DBEU Options History — January 2018

In January 2018, DBEU traded between $28.43 and $29.47. ATM implied volatility averaged 12.2%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 4.2% (HV 20d: 8.0%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.25.

Notable Days

2018-01-02: Highest Volume — 56 contracts
2018-01-04: Largest IV drop — 26.7% change
2018-01-02: Highest IV Rank — 5.1%
2018-01-02: Largest Expected Move — 4.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.11	$28.43	$29.47	$28.43	$28.85
Max Pain	$29.00	$29.00	$29.00	$29.00	$29.00
ATM IV	12.2%	8.8%	15.0%	15.0%	14.4%
Expected Move	3.4%	2.5%	4.3%	4.3%	4.1%
HV 20d	8.0%	6.4%	8.8%	7.7%	8.4%
HV 60d	7.7%	7.2%	8.0%	7.2%	8.0%
IV Rank	3.2%	0.8%	5.1%	5.1%	4.8%
IV Percentile	25.2%	0.4%	52.8%	52.4%	52.8%
Term Structure	25.9%	-4.3%	117.0%	-1.6%	-1.3%
VWIV	54.0%	16.3%	91.6%	16.3%	91.6%
Skew 25d	1.7%	-0.2%	6.8%	0.3%	0.3%
Skew 10d	1.0%	-3.0%	6.8%	0.6%	1.7%
Call IV 25d	18.5%	8.5%	139.8%	17.2%	17.1%
Put IV 25d	20.1%	9.5%	146.6%	17.5%	17.4%
Bid-Ask Spread %	144.69	132.06	191.20	150.83	146.95
Gamma HHI	0.43	0.33	0.51	0.40	0.50
Net GEX	2.5K	-339	6.2K	5.5K	1.2K
Net DEX	-129.8K	-175.8K	-98.7K	-99.4K	-98.9K
Net VEX	-284	-401	-145	-388	-276
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.05	0.37	0.37	0.05
Total Volume	42.667	21	56	56	21
Total OI	77.286	55	91	91	55

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
2018-01-02	$28.43	$29.00	15.0%	4.3%	7.7%	5.1%	16.3%	0.3%	-1.6%	5.5K	-99.4K	-388	0.37	150.83	N/A	N/A	41	15	75	16
2018-01-03	$28.67	$29.00	14.5%	4.2%	8.2%	4.8%	91.6%	6.8%	117.0%	1.9K	-105.1K	-401	0.37	191.20	N/A	N/A	41	15	75	16
2018-01-04	$28.86	$0.00	10.6%	2.5%	8.4%	2.1%	0.0%	0.7%	0.9%	6.2K	-145.7K	-279	0.37	141.76	N/A	N/A	41	15	75	16
2018-01-05	$29.10	$0.00	12.6%	3.4%	8.8%	3.5%	0.0%	1.6%	31.5%	2.0K	-126.3K	-381	0.37	142.42	N/A	N/A	41	15	75	16
2018-01-08	$29.14	$0.00	13.6%	3.4%	8.8%	4.2%	0.0%	1.2%	76.8%	539	-128.5K	-371	0.37	143.01	N/A	N/A	41	15	75	16
2018-01-09	$29.26	$0.00	11.3%	2.8%	8.5%	2.6%	0.0%	1.2%	-4.3%	3.1K	-175.8K	-200	0.37	143.56	N/A	N/A	41	15	75	16
2018-01-10	$29.12	$0.00	11.5%	3.3%	8.8%	2.7%	0.0%	1.5%	77.0%	367	-128.2K	-362	0.37	143.85	N/A	N/A	41	15	75	16
2018-01-11	$29.17	$0.00	8.8%	2.5%	8.8%	0.8%	0.0%	0.3%	-0.8%	4.4K	-164.0K	-228	0.37	134.49	N/A	N/A	41	15	75	16
2018-01-12	$29.19	$0.00	9.7%	2.8%	8.6%	1.5%	0.0%	1.3%	78.7%	-339	-132.5K	-350	0.37	132.06	N/A	N/A	41	15	75	16
2018-01-16	$29.06	$0.00	12.2%	3.5%	8.6%	3.2%	0.0%	0.2%	78.1%	267	-126.1K	-331	0.37	139.69	N/A	N/A	41	15	75	16
2018-01-17	$29.22	$0.00	11.5%	3.3%	8.7%	2.7%	0.0%	3.1%	-0.2%	4.5K	-167.1K	-198	0.37	142.69	N/A	N/A	41	15	75	16
2018-01-18	$29.18	$0.00	11.8%	3.4%	8.1%	2.9%	0.0%	2.4%	12.3%	1.8K	-144.7K	-290	0.37	144.00	N/A	N/A	41	15	75	16
2018-01-19	$29.38	$0.00	12.1%	3.5%	6.8%	3.2%	0.0%	2.8%	74.6%	1.1K	-165.1K	-297	0.37	147.60	N/A	N/A	41	15	75	16
2018-01-22	$29.47	$0.00	10.1%	2.9%	6.4%	1.7%	0.0%	1.6%	2.1%	5.1K	-140.5K	-145	0.05	135.32	N/A	N/A	20	1	54	1
2018-01-23	$29.46	$0.00	11.7%	3.3%	6.4%	2.8%	0.0%	2.1%	2.5%	1.2K	-103.2K	-291	0.05	142.97	N/A	N/A	20	1	54	1
2018-01-24	$29.26	$0.00	10.5%	3.0%	7.0%	2.0%	0.0%	-0.2%	0.9%	4.8K	-138.9K	-150	0.05	141.09	N/A	N/A	20	1	54	1
2018-01-25	$29.14	$0.00	12.7%	3.6%	7.3%	3.5%	0.0%	2.8%	0.3%	1.1K	-102.2K	-285	0.05	141.50	N/A	N/A	20	1	54	1
2018-01-26	$29.32	$0.00	12.8%	3.7%	7.5%	3.6%	0.0%	2.3%	0.9%	1.2K	-100.8K	-286	0.05	144.30	N/A	N/A	20	1	54	1
2018-01-29	$29.16	$0.00	14.0%	4.0%	7.8%	4.5%	0.0%	1.5%	-1.8%	5.7K	-133.5K	-167	0.05	141.79	N/A	N/A	20	1	54	1
2018-01-30	$28.93	$0.00	14.0%	4.0%	8.3%	4.5%	0.0%	1.4%	-0.8%	1.2K	-98.7K	-278	0.05	147.49	N/A	N/A	20	1	54	1
2018-01-31	$28.85	$0.00	14.4%	4.1%	8.4%	4.8%	0.0%	0.3%	-1.3%	1.2K	-98.9K	-276	0.05	146.95	N/A	N/A	20	1	54	1