From: Tazia Smith a

From: Tazia Smith a To: jeevacation@gmaitcom Cc: Paul Morris Daniel Sabba < • Valle Stepanian Subject: S&P risk re% ersals.... Date: Fri. 10 Oct 2014 14:33:16 +0000 Inline-Images: unnamed: unnamed( I): unnamed(?). unnamed(3) Classification: Confidential Good Morning Jeffrey - S&P listed options indicative levels below. If you have an upside view on US big caps, consider a risk reversal. Example: 1895p/1925c SPX November risk reversal +80.20 premium collected, offer side (Bloomberg) ref: 1917.01 Example: 186p/193c SPY March risk reversal +80.02 premium collected, offer side (Bloomberg) ref: 191.53 II SPX AI 10:28 -,pxr II News (CN) • Calc Node - 1 1 . 1. 1 --%,..,„, 1916.53 /191/.66 99 Templates - 90 Actiorirli, "97) Expiry - Option MantelertlierPOW4 , 1925.63 H 1936.98 1 1915.30 Prey 1928.21 SW 500 INDEX 11917.01 1916.53 / 1917.66 Hi 1936.98 Lo 1915.30 Volm I-IV 13.51 Center 1934.60 ct i. --. 003 Exch US Com osit- 0 92) Earnings Calendar (ACDR) p=nk .inTh57Pier SD Calls 54 Puts estaffi-Structure ""ITIMISIFIalr Calls Stnke Puts rificker Bijr r Last r—DIMI-DT4 Volml—0Int /lacer Bid Aik Last nIVM cDt4rVolmr4F4 ItNov 14 (43d); CSize 100; IDiv 1.67; R .17; Ihvd 19:=Er! 22 Nov 14 (43d); CSize 100; IDiv 1.67; R .17; IFwd is 11) SPX 11/27; 67.90 71.70 96.30y 18.84 .63 47 1875 61) SPX 11/2: 29.90 32.40 31.0018.69 -.36 SS 28332 12) SPX 11/22/ 64.40 68.30 72.20y 18.66 .62 11 1880 62) SPX 11/2. 31.60 33.70 24.97 18.51 -.38 11 17351 13) SPX 11/22/ 60.90 64.50130.6% 18.38 .61 2 1885 63) SPX 11/7 32.80 36.20 32.50 18.42 -.39 23 1860 14) SPX 11/22/ 57.50 61.10 65.00y 18.17 .59 23 1890 64) SPX 11/7 34.30 37.80 35.2018.21 -.41 31 9295 IS) SPX 11/22/ 54.20 57.90 66.10 17.96 ..57 1 13 1895 65) SPX 11/7 35.70 38.50 34.05 7.74 -.42 2 404 16) SPX 11/22/ 50.90 54.30 55.35 17.70 .56 1 3406 1900 66) SPX 11/Z 37.60 39.80 39.06 7.48 -.442964042953 17) SPX 11/22/ 47.70 51.10 57.99y 17.46 .54 9 1905 67) SPX 11/7 39.30 42.20 40.25 7.35 -.46 25 1187 It) SPX 11/22/ 44.50 47.90 51.80 17.19 .52 3 220 1910 68) SPX 11/7 41.10 44.80 43.90 7.24 -.48 58 5781 19) SPX 11/22/ 42.20 45.00 69.20y 17.16 .50 7 1915 69) SPX 11/Z 43.10 46.70 45.10 7.02 .49 F 27 112 20) SPX 11/22/, 38.60 41.90 41.00 16.77 .49 16 234 1920 70) SPX 11/7 45.00 48.80 46.20 6.80 -.51 146 7353 21) SPX 11/224 35.70 38.70 39.40 16.49 .47 13 11107 1925 71) SPX 11/Z 4/10 50.60 46.80 16.47 -.532320040767 72) SPX 11/22/ 33.00 35.90 35.00 16.24 .45 6 2121 1930 72) SPX 11/2: 49.20 53.10 51.00 16.27 -.55 51 10955 23) SPX 11/22/ 30.30 33.10 36.50 15.98 .43 9 1045 1935 73) SPX 11/7 51.50 55.40 45.50 16.03 -.57 63 1067 24) SPX 11/22/ 27.70 30.40 28.90 15.74 .41 55 3672 1940 74) SPX 11/7 53.90 57.90 54.90 15.81 -.59 95 6573 25) SPX 11/22/ 25.80 27.80 30.00 15.58 .39 1 1282 1945 7S) SPX 11/21 56.30 60.40 56.50 15.54 -.61 20 728 26) SPX 11/22/ 22.90 25.40 24.20 15.22 37 2547 17069 1950 76) SPX 11/7 58.90 63.00 60.85 15.30 -.63 185 37487 27) SPX 11/22/ 20.70 23.10 27.40 14.47? .34 17 525 1955 77) SPX 11/7 61.30 65.80 53.90 15.00 -.65 1 1131 28) SPX 11/22/ 18.60 20.90 21.00 14.77 32 25 1446 1960 78) SPX 11/Z 64.00 68.80 64.90 14.82 -.67 38 6453 29) SPX 