DBEU Options History — April 2016

In April 2016, DBEU traded between $24.11 and $25.86. ATM implied volatility averaged 19.6%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 4.4% (HV 20d: 15.3%). Max pain ranged from $25.00 to $25.86. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.01.

Notable Days

2016-04-08: Highest Volume — 37 contracts
2016-04-13: Largest IV drop — 37.2% change
2016-04-12: Highest IV Rank — 14.0%
2016-04-07: Largest Expected Move — 6.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.09	$24.11	$25.86	$24.52	$25.20
Max Pain	$25.04	$25.00	$25.86	$25.86	$25.00
ATM IV	19.6%	15.3%	30.5%	16.5%	19.8%
Expected Move	5.3%	4.4%	6.3%	4.7%	5.7%
HV 20d	15.3%	13.0%	16.3%	13.2%	16.1%
HV 60d	20.5%	18.3%	22.4%	22.4%	18.4%
IV Rank	8.4%	6.2%	14.0%	6.8%	8.5%
IV Percentile	46.6%	25.4%	80.6%	30.6%	54.4%
Term Structure	57.9%	0.0%	120.4%	2.7%	0.0%
VWIV	18.4%	15.5%	21.8%	21.8%	19.8%
Skew 25d	4.4%	1.9%	7.7%	3.8%	1.9%
Skew 10d	4.4%	0.8%	8.6%	3.3%	2.4%
Call IV 25d	16.5%	13.0%	19.5%	18.2%	18.5%
Put IV 25d	20.9%	17.0%	24.9%	22.0%	20.4%
Bid-Ask Spread %	122.99	112.87	129.08	122.10	127.94
Gamma HHI	0.55	0.33	0.85	0.68	0.34
Net GEX	4.0K	1.4K	13.2K	5.1K	3.4K
Net DEX	-40.1K	-65.3K	-29.3K	-42.5K	-30.3K
Net VEX	-120	-150	-101	-150	-101
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.03	0.00	0.00
Total Volume	31.524	26	37	36	26
Total OI	47.19	26	67	66	26

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-04-01	$24.52	$25.86	16.5%	4.7%	13.2%	6.8%	21.8%	3.8%	2.7%	5.1K	-42.5K	-150	0.00	122.10	N/A	N/A	36	0	66	0
2016-04-04	$24.52	$25.00	20.1%	5.6%	13.2%	8.6%	20.0%	2.4%	89.3%	5.2K	-43.6K	-149	0.00	121.25	N/A	N/A	36	0	66	0
2016-04-05	$24.11	$25.00	22.6%	6.3%	14.4%	9.9%	16.1%	7.7%	92.2%	3.0K	-36.5K	-131	0.00	116.80	N/A	N/A	36	0	66	0
2016-04-06	$24.47	$25.00	17.8%	5.2%	15.2%	7.5%	19.4%	6.4%	94.4%	4.1K	-39.2K	-134	0.00	119.04	N/A	N/A	36	0	66	0
2016-04-07	$24.14	$25.00	23.4%	6.3%	15.8%	10.3%	21.3%	5.4%	92.6%	2.7K	-35.9K	-125	0.00	112.87	N/A	N/A	36	0	66	0
2016-04-08	$24.44	$25.00	23.0%	6.2%	16.1%	10.1%	19.5%	2.8%	89.9%	4.1K	-39.7K	-131	0.03	116.41	N/A	N/A	36	1	66	0
2016-04-11	$24.49	$25.00	26.9%	6.0%	13.0%	12.1%	18.4%	4.1%	11.1%	3.9K	-29.3K	-120	0.03	120.04	N/A	N/A	36	1	66	1
2016-04-12	$24.72	$25.00	30.5%	5.2%	13.4%	14.0%	18.8%	3.8%	94.2%	5.1K	-39.9K	-127	0.03	122.43	N/A	N/A	36	1	66	1
2016-04-13	$25.26	$25.00	19.2%	5.5%	15.3%	8.1%	19.6%	6.4%	92.4%	10.1K	-65.3K	-142	0.03	122.68	N/A	N/A	36	1	66	1
2016-04-14	$25.35	$25.00	19.4%	5.6%	15.3%	8.3%	19.3%	3.1%	94.4%	13.2K	-59.7K	-131	0.03	126.03	N/A	N/A	36	1	66	1
2016-04-15	$25.27	$25.00	18.4%	5.3%	15.4%	7.8%	18.3%	2.1%	95.7%	1.4K	-39.3K	-115	0.03	128.25	N/A	N/A	36	1	66	1
2016-04-18	$25.38	$25.00	16.9%	4.9%	15.4%	7.0%	15.6%	3.5%	119.8%	1.6K	-39.6K	-112	0.00	125.40	N/A	N/A	26	0	26	0
2016-04-19	$25.73	$25.00	16.2%	4.6%	16.0%	6.6%	16.0%	7.3%	119.4%	1.4K	-41.7K	-111	0.00	121.92	N/A	N/A	26	0	26	0
2016-04-20	$25.86	$25.00	16.7%	4.8%	16.1%	6.9%	15.5%	4.0%	120.4%	1.5K	-43.0K	-108	0.00	124.36	N/A	N/A	26	0	26	0
2016-04-21	$25.68	$25.00	16.8%	4.8%	16.3%	6.9%	16.7%	6.9%	1.0%	1.4K	-42.0K	-110	0.00	122.99	N/A	N/A	26	0	26	0
2016-04-22	$25.67	$25.00	17.6%	5.0%	15.8%	7.3%	15.9%	5.6%	0.1%	3.4K	-36.3K	-106	0.00	124.44	N/A	N/A	26	0	26	0
2016-04-25	$25.48	$25.00	19.5%	5.6%	16.2%	8.3%	18.0%	4.8%	2.5%	3.3K	-33.8K	-104	0.00	126.12	N/A	N/A	26	0	26	0
2016-04-26	$25.53	$25.00	15.3%	4.4%	16.1%	6.2%	18.3%	3.0%	1.8%	3.5K	-34.4K	-102	0.00	129.08	N/A	N/A	26	0	26	0
2016-04-27	$25.68	$25.00	15.4%	4.4%	15.9%	6.2%	18.0%	4.5%	1.5%	3.5K	-36.5K	-102	0.00	126.88	N/A	N/A	26	0	26	0
2016-04-28	$25.38	$25.00	20.1%	5.8%	16.1%	8.7%	20.0%	3.3%	0.7%	3.2K	-33.1K	-102	0.00	125.85	N/A	N/A	26	0	26	0
2016-04-29	$25.20	$25.00	19.8%	5.7%	16.1%	8.5%	19.8%	1.9%	0.0%	3.4K	-30.3K	-101	0.00	127.94	N/A	N/A	26	0	26	0