MANH Options History — November 2024

In November 2024, MANH traded between $264.49 and $292.13. ATM implied volatility averaged 29.1%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 7.9% (HV 20d: 37.0%). Max pain ranged from $250.00 to $290.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.73.

Notable Days

2024-11-13: Highest Volume — 595 contracts
2024-11-11: Largest IV spike — 23.2% change
2024-11-05: Highest IV Rank — 48.5%
2024-11-01: Largest Expected Move — 9.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$278.71	$264.49	$292.13	$264.49	$286.54
Max Pain	$282.00	$250.00	$290.00	$250.00	$280.00
ATM IV	29.1%	25.8%	35.5%	33.8%	27.0%
Expected Move	8.0%	7.4%	9.7%	9.7%	7.7%
HV 20d	37.0%	32.0%	40.8%	34.2%	33.8%
HV 60d	29.9%	27.2%	32.1%	27.2%	31.1%
IV Rank	28.4%	18.0%	48.5%	43.3%	21.9%
IV Percentile	60.7%	36.1%	80.2%	79.4%	49.6%
Term Structure	-0.6%	-3.4%	1.5%	-3.4%	-1.2%
VWIV	28.3%	26.0%	35.6%	35.6%	27.1%
Skew 25d	1.7%	0.4%	5.3%	5.3%	1.0%
Skew 10d	5.8%	1.4%	15.5%	9.4%	10.3%
Call IV 25d	27.6%	25.9%	31.4%	31.4%	27.4%
Put IV 25d	29.3%	27.0%	36.7%	36.7%	28.4%
Bid-Ask Spread %	79.79	73.90	89.67	85.53	89.67
Gamma HHI	0.32	0.19	0.49	0.30	0.26
Net GEX	641.8K	222.1K	1.2M	417.4K	535.5K
Net DEX	-10.2M	-21.3M	-2.2M	-5.9M	-8.5M
Net VEX	-34.2K	-41.1K	-27.8K	-35.2K	-39.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.73	0.00	22.00	2.71	0.67
Total Volume	69.25	4	595	26	5
Total OI	2,042	1,117	2,867	2,662	1,312

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
2024-11-01	$264.49	$250.00	33.8%	9.7%	34.2%	43.3%	35.6%	5.3%	-3.4%	417.4K	-5.9M	-35.2K	2.71	85.53	7	19	1,788	874
2024-11-04	$266.84	$280.00	34.5%	8.8%	34.4%	45.6%	30.4%	3.8%	-1.7%	496.7K	-7.1M	-34.4K	22.00	74.69	4	88	1,793	877
2024-11-05	$265.06	$280.00	35.5%	8.3%	33.5%	48.5%	31.2%	3.4%	-1.4%	423.7K	-5.9M	-33.2K	0.64	73.90	14	9	1,797	898
2024-11-06	$281.91	$280.00	30.0%	7.8%	40.0%	31.2%	28.1%	2.6%	0.4%	990.0K	-16.5M	-34.8K	0.64	77.99	44	28	1,800	904
2024-11-07	$284.68	$280.00	29.4%	7.6%	40.0%	29.5%	27.5%	1.6%	0.8%	1.0M	-18.3M	-33.5K	0.79	75.97	38	30	1,775	890
2024-11-08	$282.88	$280.00	25.9%	7.4%	39.4%	18.6%	26.8%	0.9%	1.5%	1.1M	-17.2M	-31.7K	2.50	77.87	2	5	1,773	900
2024-11-11	$283.98	$280.00	32.0%	7.8%	38.7%	37.5%	28.0%	0.9%	0.2%	1.2M	-18.0M	-28.6K	0.27	82.68	41	11	1,776	904
2024-11-12	$283.94	$280.00	30.6%	7.9%	38.7%	33.4%	27.3%	1.0%	-1.6%	1.2M	-18.4M	-27.8K	1.36	75.73	28	38	1,774	910
2024-11-13	$288.24	$280.00	27.2%	7.8%	39.3%	22.4%	27.6%	0.4%	-0.3%	1.1M	-21.3M	-27.9K	0.06	74.38	559	36	1,782	941
2024-11-14	$280.26	$290.00	26.7%	7.7%	40.2%	21.0%	27.2%	1.4%	-0.1%	1.1M	-15.7M	-36.9K	0.10	76.26	20	2	1,897	970
2024-11-15	$271.91	$290.00	28.6%	8.2%	40.8%	27.0%	28.6%	0.4%	-0.4%	352.2K	-9.9M	-33.7K	1.50	78.12	6	9	1,906	952
2024-11-18	$271.01	$290.00	27.6%	7.9%	40.6%	23.7%	28.1%	2.1%	0.0%	222.1K	-2.3M	-31.5K	0.52	80.20	33	17	782	335
2024-11-19	$271.50	$290.00	28.3%	8.1%	40.7%	25.9%	28.6%	2.2%	-1.8%	231.0K	-2.2M	-32.2K	0.09	80.83	45	4	811	340
2024-11-20	$272.00	$290.00	29.2%	8.4%	32.0%	28.7%	28.7%	0.8%	-1.7%	245.7K	-2.5M	-32.8K	0.00	79.71	4	0	828	342
2024-11-21	$271.72	$290.00	29.0%	8.3%	32.0%	28.1%	28.5%	1.9%	-1.0%	246.6K	-2.7M	-33.2K	0.23	79.10	22	5	829	342
2024-11-22	$280.05	$290.00	26.7%	7.7%	33.4%	21.1%	26.8%	1.0%	0.2%	345.7K	-4.7M	-35.0K	0.01	82.64	99	1	831	345
2024-11-25	$292.13	$280.00	27.0%	7.7%	36.5%	21.8%	27.7%	1.1%	-0.7%	555.8K	-10.0M	-41.1K	0.19	81.47	47	9	919	345
2024-11-26	$288.03	$280.00	26.4%	7.6%	37.0%	20.1%	27.0%	2.1%	0.3%	521.8K	-8.6M	-40.4K	0.20	85.07	30	6	943	349
2024-11-27	$286.94	$280.00	25.8%	7.4%	34.4%	18.0%	26.0%	1.2%	0.3%	516.0K	-8.3M	-40.4K	0.05	83.91	19	1	953	353
2024-11-29	$286.54	$280.00	27.0%	7.7%	33.8%	21.9%	27.1%	1.0%	-1.2%	535.5K	-8.5M	-39.5K	0.67	89.67	3	2	959	353