DSS Options History — April 2013

In April 2013, DSS traded between $4902.51 and $6796.66. ATM implied volatility averaged 94.0%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 25.9%. IV traded above realized volatility by 52.6% (HV 20d: 41.4%). Max pain ranged from $5571.03 to $5571.03. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 14.71.

Notable Days

2013-04-29: Highest Volume — 1 contracts
2013-04-05: Largest IV spike — 35.2% change
2013-04-05: Highest IV Rank — 36.9%
2013-04-01: Largest Expected Move — 32.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5412.00	$4902.51	$6796.66	$5236.77	$6796.66
Max Pain	$5571.03	$5571.03	$5571.03	$5571.03	$5571.03
ATM IV	94.0%	68.8%	115.1%	113.7%	94.1%
Expected Move	25.9%	19.7%	32.6%	32.6%	27.0%
HV 20d	41.4%	35.1%	62.0%	35.4%	62.0%
HV 60d	40.8%	38.7%	49.1%	42.4%	49.1%
IV Rank	28.6%	18.8%	36.9%	36.3%	28.7%
IV Percentile	30.0%	3.2%	68.5%	65.7%	31.5%
Term Structure	-1.1%	-38.2%	26.1%	-27.7%	-38.2%
VWIV	96.3%	90.8%	102.2%	102.2%	96.0%
Bid-Ask Spread %	62.08	16.39	136.41	136.41	16.39
Gamma HHI	0.86	0.50	0.98	0.97	0.50
Net GEX	-924	-3.0K	892	-645	-3.0K
Net DEX	54.4K	-334.7K	126.7K	39.0K	80.8K
Net VEX	-806	-2.6K	-149	-237	-2.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	14.71	0.00	150.00	0.00	1.79
Total Volume	0.091	0	1	0	1
Total OI	0.773	0	3	0	3

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	Put Vol	Call OI	Put OI
2013-04-01	$5236.77	$5571.03	113.7%	32.6%	35.4%	36.3%	0.0%	0.0%	-27.7%	-645	39.0K	-237	0.00	136.41	N/A	N/A	0	0	0
2013-04-02	$5169.92	$5571.03	96.0%	27.5%	35.2%	29.4%	0.0%	0.0%	20.5%	-701	45.1K	-222	0.00	118.63	N/A	N/A	0	0	0
2013-04-03	$5058.50	$5571.03	89.0%	25.5%	35.5%	26.7%	0.0%	0.0%	5.2%	-609	38.4K	-248	0.00	118.63	N/A	N/A	0	0	0
2013-04-04	$5058.50	$5571.03	85.2%	24.4%	35.4%	25.2%	0.0%	0.0%	26.1%	-529	37.5K	-255	0.00	83.89	N/A	N/A	0	0	0
2013-04-05	$4902.51	$5571.03	115.1%	26.9%	35.1%	36.9%	0.0%	0.0%	11.7%	-486	37.5K	-247	0.00	33.89	N/A	N/A	0	0	0
2013-04-08	$4969.36	$5571.03	105.6%	27.8%	35.6%	33.2%	0.0%	0.0%	-3.9%	-558	41.0K	-241	0.00	34.78	N/A	N/A	0	0	0
2013-04-09	$5236.77	$5571.03	111.7%	23.6%	39.8%	35.5%	0.0%	0.0%	8.8%	-627	41.6K	-276	0.00	47.97	N/A	N/A	0	0	0
2013-04-10	$5437.33	$5571.03	109.7%	25.3%	41.6%	34.8%	0.0%	0.0%	-3.7%	-670	37.7K	-287	150.00	63.11	N/A	N/A	0	0	0
2013-04-11	$5548.75	$5571.03	103.5%	29.7%	41.9%	32.3%	102.2%	0.0%	-16.5%	-1.0K	56.1K	-408	4.43	114.61	N/A	N/A	0	0	0
2013-04-12	$5526.46	$5571.03	87.3%	25.0%	41.5%	26.0%	0.0%	0.0%	7.1%	-1.5K	102.7K	-536	1.19	61.38	N/A	N/A	0	0	0
2013-04-15	$5504.18	$5571.03	104.0%	29.8%	41.6%	32.5%	0.0%	0.0%	-9.2%	-1.4K	109.7K	-964	1.29	50.65	N/A	N/A	0	0	1
2013-04-16	$5303.62	$5571.03	90.9%	26.1%	41.1%	27.4%	0.0%	0.0%	0.8%	-1.2K	112.7K	-1.2K	0.00	30.32	N/A	N/A	0	0	1
2013-04-17	$5370.47	$5571.03	78.6%	22.5%	37.8%	22.6%	0.0%	0.0%	10.5%	-1.2K	115.2K	-1.2K	0.00	40.69	N/A	N/A	0	0	1
2013-04-18	$5259.05	$5571.03	84.9%	24.3%	39.1%	25.1%	0.0%	0.0%	3.4%	-1.0K	101.3K	-1.1K	0.00	35.65	N/A	N/A	0	0	1
2013-04-19	$5103.06	$5571.03	90.3%	25.9%	41.2%	27.2%	0.0%	0.0%	-9.3%	-1.3K	107.3K	-1.1K	0.00	101.56	N/A	N/A	0	0	1
2013-04-22	$5348.19	$5571.03	89.2%	25.6%	43.9%	26.7%	0.0%	0.0%	-5.6%	-1.4K	111.4K	-1.1K	0.00	34.92	N/A	N/A	0	0	1
2013-04-23	$5481.89	$5571.03	91.1%	26.1%	44.4%	27.5%	90.8%	0.0%	-5.9%	-1.6K	119.3K	-1.1K	0.14	53.53	N/A	N/A	0	0	1
2013-04-24	$5504.18	$5571.03	68.8%	19.7%	44.4%	18.8%	0.0%	0.0%	14.6%	-1.6K	126.7K	-1.1K	0.03	46.77	N/A	N/A	0	0	1
2013-04-25	$5571.03	$5571.03	89.6%	25.7%	44.4%	26.9%	0.0%	0.0%	-0.6%	-577	62.3K	-1.4K	0.07	49.43	N/A	N/A	0	1	1
2013-04-26	$5548.75	$5571.03	84.6%	24.3%	41.6%	25.0%	0.0%	0.0%	4.5%	429	7.3K	-1.8K	0.00	34.67	N/A	N/A	0	1	1
2013-04-29	$6128.13	$5571.03	84.3%	24.2%	52.7%	24.9%	0.0%	0.0%	-17.1%	892	-334.7K	-149	2.86	57.87	N/A	N/A	1	1	1
2013-04-30	$6796.66	$5571.03	94.1%	27.0%	62.0%	28.7%	96.0%	0.0%	-38.2%	-3.0K	80.8K	-2.6K	1.79	16.39	N/A	N/A	1	1	2