MANH Options History — August 2023

In August 2023, MANH traded between $185.05 and $203.25. ATM implied volatility averaged 23.8%, placing in the 2.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 2.5% (HV 20d: 26.3%). Max pain ranged from $190.00 to $195.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 1.42.

Notable Days

  • 2023-08-30: Highest Volume — 315 contracts
  • 2023-08-09: Largest IV drop — 12.5% change
  • 2023-08-08: Highest IV Rank — 5.1%
  • 2023-08-04: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$191.09$185.05$203.25$191.33$203.10
Max Pain$190.43$190.00$195.00$195.00$190.00
ATM IV23.8%20.6%28.1%25.4%22.2%
Expected Move6.8%5.9%7.7%7.3%6.4%
HV 20d26.3%22.5%29.7%27.1%24.6%
HV 60d23.2%22.2%24.4%22.2%24.4%
IV Rank2.1%0.0%5.1%3.3%1.1%
IV Percentile6.3%0.0%19.0%7.9%4.0%
Term Structure2.3%0.2%4.6%2.5%0.7%
VWIV24.0%19.0%35.1%25.1%21.4%
Skew 25d2.2%-7.3%5.9%-7.3%2.6%
Skew 10d6.4%0.3%17.5%0.3%9.0%
Call IV 25d23.3%20.6%30.2%30.2%21.5%
Put IV 25d25.6%22.4%31.6%22.8%24.2%
Bid-Ask Spread %84.8074.5894.1091.1291.39
Gamma HHI0.160.120.330.140.17
Net GEX280.7K-169.8K490.1K310.2K490.1K
Net DEX-4.7M-10.3M-809.1K-5.2M-10.2M
Net VEX-44.7K-50.8K-37.3K-48.0K-50.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.420.006.000.833.00
Total Volume72.56563158628
Total OI2,217.1741,7092,5202,3461,940

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$191.33$195.0025.4%7.3%27.1%3.3%25.1%-7.3%2.5%310.2K-5.2M-48.0K0.8391.1247391,445901
2023-08-02$187.57$195.0026.5%7.6%27.8%4.0%35.1%2.1%0.3%219.7K-2.9M-46.0K0.0486.136731,480923
2023-08-03$188.06$190.0024.5%7.0%27.7%2.6%23.6%5.1%0.2%228.9K-3.1M-46.5K2.8286.9011311,476925
2023-08-04$186.38$190.0024.2%7.7%27.9%2.4%24.2%3.9%0.3%162.2K-2.2M-46.4K0.2491.813481,477931
2023-08-07$189.11$190.0025.3%6.9%28.2%3.2%25.1%-0.5%2.2%257.1K-3.7M-46.2K0.0779.965941,497939
2023-08-08$186.12$190.0028.1%7.0%28.0%5.1%24.3%4.6%2.3%153.7K-1.6M-42.4K0.0786.2713291,498942
2023-08-09$185.69$190.0024.6%7.1%27.6%2.7%24.6%1.6%1.5%148.7K-1.6M-41.6K0.1985.224891,576929
2023-08-10$186.52$190.0022.8%6.5%27.7%1.4%22.8%1.6%3.0%159.4K-1.9M-41.9K0.3383.281241,548928
2023-08-11$191.91$190.0021.2%6.1%29.7%0.3%24.3%1.9%4.6%377.5K-5.5M-45.8K0.5494.1052281,544932
2023-08-14$192.38$190.0023.3%6.7%28.8%1.8%22.6%1.8%0.9%417.5K-5.3M-42.4K1.0786.9214151,576941
2023-08-15$191.37$190.0024.0%6.9%28.7%2.3%22.0%3.9%3.0%397.2K-5.0M-44.5K0.0084.84701,578941
2023-08-16$190.50$190.0023.5%6.7%28.3%1.9%0.0%3.6%2.3%275.2K-4.2M-43.3K6.0087.25161,579941
2023-08-17$185.05$190.0024.1%6.9%29.5%2.3%24.0%2.9%3.4%-27.9K-809.1K-37.3K3.1079.6710311,580938
2023-08-18$186.46$190.0024.2%6.9%23.1%2.4%24.0%5.9%3.0%-169.8K-2.8M-39.7K0.1880.86169311,588880
2023-08-21$187.37$190.0024.6%7.1%23.2%2.7%24.1%3.5%3.2%338.5K-4.3M-43.1K5.2986.0514741,390319
2023-08-22$190.27$190.0024.0%6.9%23.6%2.3%23.3%2.9%1.8%353.2K-5.0M-43.5K5.2674.58271421,378355
2023-08-23$194.53$190.0024.9%7.1%22.5%2.9%24.4%2.0%0.9%373.1K-6.6M-49.0K0.9378.8015141,389436
2023-08-24$190.82$190.0024.3%7.0%23.5%2.5%24.3%1.0%2.7%324.3K-4.7M-45.3K0.7977.4338301,393434
2023-08-25$193.07$190.0022.3%6.4%23.8%1.1%24.4%2.7%3.1%351.1K-5.7M-47.2K0.0078.65061,425457
2023-08-28$193.92$190.0021.9%6.3%23.2%0.8%22.5%1.5%3.6%371.6K-6.0M-45.5K0.0780.592821,425463
2023-08-29$200.22$190.0020.6%5.9%25.6%0.0%21.8%1.9%3.0%460.4K-9.1M-46.2K0.4187.3739161,412465
2023-08-30$203.25$190.0021.0%6.0%24.6%0.2%19.0%2.3%3.9%484.1K-10.3M-45.9K0.0691.28297181,409472
2023-08-31$203.10$190.0022.2%6.4%24.6%1.1%21.4%2.6%0.7%490.1K-10.2M-50.8K3.0091.397211,453487