MANH Options History — October 2023

In October 2023, MANH traded between $185.01 and $210.59. ATM implied volatility averaged 34.9%, placing in the 36.2% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 5.2% (HV 20d: 29.7%). Max pain ranged from $190.00 to $200.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 2.78.

Notable Days

  • 2023-10-26: Highest Volume — 463 contracts
  • 2023-10-11: Largest IV spike — 58.8% change
  • 2023-10-24: Highest IV Rank — 57.4%
  • 2023-10-24: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$198.38$185.01$210.59$198.09$195.05
Max Pain$198.18$190.00$200.00$190.00$195.00
ATM IV34.9%22.4%45.0%26.8%30.3%
Expected Move10.5%7.7%12.9%7.7%8.7%
HV 20d29.7%24.7%35.0%24.7%35.0%
HV 60d26.7%25.3%28.3%25.6%28.3%
IV Rank36.2%10.2%57.4%19.3%26.5%
IV Percentile57.7%7.1%89.7%29.0%42.9%
Term Structure-2.8%-7.6%10.4%10.4%0.2%
VWIV36.9%28.0%46.4%28.0%31.3%
Skew 25d4.6%1.5%7.3%1.5%3.8%
Skew 10d8.5%0.5%13.6%5.0%11.7%
Call IV 25d34.9%27.1%43.0%27.1%29.2%
Put IV 25d39.4%28.6%49.2%28.6%33.0%
Bid-Ask Spread %68.3149.3781.4579.1577.08
Gamma HHI0.220.140.440.180.15
Net GEX640.8K46.9K1.2M505.6K213.3K
Net DEX-8.3M-18.2M-71.5K-7.8M-3.0M
Net VEX-46.4K-54.8K-33.0K-48.2K-46.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.780.0014.590.091.88
Total Volume168.45517463137325
Total OI2,532.2731,8382,8892,4042,533

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$198.09$190.0026.8%7.7%24.7%19.3%28.0%1.5%10.4%505.6K-7.8M-48.2K0.0979.15126111,658746
2023-10-03$194.84$190.0032.1%9.2%25.3%30.3%32.1%3.7%6.8%427.0K-6.4M-52.4K3.1776.626191,753743
2023-10-04$199.50$190.0030.2%8.7%26.8%26.4%29.5%2.9%7.9%581.2K-9.2M-51.8K0.0481.45315141,752733
2023-10-05$200.16$200.0029.4%10.7%26.8%24.8%38.7%6.2%-2.9%716.3K-10.3M-54.4K0.7969.2314111,925744
2023-10-06$207.26$200.0028.6%10.7%29.6%23.1%37.8%5.2%-6.1%908.4K-15.4M-54.8K6.8161.64322181,935742
2023-10-09$207.74$200.0029.5%10.9%29.1%24.9%38.9%4.3%-6.6%975.2K-15.8M-52.5K12.2161.50141711,936661
2023-10-10$210.59$200.0022.4%10.4%28.3%10.2%36.6%3.7%-3.8%1.1M-18.2M-52.3K0.9367.6355511,943732
2023-10-11$209.38$200.0035.6%10.2%28.4%37.8%37.7%3.8%-3.5%1.0M-17.5M-51.5K0.7064.1527191,943749
2023-10-12$204.69$200.0039.5%11.3%29.2%46.0%38.2%3.6%-7.1%1.0M-13.8M-50.0K1.0764.4740431,951756
2023-10-13$200.21$200.0040.2%11.5%28.7%47.4%40.4%5.5%-7.6%885.9K-10.5M-49.7K2.5063.7330751,972772
2023-10-16$204.76$200.0039.2%11.2%29.0%45.2%37.3%4.0%-6.5%1.1M-14.4M-46.6K0.0061.671701,972768
2023-10-17$206.68$200.0036.8%10.6%29.1%40.3%38.9%5.3%-6.0%1.2M-16.0M-46.5K5.5064.964221,978768
2023-10-18$201.70$200.0040.5%11.6%30.5%48.1%41.1%7.3%-7.3%1.2M-11.8M-43.9K0.0369.9910431,981786
2023-10-19$195.45$200.0042.1%12.1%28.1%51.3%40.4%4.7%-6.9%735.3K-5.9M-40.1K0.1062.44278271,982787
2023-10-20$190.63$200.0043.9%12.6%29.5%55.2%46.1%7.2%-7.0%1.0M-2.7M-39.2K3.7457.98461722,092797
2023-10-23$185.01$200.0044.8%12.9%31.1%57.1%44.1%6.5%-7.3%146.2K-1.2M-33.0K14.5970.42172481,419419
2023-10-24$189.88$200.0045.0%12.9%32.3%57.4%46.4%5.3%-6.5%81.7K-398.7K-40.3K0.5349.372001061,429623
2023-10-25$192.52$200.0032.5%9.3%32.6%31.2%33.0%3.5%-1.4%56.2K-1.2M-42.2K1.6970.0749831,493685
2023-10-26$193.00$195.0032.5%9.3%32.3%31.2%32.3%4.5%0.9%46.9K-1.2M-41.8K1.1176.372192441,507707
2023-10-27$188.06$200.0032.9%9.4%33.4%32.0%31.5%3.2%-0.6%106.3K-488.8K-42.0K1.0875.9038411,693703
2023-10-30$189.05$200.0032.2%9.2%33.5%30.5%32.3%4.2%-0.5%68.9K-71.5K-40.7K2.5876.98481241,716726
2023-10-31$195.05$195.0030.3%8.7%35.0%26.5%31.3%3.8%0.2%213.3K-3.0M-46.5K1.8877.081132121,749784