MANH Options History — September 2024

In September 2024, MANH traded between $251.35 and $287.34. ATM implied volatility averaged 28.4%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 4.3% (HV 20d: 24.2%). Max pain ranged from $240.00 to $260.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 6.30.

Notable Days

2024-09-30: Highest Volume — 2,362 contracts
2024-09-04: Largest IV spike — 8.3% change
2024-09-06: Highest IV Rank — 46.4%
2024-09-06: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$269.20	$251.35	$287.34	$255.61	$281.48
Max Pain	$245.00	$240.00	$260.00	$260.00	$250.00
ATM IV	28.4%	25.6%	33.5%	27.9%	27.2%
Expected Move	8.1%	7.3%	9.0%	8.0%	7.8%
HV 20d	24.2%	21.3%	26.9%	22.1%	26.9%
HV 60d	36.2%	35.8%	36.5%	36.1%	36.0%
IV Rank	27.8%	17.4%	46.4%	29.9%	22.5%
IV Percentile	61.4%	37.3%	79.4%	65.1%	54.4%
Term Structure	7.6%	-0.7%	10.0%	0.1%	10.0%
VWIV	31.5%	21.6%	38.5%	24.8%	37.0%
Skew 25d	3.8%	2.1%	7.1%	7.1%	3.3%
Skew 10d	7.3%	1.4%	11.7%	8.5%	6.6%
Call IV 25d	27.5%	25.9%	30.4%	28.1%	25.9%
Put IV 25d	31.3%	28.8%	35.2%	35.2%	29.2%
Bid-Ask Spread %	79.55	73.67	86.04	86.04	80.70
Gamma HHI	0.30	0.17	0.50	0.35	0.22
Net GEX	74.6K	-1.5M	1.3M	-755.6K	2.7K
Net DEX	-13.5M	-25.6M	4.2M	-2.4M	-19.9M
Net VEX	-62.5K	-89.1K	-42.6K	-79.5K	-60.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.30	0.29	42.74	5.31	42.74
Total Volume	327.4	3	2,362	164	2,362
Total OI	5,381	3,543	6,079	5,176	5,246

Daily Data (20 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
2024-09-03	$255.61	$260.00	27.9%	8.0%	22.1%	29.9%	24.8%	7.1%	0.1%	-755.6K	-2.4M	-79.5K	5.31	86.04	26	138	1,898	3,278
2024-09-04	$257.13	$260.00	30.1%	8.6%	21.8%	36.6%	31.2%	4.6%	-0.7%	-677.2K	-3.8M	-76.4K	17.47	83.30	19	332	1,904	3,385
2024-09-05	$252.78	$240.00	31.3%	8.6%	22.7%	40.1%	0.0%	5.8%	6.4%	-1.3M	4.2M	-89.1K	0.50	79.40	2	1	1,918	3,689
2024-09-06	$251.35	$240.00	33.5%	9.0%	21.3%	46.4%	30.6%	4.1%	5.9%	-1.5M	3.4M	-84.2K	0.33	82.49	43	14	1,917	3,688
2024-09-09	$254.19	$240.00	31.7%	8.6%	21.7%	41.1%	31.9%	5.0%	8.0%	-1.1M	-282.1K	-75.5K	8.21	80.04	19	156	1,954	3,695
2024-09-10	$258.19	$240.00	29.5%	8.3%	22.2%	34.8%	29.6%	3.6%	8.1%	-615.3K	-4.4M	-74.1K	0.32	76.76	19	6	1,960	3,795
2024-09-11	$266.76	$240.00	27.9%	8.0%	24.2%	24.6%	32.8%	3.2%	8.5%	494.1K	-14.5M	-62.5K	1.95	76.08	21	41	1,967	3,797
2024-09-12	$263.75	$240.00	29.1%	8.3%	24.4%	28.6%	33.6%	4.2%	7.7%	281.8K	-11.6M	-63.0K	3.09	75.12	34	105	1,967	3,827
2024-09-13	$262.60	$240.00	28.5%	8.2%	22.8%	26.7%	30.9%	4.3%	8.3%	506.8K	-10.9M	-59.8K	0.29	78.76	24	7	1,968	3,937
2024-09-16	$269.38	$240.00	28.8%	8.3%	24.3%	27.6%	30.8%	3.4%	8.4%	987.4K	-17.2M	-53.2K	1.94	73.67	18	35	1,972	3,940
2024-09-17	$272.61	$240.00	28.6%	8.2%	24.1%	26.9%	28.6%	2.9%	9.2%	1.1M	-20.1M	-50.1K	0.29	75.83	93	27	1,972	3,957
2024-09-18	$269.81	$240.00	27.4%	7.8%	24.2%	23.0%	31.7%	2.7%	9.6%	1.3M	-18.2M	-48.8K	0.76	79.94	29	22	1,965	3,981
2024-09-19	$274.66	$240.00	27.4%	7.9%	24.5%	23.1%	38.5%	3.0%	9.9%	1.3M	-23.0M	-47.3K	6.95	77.62	20	139	1,974	3,998
2024-09-20	$275.57	$240.00	25.8%	7.4%	24.4%	18.1%	33.5%	2.1%	9.6%	338.6K	-25.6M	-42.6K	0.33	78.40	717	236	1,969	4,110
2024-09-23	$282.05	$250.00	26.7%	7.6%	25.4%	20.9%	36.8%	2.7%	8.8%	499.7K	-21.7M	-50.7K	6.07	78.90	43	261	1,915	1,628
2024-09-24	$287.34	$250.00	25.6%	7.3%	25.9%	17.4%	21.6%	2.4%	8.3%	499.4K	-24.0M	-48.7K	18.28	81.49	32	585	1,932	1,883
2024-09-25	$283.15	$250.00	27.4%	7.8%	26.8%	23.0%	37.9%	3.9%	8.0%	210.2K	-20.7M	-58.9K	9.75	81.32	56	546	1,938	2,562
2024-09-26	$284.63	$250.00	27.9%	8.0%	26.4%	24.8%	26.8%	3.8%	7.6%	24.5K	-20.5M	-62.7K	0.60	80.85	30	18	1,966	3,103
2024-09-27	$280.96	$250.00	26.4%	7.6%	26.9%	20.1%	30.0%	3.5%	9.9%	-102.0K	-18.1M	-61.9K	0.90	84.33	143	129	1,954	3,111
2024-09-30	$281.48	$250.00	27.2%	7.8%	26.9%	22.5%	37.0%	3.3%	10.0%	2.7K	-19.9M	-60.0K	42.74	80.70	54	2,308	2,064	3,182