MANH Options History — January 2024

In January 2024, MANH traded between $199.63 and $241.75. ATM implied volatility averaged 35.8%, placing in the 38.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 9.9% (HV 20d: 25.9%). Max pain ranged from $210.00 to $220.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.10.

Notable Days

  • 2024-01-31: Highest Volume — 636 contracts
  • 2024-01-10: Largest IV spike — 40.0% change
  • 2024-01-29: Highest IV Rank — 61.7%
  • 2024-01-29: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$214.72$199.63$241.75$205.98$241.75
Max Pain$214.29$210.00$220.00$220.00$220.00
ATM IV35.8%24.8%47.0%25.6%30.4%
Expected Move10.8%7.1%13.5%7.3%8.7%
HV 20d25.9%24.1%31.5%24.1%31.5%
HV 60d26.9%24.6%29.1%29.1%28.5%
IV Rank38.1%15.0%61.7%16.8%26.8%
IV Percentile70.5%25.4%97.2%31.3%61.1%
Term Structure-4.8%-10.8%15.3%11.9%-3.4%
VWIV37.4%25.4%45.7%27.7%30.1%
Skew 25d3.0%-0.0%5.0%3.1%1.2%
Skew 10d7.1%3.0%13.3%5.9%3.9%
Call IV 25d36.7%25.9%44.7%25.9%29.6%
Put IV 25d39.7%26.0%49.3%29.0%30.8%
Bid-Ask Spread %69.9061.6486.8184.9685.63
Gamma HHI0.250.150.470.220.18
Net GEX152.1K-292.4K349.0K152.3K349.0K
Net DEX-773.9K-9.6M7.3M3.6M-9.6M
Net VEX-39.1K-46.0K-36.1K-46.0K-36.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.100.0213.401.540.53
Total Volume181.191563633636
Total OI2,966.4291,7223,7313,4862,325

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$205.98$220.0025.6%7.3%24.1%16.8%27.7%3.1%11.9%152.3K3.6M-46.0K1.5484.9613202,4191,067
2024-01-03$204.44$220.0024.8%7.1%24.1%15.0%28.5%-0.0%15.3%205.0K3.8M-45.5K13.2886.81324252,4181,065
2024-01-04$200.89$210.0025.1%10.1%24.4%15.8%34.5%3.7%-6.3%82.9K6.6M-39.8K0.1268.56184222,4371,072
2024-01-05$199.63$210.0026.0%10.4%24.4%17.6%25.4%2.7%-5.0%81.2K7.3M-37.9K0.1063.85126122,5831,080
2024-01-08$202.29$210.0025.6%10.4%25.2%16.8%36.0%1.3%-3.6%149.4K4.3M-37.7K1.5464.7326402,561975
2024-01-09$203.70$210.0025.8%10.8%25.5%17.3%37.6%3.4%-5.6%194.7K4.1M-37.5K1.0761.6414152,574989
2024-01-10$206.36$210.0036.2%10.4%26.1%38.9%36.9%4.2%-5.0%297.6K1.9M-37.7K0.7365.0115112,587950
2024-01-11$206.98$210.0036.7%10.5%25.9%40.1%38.6%3.7%-6.0%276.0K1.9M-36.6K13.4062.665672,586949
2024-01-12$210.37$210.0037.2%10.7%26.8%41.0%36.7%3.5%-5.5%331.0K594.6K-39.2K0.9464.4117162,585993
2024-01-16$216.28$210.0038.2%10.9%26.8%43.2%40.0%5.0%-6.0%258.4K-2.8M-38.0K0.4163.8739162,577998
2024-01-17$215.94$210.0038.2%10.9%26.4%43.2%40.8%3.4%-7.0%142.7K-2.9M-36.7K5.8070.36251452,591986
2024-01-18$216.71$210.0039.3%11.3%25.3%45.5%40.5%2.4%-6.3%49.3K-2.8M-37.3K0.1268.371722,6011,128
2024-01-19$221.09$210.0039.9%11.4%25.5%46.7%39.3%4.5%-6.5%-292.4K-7.8M-36.1K0.9069.091401262,6021,129
2024-01-22$223.90$220.0040.9%11.7%25.4%48.9%40.0%3.7%-7.0%133.0K-3.6M-38.6K1.0865.5736391,071651
2024-01-23$223.43$220.0040.6%11.6%25.4%48.2%40.4%2.7%-6.9%121.4K-3.4M-38.6K0.3372.741241,084674
2024-01-24$222.04$220.0039.6%11.4%25.4%46.2%40.1%2.2%-7.8%114.4K-3.2M-38.3K0.0276.42567121,089674
2024-01-25$218.37$220.0043.9%12.6%26.1%55.1%42.5%2.5%-8.6%96.1K-2.5M-39.1K0.0473.93313121,448674
2024-01-26$219.38$220.0044.0%12.6%25.3%55.3%38.4%1.6%-9.9%124.1K-3.0M-41.5K0.0667.37280161,342683
2024-01-29$224.93$210.0047.0%13.5%26.7%61.7%45.6%4.1%-10.5%164.5K-4.5M-41.5K0.1568.401321,340698
2024-01-30$224.66$220.0046.7%13.4%26.5%60.9%45.7%4.8%-10.8%164.2K-4.4M-41.1K2.0263.54971961,341699
2024-01-31$241.75$220.0030.4%8.7%31.5%26.8%30.1%1.2%-3.4%349.0K-9.6M-36.6K0.5385.634162201,618707