DBEU Options History — May 2017

In May 2017, DBEU traded between $27.67 and $28.55. ATM implied volatility averaged 14.6%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 2.9% (HV 20d: 11.7%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.95.

Notable Days

2017-05-25: Highest Volume — 6 contracts
2017-05-10: Largest IV drop — 28.3% change
2017-05-08: Highest IV Rank — 8.4%
2017-05-03: Largest Expected Move — 4.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.23	$27.67	$28.55	$27.67	$28.31
Max Pain	$27.27	$27.00	$29.00	$27.00	$29.00
ATM IV	14.6%	12.3%	18.5%	16.0%	14.6%
Expected Move	4.0%	3.5%	4.9%	4.6%	4.2%
HV 20d	11.7%	8.9%	13.5%	12.8%	8.9%
HV 60d	9.6%	9.1%	10.2%	9.3%	9.4%
IV Rank	6.2%	5.0%	8.4%	7.0%	6.3%
IV Percentile	19.0%	2.8%	57.1%	26.2%	15.5%
Term Structure	35.3%	-3.1%	99.8%	-1.9%	-2.3%
VWIV	16.5%	11.4%	20.9%	19.6%	14.2%
Skew 25d	1.7%	-1.4%	3.5%	2.0%	1.5%
Skew 10d	4.2%	-1.6%	10.2%	4.0%	10.2%
Call IV 25d	14.5%	11.9%	19.3%	18.2%	16.4%
Put IV 25d	16.2%	12.4%	20.8%	20.2%	17.9%
Bid-Ask Spread %	138.02	128.65	147.66	145.28	131.55
Gamma HHI	0.98	0.83	1.00	1.00	0.84
Net GEX	-763	-1.7K	135	-1.7K	-1.2K
Net DEX	892	-2.6K	7.9K	6.0K	7.9K
Net VEX	-7	-17	-1	-17	-11
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.95	0.00	5.00	3.00	5.00
Total Volume	3.864	1	6	3	6
Total OI	7	1	9	8	6

Daily Data (22 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
2017-05-01	$27.67	$27.00	16.0%	4.6%	12.8%	7.0%	19.6%	2.0%	-1.9%	-1.7K	6.0K	-17	0.00	145.28	N/A	N/A	0	3	0	8
2017-05-02	$27.75	$27.00	16.0%	4.6%	12.6%	7.0%	20.9%	2.0%	-3.1%	-1.7K	5.5K	-15	0.00	141.88	N/A	N/A	0	3	0	8
2017-05-03	$27.78	$27.00	17.1%	4.9%	12.6%	7.6%	20.6%	1.2%	-1.9%	-1.6K	5.4K	-15	3.00	141.88	N/A	N/A	1	3	0	8
2017-05-04	$28.02	$27.00	17.2%	4.0%	12.7%	7.7%	14.2%	1.0%	96.0%	-1.2K	1.2K	-14	3.00	134.92	N/A	N/A	1	3	1	8
2017-05-05	$28.32	$27.00	17.9%	3.6%	13.1%	8.1%	0.0%	0.7%	90.7%	-915	-412	-8	3.00	138.77	N/A	N/A	1	3	1	8
2017-05-08	$28.19	$27.00	18.5%	4.0%	13.3%	8.4%	15.0%	1.8%	94.7%	-1.0K	371	-10	3.00	135.28	N/A	N/A	1	3	1	8
2017-05-09	$28.23	$27.00	17.3%	3.7%	13.2%	7.7%	14.8%	1.9%	96.5%	-952	-312	-8	3.00	138.30	N/A	N/A	1	3	1	8
2017-05-10	$28.34	$27.00	12.4%	3.6%	13.2%	5.0%	15.4%	2.7%	98.5%	-821	-644	-8	3.00	138.16	N/A	N/A	1	3	1	8
2017-05-11	$28.30	$27.00	12.3%	3.5%	13.2%	5.0%	13.6%	2.4%	99.1%	-806	-816	-7	3.00	136.46	N/A	N/A	1	3	1	8
2017-05-12	$28.40	$27.00	12.3%	3.5%	13.0%	5.0%	14.3%	3.2%	99.8%	-715	-1.0K	-6	3.00	147.61	N/A	N/A	1	3	1	8
2017-05-15	$28.47	$27.00	12.8%	3.7%	12.9%	5.3%	16.7%	3.0%	97.9%	-532	-1.6K	-4	3.00	144.85	N/A	N/A	1	3	1	8
2017-05-16	$28.55	$27.00	12.4%	3.6%	11.2%	5.1%	17.8%	3.2%	14.1%	-408	-1.9K	-3	3.00	147.66	N/A	N/A	1	3	1	8
2017-05-17	$28.05	$27.00	12.9%	3.7%	13.5%	5.3%	15.4%	0.2%	7.3%	-895	-1.0K	-4	3.00	132.74	N/A	N/A	1	3	1	8
2017-05-18	$28.14	$27.00	14.6%	4.2%	13.3%	6.3%	16.8%	0.7%	-0.7%	-618	-1.4K	-3	3.00	128.65	N/A	N/A	1	3	1	8
2017-05-19	$28.26	$27.00	12.7%	3.6%	13.3%	5.2%	16.5%	-1.4%	-2.0%	135	-2.6K	-1	3.00	138.09	N/A	N/A	1	3	1	8
2017-05-22	$28.35	$27.00	13.8%	4.0%	9.2%	5.8%	18.8%	1.2%	1.1%	133	-2.5K	-1	0.00	137.70	N/A	N/A	1	0	1	0
2017-05-23	$28.40	$27.00	14.0%	4.0%	9.2%	5.9%	18.4%	1.4%	-2.1%	127	-2.5K	-1	0.00	139.94	N/A	N/A	1	0	1	0
2017-05-24	$28.40	$27.00	13.4%	3.8%	9.1%	5.6%	18.8%	0.5%	-1.6%	125	-2.5K	-1	0.00	137.36	N/A	N/A	1	0	1	0
2017-05-25	$28.40	$27.00	13.2%	3.8%	9.1%	5.5%	11.4%	1.8%	-0.7%	117	-2.6K	-1	5.00	136.53	N/A	N/A	1	5	1	0
2017-05-26	$28.38	$29.00	14.1%	4.0%	8.9%	6.0%	16.1%	3.5%	-2.1%	-1.1K	7.4K	-13	5.00	131.81	N/A	N/A	1	5	1	5
2017-05-30	$28.31	$29.00	15.2%	4.4%	8.9%	6.6%	16.9%	2.6%	-0.9%	-1.1K	7.8K	-11	5.00	130.94	N/A	N/A	1	5	1	5
2017-05-31	$28.31	$29.00	14.6%	4.2%	8.9%	6.3%	14.2%	1.5%	-2.3%	-1.2K	7.9K	-11	5.00	131.55	N/A	N/A	1	5	1	5