MANH Options History — March 2026

In March 2026, MANH traded between $127.03 and $151.71. ATM implied volatility averaged 47.5%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 4.2% (HV 20d: 51.7%). Max pain ranged from $145.00 to $170.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.04.

Notable Days

  • 2026-03-23: Highest Volume — 466 contracts
  • 2026-03-27: Largest IV spike — 8.6% change
  • 2026-03-30: Highest IV Rank — 46.5%
  • 2026-03-30: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.91$127.03$151.71$140.65$133.34
Max Pain$160.00$145.00$170.00$150.00$145.00
ATM IV47.5%43.4%53.4%47.6%49.2%
Expected Move13.5%12.4%15.3%13.6%14.1%
HV 20d51.7%37.4%69.1%66.5%37.4%
HV 60d48.6%46.2%50.4%46.2%50.2%
IV Rank37.0%30.4%46.5%37.1%39.8%
IV Percentile83.1%77.8%92.1%84.5%84.5%
Term Structure3.6%-2.6%9.5%-2.5%9.3%
VWIV47.5%41.5%51.3%48.7%48.5%
Skew 25d4.9%2.1%7.5%4.3%6.5%
Skew 10d10.9%4.5%20.1%4.5%17.8%
Call IV 25d46.0%41.5%51.6%46.1%48.3%
Put IV 25d50.9%47.0%58.1%50.4%54.8%
Bid-Ask Spread %43.0918.4482.9580.2918.57
Gamma HHI0.280.230.320.280.25
Net GEX250.5K145.6K365.7K237.6K210.3K
Net DEX-4.9M-9.9M-1.5M-4.6M-3.5M
Net VEX-49.4K-60.1K-40.0K-54.1K-44.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.096.250.140.60
Total Volume79.9097466328
Total OI2,677.3182,2902,8242,6082,824

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$140.65$150.0047.6%13.6%66.5%37.1%48.7%4.3%-2.5%237.6K-4.6M-54.1K0.1480.292841,901707
2026-03-03$147.78$150.0047.0%13.5%69.1%36.2%51.1%2.1%-2.6%306.9K-8.1M-58.6K0.4182.951771,922708
2026-03-04$143.66$150.0043.4%12.4%57.2%30.4%44.9%4.9%-2.2%285.8K-6.2M-55.7K0.3880.541351,922708
2026-03-05$147.77$170.0046.0%12.9%57.0%34.6%46.6%4.0%-0.3%330.2K-8.0M-58.1K0.3073.021031,936709
2026-03-06$151.71$170.0049.0%13.0%57.6%39.5%47.3%7.5%2.8%355.0K-9.9M-60.1K0.2777.401131,940709
2026-03-09$151.16$170.0049.2%13.3%55.0%39.8%45.2%5.6%0.9%365.7K-9.4M-58.3K0.1175.541821,947712
2026-03-10$145.22$170.0048.1%12.8%56.5%38.1%47.4%3.5%2.5%319.7K-6.9M-54.9K0.2277.111841,945708
2026-03-11$144.14$170.0045.1%12.9%56.5%33.2%51.2%5.7%1.2%301.4K-5.7M-52.5K0.4078.75521,950710
2026-03-12$141.24$170.0046.4%14.9%55.1%35.3%45.3%4.9%1.8%272.4K-5.1M-51.6K0.3333.421241,950710
2026-03-13$140.03$170.0044.7%12.9%53.2%32.6%45.9%5.2%3.0%228.1K-4.1M-48.9K1.2421.5721261,951713
2026-03-16$140.47$170.0046.0%13.4%52.8%34.6%48.8%3.9%1.1%245.2K-4.4M-47.9K3.0023.854121,965724
2026-03-17$140.59$170.0044.4%12.7%52.8%32.1%44.4%4.1%2.7%236.5K-4.3M-47.6K0.8427.3044371,969727
2026-03-18$138.94$165.0046.7%13.2%52.6%35.8%41.5%5.3%0.4%178.1K-3.4M-45.9K3.0020.6412361,996730
2026-03-19$140.04$160.0045.5%12.5%52.7%33.8%50.0%3.4%7.7%208.5K-3.8M-45.8K0.5223.9125131,996733
2026-03-20$137.80$160.0047.0%13.4%52.9%36.2%48.8%3.4%6.9%162.2K-2.9M-44.7K0.0920.47238222,019732
2026-03-23$140.28$160.0047.2%13.7%39.2%36.6%45.5%6.6%6.2%222.1K-4.9M-46.8K0.1026.23422441,769521
2026-03-24$133.69$150.0049.1%14.1%42.9%39.6%49.5%5.6%6.3%278.0K-3.6M-44.0K3.3820.348272,184508
2026-03-25$130.16$150.0047.5%13.5%43.3%37.0%45.6%5.1%9.4%221.8K-2.4M-40.4K0.6620.232571702,189523
2026-03-26$131.90$150.0048.7%14.0%42.4%39.0%47.2%6.4%9.0%219.5K-3.0M-45.4K0.1821.232852,101683
2026-03-27$127.03$150.0052.9%15.2%43.1%45.7%51.3%2.3%9.5%145.6K-1.5M-40.0K0.5526.231162,118653
2026-03-30$130.43$150.0053.4%15.3%41.1%46.5%49.3%6.5%6.9%180.8K-2.6M-42.4K6.2518.44161002,124655
2026-03-31$133.34$145.0049.2%14.1%37.4%39.8%48.5%6.5%9.3%210.3K-3.5M-44.0K0.6018.57532,137687