11/22/I 16.70 18.90 17.90 14.53 30 65 5022 1965 71..M 11 •••• An thal r 541. Z Default Color Legend Zoom EFTA01197742 SPY LIS 0:3420/15 PIENS $ 1 7.1:7 i-.54 07.16/7.25M 535x243 ad At 10:25 Oplnt 7,411 Vol 86 0 6.67A H 7.17A L 6.67A Prev 6.63 95) Templates - 90 Actions - 97) Expiry - Option Monitor: Option Monitor ETF 1191.40 -1.34 -.6952% 191.40 191.41 Fi 193.65 ,o 191.39 Voirn 56156770 HV 13.43 MZI us Com osite E1 42) Earnings Calendar (ACDR) 8b Calls/Puts 63 Calls 44 Puts 89 Term Structure $1) Moneyness SPY US Fc t SPDR Ca IC Node S&P 500 SD Center Strike 191.53 ticker 20 Mar 15 (161d); Calls I-43-id ai Lz 1VM bM Wain Wit CSize 100; IDiv 1.88 USDalbEltel Strike (Ticker 20 Mar 15 (161d); Puts rgid rAik Cz . CWM roM CSize 100; IDiv 1.88 USD; Wainbin R .30; IF 31) SPY 3/20/15 C_00 15.7.15.9(15.8 19.53 .70 11 440 180.00 106) SPY 3/20/15 P180 5.40 5.45 5.11 19.30 -.32 51828E 32) SPY 3/20/15 0181 14.9'15.2.19.4.19.26.69 313 181.00 107) SPY 3/20/15 P181 5.66 5.72 5.32 19.06 -.33 32 23C 33) SPY 3/20/15 0182 14.2 14.4114.4 19.02 .68 10 1299 182.00 166) SPY 3/20/15 P182 5.93 6.00 .38!18.81-.35 39C 34) SPY 3/20/15 C183 13.5 13.7•14.5. 18.73 .66 850 183.00 1091 SPY 3/20/15 P183 6.22 6.32 .21 18.56 .36 127C 15) SPY 3/20/15 C184 12.8 13.042.9418.53 .64 10 1278 184.00 110) SPY 3/20/15 P184 6.52 6.59 1218.34 .38 252 23 36) SPY 3/20/15 0.85 12.0 12.3:12.5.18.20.63 94 3317 185.00 111) SPY 3/20/15 P185 6.83 6.91 6.64 18.07 -.39 7 1£ 37) SPY 3/20/15 C186 11.3 11.631.9 18.08.61 30 1380 186.00 112) SPY 3/20/15 P186 7.16 7.25 7.1717.84 .41 86 41 38) SPY 3/20/15 C187 10.7 10.8:10.8 17.74.59 10 2905 187.00 110 SPY 3/20/15 P187 7.50 7.59 7.30 17.60 -.43 29 124 39) SPY 3/20/15 0188 10.019.0.1410.7117.42 .58 1 1964 188.00 114) SPY 3/20/15 P188 7.86 7.99 7.90 17.36 .44 195495 40) SPY 3/20/15 C189 9.44 .53 10.2 17.17 .56 1343 189.00 11$) SPY 3/20/15 P189 8.23 8.32 7.70 17.11 .46 143 144 41) SPY 3/20/15 C19O 8.78 8.92 8.89 16.97 .54 58, 5658 190.00 116) SPY 3/20/15 P19O 8.63 8.74 8.61 16.88 -.48 256 133 42) SPY 3/20/15 C191 8.22 8.319.10 16.74.52 59 2120 191.00 1171 SPY 3/20/15 P191 9.049.14 8.47 16.63 -.50 62 16 43) SPY 3/20/15 C192 7.61 7.72 8.44 16.46 .50 21 5681 192.00 118) SPY 3/20/15 P192 9.479.58 933 16.37 -.52 300824 44) SPY 3/20/15 C193 7.03 7.76 16.21 .48 1.2 2643 193.00 119) SPY 3/20/15 P193 9.92 10.0. -.8716.11-.54 2731E 45) SPY 3/20/15 C194 6.48 6.60 6.53 15.96 .46 87 1446 194.00 120) SPY 3/20/15 P194 10.3'10.4'9.6515.83 -.56 5 20S 46) SPY 3/20/15 C195 5.95 6.086.00 15.72 .44 6 6988 195.00 121) SPY 3/20/15 P195 10.8:10.9 10. 8;.1 15.67 -.58 144 255 47) SPY 3/20/15 C196 5.45 5.57 5.81 15.50.41 33 4486 196.00 122) SPY 3/20/15 P1% 11.311.4:11.015.39 -.60 20822E 4) SPY 3/20/15 0197 4.97 5.085.00 15.2739 29 4604 197.00 173) SPY 3/20/15 P197 11.8:12.0'10.4 15.10 -.63 374 49) SPY 3/20/15 C198 4 514 634 77 15 02 .37 28 10162 198.00)mA rnu inn.,' nInn A•rit ZA11 Ea•ann Er 93) Default Color Legend Zoom 100% Tazia Smith Deed% I Key Client Partnere - US De Securities Inc Deutsche Asset a Wealth Mannenient New Yixlc. NY. USA trnell- Panin...fa Pe...0*K This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01197743