MANH Options History — May 2024

In May 2024, MANH traded between $209.08 and $230.00. ATM implied volatility averaged 22.6%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 16.3% (HV 20d: 38.8%). Max pain ranged from $210.00 to $210.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.34.

Notable Days

  • 2024-05-10: Highest Volume — 325 contracts
  • 2024-05-13: Largest IV spike — 30.5% change
  • 2024-05-13: Highest IV Rank — 30.8%
  • 2024-05-01: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$219.46$209.08$230.00$209.34$217.60
Max Pain$210.00$210.00$210.00$210.00$210.00
ATM IV22.6%20.0%26.7%25.3%22.7%
Expected Move6.4%5.7%7.3%7.3%6.5%
HV 20d38.8%20.6%48.0%45.3%23.8%
HV 60d31.7%31.2%32.3%31.2%32.2%
IV Rank16.9%8.2%30.8%26.2%17.3%
IV Percentile14.1%0.8%56.7%34.9%13.1%
Term Structure-0.1%-2.0%1.7%-0.7%-1.7%
VWIV22.6%20.0%25.9%25.9%24.8%
Skew 25d1.2%-0.3%3.8%0.5%2.1%
Skew 10d2.6%-0.3%7.0%-0.3%4.4%
Call IV 25d22.2%20.0%25.9%25.9%22.7%
Put IV 25d23.4%20.6%29.3%26.4%24.9%
Bid-Ask Spread %81.7866.5490.2880.5088.41
Gamma HHI0.390.190.660.580.19
Net GEX-171.4K-1.3M747.2K-1.1M399.3K
Net DEX-4.1M-11.8M6.1M6.0M-4.6M
Net VEX-49.3K-53.5K-45.0K-53.3K-46.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.0220.000.070.70
Total Volume89.818532511639
Total OI3,753.2272,2994,9704,3102,494

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$209.34$210.0025.3%7.3%45.3%26.2%25.9%0.5%-0.7%-1.1M6.0M-53.3K0.0780.5010882,5691,741
2024-05-02$209.08$210.0024.9%7.2%45.3%25.0%25.7%3.8%-2.0%-1.1M6.1M-53.5K0.7185.1017122,6151,750
2024-05-03$211.97$210.0023.8%6.8%45.7%21.0%21.4%2.1%-0.4%-1.1M3.4M-52.0K0.0286.6419842,6221,761
2024-05-06$211.90$210.0025.4%7.0%45.7%26.5%24.6%1.1%-0.4%-1.2M3.2M-51.0K0.2080.6094192,7341,763
2024-05-07$216.64$210.0022.5%6.7%46.8%16.8%24.2%1.7%1.0%-789.0K-2.0M-51.4K0.0769.04267202,8061,775
2024-05-08$213.69$210.0024.0%6.7%46.8%21.8%22.7%1.3%0.0%-1.1M715.3K-51.1K0.1367.41101132,9571,770
2024-05-09$217.20$210.0021.1%6.2%47.2%11.9%0.0%0.9%0.4%-733.8K-2.9M-48.5K0.5566.5420112,9611,774
2024-05-10$217.14$210.0020.4%6.1%47.1%9.7%22.3%-0.2%-0.1%-719.6K-3.3M-46.8K0.0667.16307182,9681,774
2024-05-13$213.96$210.0026.7%6.4%46.2%30.8%22.2%1.3%-1.1%-1.3M-1.1M-49.8K0.1769.042343,1111,790
2024-05-14$216.17$210.0023.4%6.5%46.4%19.6%21.8%-0.1%-1.0%-820.1K-3.4M-47.7K0.7584.411293,1291,791
2024-05-15$222.57$210.0020.9%6.0%47.8%11.2%20.8%0.9%0.1%478.1K-9.2M-47.6K0.3175.891653,1341,798
2024-05-16$225.42$210.0021.2%6.1%48.0%12.4%22.8%2.3%0.7%522.8K-10.4M-47.8K0.2485.4475183,1381,800
2024-05-17$229.06$210.0020.0%5.7%47.8%8.2%21.2%-0.3%1.7%747.2K-11.8M-48.8K0.2486.0094233,1561,814
2024-05-20$230.00$210.0020.2%5.8%47.6%8.8%20.0%1.9%0.3%543.6K-9.2M-48.8K0.0487.852311,787512
2024-05-21$226.29$210.0021.0%6.0%47.7%11.6%21.3%0.6%1.1%507.4K-7.9M-47.6K0.5986.9432191,805513
2024-05-22$223.77$210.0021.4%6.1%20.7%13.0%20.8%1.0%1.4%485.4K-6.9M-45.0K0.0287.3321741,830521
2024-05-23$224.61$210.0022.3%6.4%20.6%16.0%21.4%3.5%-0.3%534.2K-8.0M-51.5K3.0090.28261,880524
2024-05-24$228.00$210.0020.6%5.9%20.8%10.4%21.2%0.4%-0.3%596.6K-9.6M-51.0K0.0387.373011,882529
2024-05-28$225.51$210.0021.5%6.2%21.4%13.3%22.6%0.5%0.0%544.5K-8.3M-51.2K1.5090.14231,878529
2024-05-29$221.62$210.0022.6%6.5%22.1%17.0%22.3%0.6%0.1%481.0K-6.5M-48.4K0.1088.977371,877531
2024-05-30$216.55$210.0024.3%7.0%23.8%22.9%25.6%0.8%-1.9%393.9K-4.6M-45.9K20.0088.131201,947531
2024-05-31$217.60$210.0022.7%6.5%23.8%17.3%24.8%2.1%-1.7%399.3K-4.6M-46.6K0.7088.4123161,948546