DBEU Options History — July 2017

In July 2017, DBEU traded between $27.33 and $27.91. ATM implied volatility averaged 13.1%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 1.8% (HV 20d: 11.3%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 28.16.

Notable Days

2017-07-26: Highest Volume — 97 contracts
2017-07-12: Largest IV drop — 23.0% change
2017-07-07: Highest IV Rank — 7.5%
2017-07-05: Largest Expected Move — 4.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.65	$27.33	$27.91	$27.53	$27.50
Max Pain	$27.00	$27.00	$27.00	$27.00	$27.00
ATM IV	13.1%	9.6%	17.0%	14.7%	15.5%
Expected Move	3.5%	2.5%	4.7%	4.2%	4.4%
HV 20d	11.3%	8.1%	12.9%	11.8%	8.1%
HV 60d	10.7%	9.7%	11.7%	11.3%	9.7%
IV Rank	5.4%	3.5%	7.5%	6.3%	6.7%
IV Percentile	16.7%	0.4%	51.2%	22.6%	38.1%
Term Structure	26.6%	-4.4%	89.8%	-1.0%	-4.1%
VWIV	16.2%	15.5%	16.9%	15.5%	16.9%
Skew 25d	1.0%	-1.4%	4.9%	2.5%	-0.8%
Skew 10d	2.8%	-0.1%	8.8%	8.0%	0.6%
Call IV 25d	13.9%	9.7%	18.0%	15.8%	18.0%
Put IV 25d	14.9%	10.9%	19.3%	18.3%	17.2%
Bid-Ask Spread %	141.24	131.23	150.27	131.23	146.00
Gamma HHI	0.38	0.26	0.48	0.27	0.31
Net GEX	-5.0K	-11.9K	-81	-125	-963
Net DEX	60.5K	10.3K	94.4K	11.4K	94.4K
Net VEX	-375	-526	-65	-66	-523
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	28.16	6.00	86.00	6.00	7.82
Total Volume	83.5	14	97	14	97
Total OI	88.55	14	108	14	108

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-07-03	$27.53	$27.00	14.7%	4.2%	11.8%	6.3%	15.5%	2.5%	-1.0%	-125	11.4K	-66	6.00	131.23	N/A	N/A	2	12	2	12
2017-07-05	$27.58	$27.00	16.3%	4.7%	11.7%	7.2%	16.9%	2.8%	-4.4%	-105	10.3K	-66	6.00	131.55	N/A	N/A	2	12	2	12
2017-07-06	$27.33	$0.00	16.8%	3.6%	12.0%	7.4%	0.0%	1.6%	79.0%	-81	10.8K	-65	29.00	140.23	N/A	N/A	3	87	2	12
2017-07-07	$27.49	$0.00	17.0%	3.1%	12.3%	7.5%	0.0%	4.9%	8.6%	-11.8K	38.8K	-298	29.00	141.97	N/A	N/A	3	87	3	98
2017-07-10	$27.56	$0.00	14.2%	2.5%	12.3%	6.0%	0.0%	-1.4%	81.8%	-3.5K	90.4K	-524	29.00	140.77	N/A	N/A	3	87	3	98
2017-07-11	$27.51	$0.00	14.6%	3.5%	12.3%	6.2%	0.0%	1.5%	1.0%	-9.9K	41.8K	-324	29.00	140.84	N/A	N/A	3	87	3	98
2017-07-12	$27.83	$0.00	11.2%	3.2%	12.9%	4.4%	0.0%	1.2%	7.1%	-7.4K	46.9K	-379	29.00	144.10	N/A	N/A	3	87	3	98
2017-07-13	$27.90	$0.00	9.6%	2.8%	12.9%	3.5%	0.0%	1.3%	9.0%	-11.9K	49.4K	-315	29.00	141.32	N/A	N/A	3	87	3	98
2017-07-14	$27.91	$0.00	11.6%	3.3%	12.7%	4.6%	0.0%	1.1%	86.3%	-1.8K	91.5K	-514	29.00	144.69	N/A	N/A	3	87	3	98
2017-07-17	$27.83	$0.00	12.2%	3.5%	12.3%	5.0%	0.0%	-0.1%	6.3%	-11.0K	53.8K	-329	29.00	137.84	N/A	N/A	3	87	3	98
2017-07-18	$27.68	$0.00	9.9%	2.8%	11.8%	3.7%	0.0%	0.6%	2.5%	-8.5K	26.3K	-242	29.00	132.20	N/A	N/A	3	87	3	98
2017-07-19	$27.84	$0.00	11.7%	3.4%	11.8%	4.7%	0.0%	1.3%	88.3%	-1.6K	88.5K	-499	29.00	144.87	N/A	N/A	3	87	3	98
2017-07-20	$27.85	$0.00	10.9%	3.1%	10.4%	4.2%	0.0%	-0.3%	86.8%	-2.4K	87.7K	-503	29.00	136.61	N/A	N/A	3	87	3	98
2017-07-21	$27.59	$0.00	11.1%	3.2%	10.9%	4.3%	0.0%	3.1%	89.8%	-4.3K	85.2K	-485	29.00	148.31	N/A	N/A	3	87	3	98
2017-07-24	$27.52	$0.00	13.4%	3.8%	10.9%	5.6%	0.0%	0.7%	-2.4%	-5.1K	80.0K	-458	86.00	140.40	N/A	N/A	1	86	1	97
2017-07-25	$27.60	$0.00	11.1%	3.2%	10.8%	4.3%	0.0%	1.7%	1.8%	-4.5K	85.4K	-474	86.00	144.33	N/A	N/A	1	86	1	97
2017-07-26	$27.66	$0.00	13.2%	3.8%	10.3%	5.5%	0.0%	-0.7%	0.6%	-3.4K	90.9K	-479	7.82	143.61	N/A	N/A	11	86	1	97
2017-07-27	$27.67	$0.00	12.6%	3.6%	10.2%	5.2%	0.0%	-0.8%	-1.1%	-7.2K	50.2K	-436	7.82	143.65	N/A	N/A	11	86	11	97
2017-07-28	$27.55	$0.00	14.7%	4.2%	8.1%	6.3%	0.0%	0.2%	-3.7%	-3.5K	77.4K	-526	7.82	150.27	N/A	N/A	11	86	11	97
2017-07-31	$27.50	$0.00	15.5%	4.4%	8.1%	6.7%	0.0%	-0.8%	-4.1%	-963	94.4K	-523	7.82	146.00	N/A	N/A	11	86	11	97