	$141.32
Max Pain	$112.75	$110.00	$130.00	$130.00	$125.00
ATM IV	45.9%	33.2%	53.7%	43.7%	37.9%
Expected Move	13.5%	9.5%	14.8%	12.5%	10.9%
HV 20d	48.7%	38.7%	70.5%	47.8%	70.0%
HV 60d	49.0%	45.8%	59.1%	45.8%	59.0%
IV Rank	52.6%	22.8%	70.7%	47.4%	33.8%
IV Percentile	76.2%	31.7%	94.8%	73.0%	46.8%
Term Structure	-1.7%	-6.0%	4.3%	4.3%	3.3%
VWIV	48.0%	39.3%	52.0%	42.2%	39.3%
Skew 25d	7.5%	-0.4%	11.9%	8.1%	9.4%
Skew 10d	11.9%	-1.3%	18.6%	15.0%	12.6%
Call IV 25d	46.5%	37.8%	56.2%	40.7%	38.3%
Put IV 25d	54.0%	42.9%	61.0%	48.8%	47.8%
Bid-Ask Spread %	74.58	59.83	93.22	93.22	81.86
Gamma HHI	0.19	0.09	0.36	0.15	0.09
Net GEX	-6.3K	-63.1K	23.7K	-17.4K	10.7K
Net DEX	487.4K	-2.3M	4.3M	1.9M	-2.3M
Net VEX	-17.6K	-29.3K	-13.8K	-18.8K	-29.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.81	0.67	1.90	0.73	0.68
Total Volume	638.6	436	1,052	682	1,052
Total OI	1,490.5	596	2,068	2,026	1,573

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
2022-07-01	$116.98	$130.00	43.7%	12.5%	47.8%	47.4%	42.2%	8.1%	4.3%	-17.4K	1.9M	-18.8K	0.73	93.22	395	287	1,312	714
2022-07-05	$120.83	$110.00	44.3%	14.8%	48.9%	48.8%	50.3%	11.5%	-5.1%	-19.0K	1.1M	-19.0K	0.75	65.31	397	298	1,324	716
2022-07-06	$122.16	$110.00	45.2%	14.1%	49.1%	51.0%	48.8%	6.8%	-1.8%	-8.6K	523.3K	-18.8K	0.75	64.99	395	298	1,328	717
2022-07-07	$124.27	$110.00	41.8%	14.0%	48.4%	42.9%	49.7%	8.3%	-0.9%	-38.9K	163.5K	-18.1K	0.76	69.20	390	298	1,333	717
2022-07-08	$123.74	$110.00	40.2%	13.4%	48.2%	39.3%	49.0%	11.9%	-1.5%	-33.7K	437.1K	-17.9K	0.76	71.22	320	244	1,333	721
2022-07-11	$122.17	$110.00	50.5%	13.9%	47.5%	63.3%	51.3%	6.1%	-1.5%	-57.9K	1.2M	-16.2K	0.76	71.90	320	244	1,336	729
2022-07-12	$116.04	$110.00	53.7%	14.4%	48.5%	70.7%	50.5%	7.5%	-2.5%	-12.4K	2.6M	-15.3K	0.76	70.50	322	244	1,335	729
2022-07-13	$111.72	$110.00	49.2%	14.1%	44.1%	60.3%	49.1%	5.7%	-2.3%	11.3K	3.4M	-14.3K	0.73	72.78	323	236	1,335	729
2022-07-14	$108.84	$110.00	50.3%	14.4%	45.1%	62.7%	52.0%	6.5%	-6.0%	-63.1K	4.3M	-13.8K	0.69	71.74	331	229	1,336	732
2022-07-15	$112.02	$110.00	48.9%	14.0%	45.5%	59.5%	48.6%	5.3%	-4.8%	9.4K	3.1M	-13.9K	0.69	73.92	333	229	1,345	671
2022-07-18	$112.69	$110.00	48.2%	13.8%	42.3%	57.8%	48.4%	7.5%	-2.8%	13.7K	-153.7K	-13.9K	0.69	77.71	258	178	291	305
2022-07-19	$114.19	$110.00	48.7%	14.0%	40.9%	59.2%	49.1%	9.7%	-4.3%	9.9K	-242.7K	-13.8K	0.72	79.50	255	183	291	307
2022-07-20	$119.32	$110.00	47.6%	13.7%	43.6%	56.6%	48.9%	7.6%	-1.7%	16.8K	-692.1K	-14.2K	0.67	74.82	275	183	296	312
2022-07-21	$120.69	$110.00	50.5%	14.5%	43.4%	63.2%	49.8%	9.8%	-4.9%	23.1K	-794.4K	-14.3K	0.67	80.92	275	183	312	312
2022-07-22	$118.51	$110.00	48.0%	13.8%	41.5%	57.5%	49.7%	6.5%	-2.8%	23.7K	-637.6K	-14.2K	1.90	76.31	260	494	312	312
2022-07-25	$118.45	$110.00	50.2%	14.4%	38.7%	62.6%	50.4%	7.7%	-4.7%	1.5K	-225.3K	-19.0K	0.86	78.94	265	229	314	616
2022-07-26	$116.55	$110.00	49.2%	14.1%	39.1%	60.1%	49.9%	-0.4%	-0.8%	-10.1K	340.1K	-22.4K	1.20	59.83	291	349	320	746
2022-07-27	$137.89	$115.00	37.7%	10.8%	70.5%	33.3%	42.8%	9.7%	1.9%	6.4K	-2.2M	-18.6K	0.74	79.01	519	386	352	865
2022-07-28	$139.10	$125.00	33.2%	9.5%	70.5%	22.8%	39.7%	5.2%	4.1%	9.5K	-2.2M	-27.1K	0.74	78.03	577	427	477	1,005
2022-07-29	$141.32	$125.00	37.9%	10.9%	70.0%	33.8%	39.3%	9.4%	3.3%	10.7K	-2.3M	-29.3K	0.68	81.86	627	425	509	1,064