DBEU Options History — December 2017

In December 2017, DBEU traded between $28.33 and $28.91. ATM implied volatility averaged 15.0%, placing in the 4.4% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 7.0% (HV 20d: 8.0%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.37.

Notable Days

2017-12-01: Highest Volume — 56 contracts
2017-12-13: Largest IV drop — 47.3% change
2017-12-11: Highest IV Rank — 8.4%
2017-12-01: Largest Expected Move — 4.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.55	$28.33	$28.91	$28.33	$28.41
Max Pain	$29.00	$29.00	$29.00	$29.00	$29.00
ATM IV	15.0%	9.9%	22.3%	16.7%	11.6%
Expected Move	3.4%	2.7%	4.8%	4.8%	3.3%
HV 20d	8.0%	7.1%	8.8%	8.0%	7.8%
HV 60d	7.0%	6.6%	7.5%	7.2%	7.3%
IV Rank	4.4%	1.3%	8.4%	5.1%	2.8%
IV Percentile	43.0%	3.2%	93.3%	68.3%	15.9%
Term Structure	10.9%	-9.6%	72.5%	-9.6%	-0.7%
VWIV	13.0%	10.6%	15.0%	12.6%	12.3%
Skew 25d	0.5%	-1.5%	2.0%	-1.5%	0.1%
Skew 10d	1.5%	-3.9%	3.6%	-3.9%	-2.7%
Call IV 25d	13.7%	8.9%	20.9%	20.9%	11.2%
Put IV 25d	14.2%	10.9%	19.4%	19.4%	11.3%
Bid-Ask Spread %	144.53	136.41	150.06	145.60	136.41
Gamma HHI	0.35	0.29	0.43	0.33	0.43
Net GEX	3.7K	301	8.8K	1.6K	8.8K
Net DEX	-82.5K	-120.1K	-44.6K	-58.6K	-118.7K
Net VEX	-450	-514	-319	-505	-319
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.37	0.37	0.37	0.37	0.37
Total Volume	56	56	56	56	56
Total OI	98.7	91	102	102	91

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
2017-12-01	$28.33	$0.00	16.7%	4.8%	8.0%	5.1%	0.0%	-1.5%	-9.6%	1.6K	-58.6K	-505	0.37	145.60	N/A	N/A	41	15	75	27
2017-12-04	$28.42	$29.00	19.5%	3.4%	8.2%	6.8%	12.6%	-0.3%	0.8%	3.9K	-50.0K	-505	0.37	146.28	N/A	N/A	41	15	75	27
2017-12-05	$28.35	$29.00	20.3%	3.4%	8.2%	7.2%	12.5%	0.2%	30.6%	3.0K	-44.6K	-492	0.37	149.75	N/A	N/A	41	15	75	27
2017-12-06	$28.40	$29.00	20.4%	3.5%	8.0%	7.2%	12.2%	1.7%	-1.9%	8.3K	-67.8K	-458	0.37	144.04	N/A	N/A	41	15	75	27
2017-12-07	$28.45	$29.00	21.1%	3.6%	8.0%	7.6%	12.3%	1.4%	-1.7%	7.0K	-65.6K	-468	0.37	148.46	N/A	N/A	41	15	75	27
2017-12-08	$28.67	$29.00	20.0%	3.5%	7.8%	7.0%	12.3%	0.8%	72.5%	356	-79.4K	-514	0.37	141.19	N/A	N/A	41	15	75	27
2017-12-11	$28.74	$29.00	22.3%	3.2%	7.7%	8.4%	12.1%	1.0%	2.0%	6.1K	-98.2K	-445	0.37	147.04	N/A	N/A	41	15	75	27
2017-12-12	$28.78	$29.00	21.1%	2.7%	7.6%	7.7%	10.6%	2.0%	4.1%	5.4K	-102.6K	-428	0.37	142.92	N/A	N/A	41	15	75	27
2017-12-13	$28.67	$29.00	11.1%	3.2%	7.5%	2.0%	12.5%	0.2%	70.5%	301	-79.9K	-493	0.37	149.37	N/A	N/A	41	15	75	27
2017-12-14	$28.53	$29.00	9.9%	2.8%	7.5%	1.3%	14.2%	-0.1%	-3.9%	6.1K	-91.0K	-406	0.37	145.05	N/A	N/A	41	15	75	27
2017-12-15	$28.63	$29.00	10.4%	3.0%	7.1%	2.0%	12.9%	0.7%	69.2%	1.5K	-65.3K	-469	0.37	150.06	N/A	N/A	41	15	75	27
2017-12-18	$28.91	$29.00	10.7%	3.1%	7.5%	2.1%	13.7%	-0.7%	-1.8%	635	-75.7K	-479	0.37	137.32	N/A	N/A	41	15	75	27
2017-12-19	$28.56	$29.00	10.9%	3.1%	8.7%	2.3%	12.8%	-0.1%	-0.6%	776	-73.1K	-468	0.37	142.48	N/A	N/A	41	15	75	27
2017-12-20	$28.41	$29.00	12.5%	3.6%	8.7%	3.4%	13.2%	0.7%	-1.5%	1.6K	-68.4K	-457	0.37	148.30	N/A	N/A	41	15	75	27
2017-12-21	$28.53	$29.00	10.8%	3.1%	8.8%	2.2%	13.2%	1.1%	-1.8%	2.4K	-99.3K	-440	0.37	140.30	N/A	N/A	41	15	75	16
2017-12-22	$28.56	$29.00	11.9%	3.4%	8.7%	3.0%	13.3%	1.0%	-1.8%	3.0K	-99.0K	-447	0.37	144.38	N/A	N/A	41	15	75	16
2017-12-26	$28.56	$29.00	12.4%	3.6%	8.6%	3.3%	14.3%	0.3%	-1.3%	7.6K	-120.1K	-366	0.37	142.26	N/A	N/A	41	15	75	16
2017-12-27	$28.55	$29.00	13.1%	3.8%	8.0%	3.8%	14.7%	0.5%	-2.6%	3.3K	-93.6K	-423	0.37	145.71	N/A	N/A	41	15	75	16
2017-12-28	$28.53	$29.00	12.9%	3.7%	7.8%	3.7%	15.0%	0.5%	-2.9%	2.4K	-98.8K	-417	0.37	143.59	N/A	N/A	41	15	75	16
2017-12-29	$28.41	$29.00	11.6%	3.3%	7.8%	2.8%	12.3%	0.1%	-0.7%	8.8K	-118.7K	-319	0.37	136.41	N/A	N/A	41	15	75	16