MANH Options History — March 2023

In March 2023, MANH traded between $137.11 and $154.63. ATM implied volatility averaged 36.1%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 11.1% (HV 20d: 25.0%). Max pain ranged from $120.00 to $135.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 1.55.

Notable Days

  • 2023-03-24: Highest Volume — 140 contracts
  • 2023-03-13: Largest IV spike — 44.7% change
  • 2023-03-13: Highest IV Rank — 26.0%
  • 2023-03-15: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$145.40$137.11$154.63$143.59$154.63
Max Pain$122.83$120.00$135.00$135.00$130.00
ATM IV36.1%29.9%65.3%32.7%30.2%
Expected Move9.4%8.6%10.5%9.4%8.7%
HV 20d25.0%18.3%38.9%38.9%25.2%
HV 60d31.2%30.2%32.6%32.5%30.2%
IV Rank4.7%0.2%26.0%2.2%0.3%
IV Percentile18.5%0.4%99.6%4.4%0.8%
Term Structure5.1%-4.9%10.7%-2.1%8.9%
VWIV31.7%28.7%38.2%32.8%30.5%
Skew 25d6.1%-0.7%13.6%4.7%9.2%
Skew 10d9.3%-3.1%25.9%2.2%4.3%
Call IV 25d28.9%23.0%35.9%29.0%23.0%
Put IV 25d35.0%30.5%40.2%33.7%32.2%
Bid-Ask Spread %94.7188.96104.2199.9297.84
Gamma HHI0.240.210.280.240.27
Net GEX84.6K74.7K98.1K87.2K76.4K
Net DEX-2.9M-3.8M-2.0M-2.8M-3.8M
Net VEX-8.9K-10.2K-8.2K-10.2K-8.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.008.330.330.71
Total Volume13.3040140512
Total OI685.957617709696704

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$143.59$135.0032.7%9.4%38.9%2.2%32.8%4.7%-2.1%87.2K-2.8M-10.2K0.0099.9205403293
2023-03-02$146.75$135.0033.7%9.7%34.4%2.9%38.2%4.4%-4.9%88.1K-3.2M-10.0K0.3396.6431403296
2023-03-03$147.50$135.0031.4%9.0%34.4%1.2%0.0%-0.7%-2.6%89.5K-3.3M-9.7K0.00104.2100406297
2023-03-06$146.86$120.0034.5%8.9%19.4%3.5%28.7%6.6%3.4%90.0K-3.3M-9.4K0.0093.0840406297
2023-03-07$143.27$120.0033.5%8.8%18.6%2.7%31.8%9.0%3.2%90.4K-2.8M-9.1K0.5095.3621402297
2023-03-08$143.35$120.0030.6%8.7%18.3%0.7%29.8%1.4%3.0%87.7K-2.8M-9.2K1.0090.9222402298
2023-03-09$140.96$120.0034.6%8.9%19.0%3.6%0.0%2.6%3.8%86.7K-2.5M-9.1K0.0093.2100404305
2023-03-10$137.11$120.0045.1%9.9%21.1%11.2%0.0%6.1%2.5%78.9K-2.0M-9.0K0.0095.5205404305
2023-03-13$137.39$120.0065.3%10.3%21.1%26.0%0.0%7.0%1.8%78.8K-2.0M-9.1K0.0096.6200404305
2023-03-14$142.37$120.0064.9%10.1%24.4%25.7%0.0%3.8%2.8%83.6K-2.6M-9.1K0.0092.6600404305
2023-03-15$141.09$120.0036.7%10.5%24.4%5.1%0.0%1.8%1.8%79.5K-2.5M-8.8K0.0089.79100404305
2023-03-16$143.52$120.0033.9%9.7%24.7%3.1%0.0%8.1%8.8%84.1K-2.7M-8.9K0.0088.9602400305
2023-03-17$143.12$120.0034.4%9.9%24.1%3.4%0.0%8.8%7.6%78.2K-2.7M-8.6K1.0090.0711400305
2023-03-20$145.81$120.0035.2%10.1%25.0%4.0%32.4%13.6%6.1%79.3K-2.7M-8.6K4.8091.25524349268
2023-03-21$147.95$120.0032.7%9.4%25.3%2.1%0.0%6.5%8.6%78.4K-2.9M-8.5K1.0090.0611354283
2023-03-22$145.88$120.0032.3%9.3%25.7%1.9%0.0%7.5%7.3%82.7K-2.8M-8.3K0.0099.1102355284
2023-03-23$146.28$120.0033.5%9.6%25.1%2.8%31.2%10.8%8.9%79.9K-2.7M-8.4K0.0091.87220355286
2023-03-24$147.15$120.0032.9%9.4%24.9%2.3%0.0%8.6%7.6%85.1K-2.9M-8.2K8.3397.8115125365286
2023-03-27$148.74$120.0031.1%8.9%25.1%1.0%32.4%3.8%10.7%91.6K-3.2M-8.3K0.4096.22156380286
2023-03-28$148.17$120.0031.0%8.9%25.2%0.9%0.0%7.8%10.6%96.6K-3.2M-8.8K0.0091.9400395286
2023-03-29$150.56$120.0029.9%8.6%25.5%0.2%30.6%4.9%10.0%98.1K-3.5M-8.6K3.6396.37829395286
2023-03-30$152.05$130.0030.6%8.8%24.6%0.6%30.4%4.8%9.5%74.7K-3.5M-8.7K0.0098.9020390315
2023-03-31$154.63$130.0030.2%8.7%25.2%0.3%30.5%9.2%8.9%76.4K-3.8M-8.5K0.7197.8475389315