MANH Options History — April 2023

In April 2023, MANH traded between $152.50 and $168.41. ATM implied volatility averaged 34.1%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 12.2% (HV 20d: 21.9%). Max pain ranged from $130.00 to $155.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 3.17.

Notable Days

2023-04-26: Highest Volume — 513 contracts
2023-04-12: Largest IV spike — 41.0% change
2023-04-24: Highest IV Rank — 12.2%
2023-04-10: Largest Expected Move — 12.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$157.05	$152.50	$168.41	$156.27	$164.69
Max Pain	$147.37	$130.00	$155.00	$130.00	$155.00
ATM IV	34.1%	20.7%	42.8%	29.7%	23.4%
Expected Move	10.4%	5.9%	12.3%	8.5%	6.7%
HV 20d	21.9%	15.5%	36.2%	25.2%	36.2%
HV 60d	29.1%	28.0%	33.1%	28.8%	31.7%
IV Rank	5.9%	0.0%	12.2%	0.0%	1.8%
IV Percentile	26.4%	0.0%	62.7%	0.0%	0.4%
Term Structure	-2.2%	-8.9%	11.1%	9.5%	1.8%
VWIV	35.9%	19.4%	47.2%	29.4%	23.1%
Skew 25d	6.2%	-1.1%	12.3%	7.5%	4.8%
Skew 10d	11.8%	-3.5%	23.0%	-1.3%	8.4%
Call IV 25d	33.6%	18.5%	39.8%	27.8%	25.2%
Put IV 25d	39.8%	23.0%	49.4%	35.3%	30.0%
Bid-Ask Spread %	90.66	84.88	98.92	98.92	98.43
Gamma HHI	0.32	0.24	0.48	0.29	0.24
Net GEX	98.3K	57.7K	215.6K	74.0K	194.0K
Net DEX	-3.6M	-4.3M	-1.4M	-4.0M	-3.5M
Net VEX	-9.3K	-14.5K	-8.1K	-8.1K	-14.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.17	0.00	25.00	0.00	0.63
Total Volume	53.632	0	513	4	13
Total OI	765.316	533	922	708	922

Daily Data (19 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
2023-04-03	$156.27	$130.00	29.7%	8.5%	25.2%	0.0%	29.4%	7.5%	9.5%	74.0K	-4.0M	-8.1K	0.00	98.92	4	0	391	317
2023-04-04	$154.54	$130.00	30.1%	8.6%	23.7%	0.3%	30.1%	-1.1%	11.1%	71.4K	-3.9M	-8.1K	0.00	89.06	18	0	393	317
2023-04-05	$152.50	$130.00	28.8%	8.3%	24.4%	0.0%	29.2%	1.0%	10.2%	76.8K	-3.7M	-8.4K	1.20	93.87	5	6	402	317
2023-04-06	$153.37	$150.00	28.3%	11.7%	23.2%	0.0%	40.6%	5.9%	-5.6%	82.1K	-3.8M	-8.5K	1.00	84.88	4	4	407	317
2023-04-10	$155.16	$150.00	25.7%	12.3%	20.1%	0.0%	42.7%	6.8%	-7.0%	88.1K	-4.0M	-8.1K	14.75	85.55	4	59	409	321
2023-04-11	$152.95	$150.00	25.5%	10.7%	21.3%	0.0%	23.5%	8.2%	-0.5%	72.6K	-3.6M	-9.3K	0.48	88.19	21	10	413	360
2023-04-12	$153.18	$150.00	36.0%	10.3%	18.1%	7.4%	47.2%	8.1%	-3.5%	78.6K	-3.6M	-9.4K	1.25	85.32	8	10	430	371
2023-04-13	$155.82	$150.00	36.4%	10.4%	18.0%	7.7%	36.3%	10.8%	-1.2%	96.1K	-3.9M	-9.5K	25.00	88.98	1	25	438	381
2023-04-14	$156.13	$150.00	41.6%	11.9%	17.5%	11.4%	0.0%	5.0%	-8.9%	104.1K	-4.1M	-8.9K	0.83	88.30	6	5	439	363
2023-04-17	$156.73	$150.00	38.7%	11.1%	17.3%	9.3%	42.5%	3.4%	-6.2%	103.5K	-4.2M	-8.4K	0.00	90.56	0	40	433	359
2023-04-18	$157.33	$150.00	42.0%	12.0%	16.5%	11.6%	41.7%	4.6%	-7.4%	95.5K	-4.1M	-8.9K	1.50	89.06	2	3	433	388
2023-04-19	$157.59	$150.00	40.6%	11.6%	16.0%	10.7%	0.0%	12.3%	-6.7%	96.0K	-4.1M	-8.9K	0.00	89.50	0	0	435	391
2023-04-20	$155.93	$150.00	41.8%	12.0%	15.5%	11.5%	41.6%	6.6%	-4.8%	120.1K	-3.9M	-8.8K	0.00	88.33	67	0	435	391
2023-04-21	$158.62	$150.00	42.5%	12.2%	16.3%	12.0%	44.9%	6.8%	-6.4%	90.9K	-4.3M	-8.7K	0.27	89.20	11	3	496	391
2023-04-24	$155.60	$150.00	42.8%	12.3%	18.2%	12.2%	42.2%	7.5%	-6.3%	57.7K	-1.6M	-8.5K	2.40	92.89	25	60	326	207
2023-04-25	$152.84	$150.00	42.3%	12.1%	19.4%	11.8%	45.3%	9.6%	-6.8%	60.5K	-1.4M	-9.1K	2.13	88.06	16	34	349	263
2023-04-26	$166.22	$150.00	30.6%	8.8%	35.0%	3.6%	29.9%	4.8%	-1.1%	89.1K	-2.9M	-8.2K	0.21	94.59	424	89	362	298
2023-04-27	$168.41	$155.00	20.7%	5.9%	34.9%	0.0%	19.4%	4.5%	-1.5%	215.6K	-4.3M	-13.8K	2.23	98.80	13	29	573	303
2023-04-28	$164.69	$155.00	23.4%	6.7%	36.2%	1.8%	23.1%	4.8%	1.8%	194.0K	-3.5M	-14.5K	0.63	98.43	8	5	584	338