Russell 1000 Index - Dividends and Implied Volatility Surfaces Parameters

Page 1

15.05.2013

Option Implied Volatility Skew Parameters by Terms: 2 IVt = atx + btx + ct

At The Money Implied Volatilities by Terms

Russell 1000 Index

Ticker

Name

GICS_SECTOR_NAME

ATM Ref

Dividend Yield

Next ExDividend Date

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

MMM UN Equity

3M CO

Industrials

110.79

2.33%

21.08.2013

13.64

13.82

14.23

15.22

16.69

17.68

-0.232 -0.335 -0.325 -0.215 -0.189 -0.177

0.026

0.013

0.008

0.006

0.003

0.002

AAN UN Equity

AARON'S INC

Consumer Discretionary

29.03

0.25%

03.09.2013

23.34

24.77

25.51

26.10

0.000 -0.110 -0.145 -0.128

0.000

0.005

0.006

0.003

ABT UN Equity

ABBOTT LABORATORIES

Health Care

37.46

1.71%

10.07.2013

15.87

16.39

16.65

16.94

17.60

18.89

-0.385 -0.303 -0.247 -0.186 -0.155 -0.140

0.016

0.012

0.009

0.006

0.003

0.002

ABBV UN Equity

ABBVIE INC

Health Care

45.89

3.55%

10.07.2013

22.97

23.78

25.03

24.33

23.97

24.53

-0.018 -0.024 -0.058 -0.052 -0.052 -0.062

0.002

0.003

0.004

0.003

0.001

0.001

ANF UN Equity

ABERCROMBIE & FITCH CO-CL A

Consumer Discretionary

53.88

1.48%

30.05.2013

47.96

41.98

41.20

39.67

37.36

37.01

-0.265 -0.246 -0.209 -0.165 -0.133 -0.125

0.005

0.004

0.003

0.002

0.001

0.001

ACN UN Equity

ACCENTURE PLC-CL A

Information Technology

80.51

2.36%

09.10.2013

17.52

18.95

19.62

19.54

20.82

22.34

-0.345 -0.302 -0.278 -0.240 -0.209 -0.183

0.010

0.009

0.007

0.005

0.002

0.002

ACE UN Equity

ACE LTD

Financials

91.96

2.17%

26.07.2013

13.47

14.31

14.97

16.68

-0.331 -0.339 -0.322 -0.267

0.008

0.010

0.010

0.005

ACT UN Equity

ACTAVIS INC

Health Care

33.99

30.71

28.60

26.27

24.54

24.27

-0.091 -0.006 0.001 -0.134 -0.114 -0.112

0.001

0.004

0.004 -0.002 0.004

0.003

ATVI UW Equity

ACTIVISION BLIZZARD INC

27.09

29.64

30.01

29.28

28.20

28.20

-0.072 -0.065 -0.067 -0.083 -0.093 -0.090

0.014

0.006

0.003

0.002

0.002

0.001

27.77

25.96

25.31

25.23

25.87

26.97

-0.281 -0.238 -0.206 -0.167 -0.148 -0.130

0.011

0.009

0.006

0.003

0.002

0.001

123.86

Information Technology

15.60

ADBE UW Equity ADOBE SYSTEMS INC

Information Technology

44.72

1.41%

10.03.2014

ADT UN Equity

ADT CORP/THE

Industrials

42.39

1.18%

29.07.2013

25.53

25.64

26.71

28.73

28.93

29.00

-0.229 -0.192 -0.170 -0.143 -0.110 -0.092

0.013

0.011

0.008

0.003

0.001

0.001

AAP UN Equity

ADVANCE AUTO PARTS INC

Consumer Discretionary

86.22

0.28%

19.06.2013

27.10

25.74

24.92

24.13

23.14

23.64

-0.225 -0.174 -0.146 -0.144 -0.099 -0.100

0.006

0.003

0.001

0.001

0.000

0.000

AMD UN Equity

ADVANCED MICRO DEVICES

Information Technology

4.40

60.51

61.38

59.93

56.08

53.74

52.89

-0.098 -0.034 -0.035 -0.087 -0.119 -0.108

0.007

0.005

0.004

0.002

0.002

0.001

ACM UN Equity

AECOM TECHNOLOGY CORP

Industrials

30.72

26.21

26.90

27.49

28.63

0.000 -0.141 -0.198 -0.186

0.000

0.004

0.005

0.003

AES UN Equity

AES CORP

Utilities

13.17

2.35%

26.07.2013

22.69

23.33

23.46

22.88

-0.105 -0.177 -0.209 -0.214

0.002

0.003

0.004

0.005

AET UN Equity

AETNA INC

Health Care

59.66

1.41%

09.07.2013

21.20

20.96

21.50

23.28

-0.347 -0.261 -0.208 -0.151 -0.116 -0.103

0.013

0.010

0.007

0.003

0.002

0.001

AMG UN Equity

AFFILIATED MANAGERS GROUP

Financials

164.53

17.60

18.92

19.78

21.09

-0.410 -0.324 -0.276 -0.241

0.010

0.006

0.003

0.002

AFL UN Equity

AFLAC INC

Financials

54.65

3.31%

12.08.2013

20.44

20.88

21.17

21.34

-0.492 -0.391 -0.330 -0.240 -0.184 -0.157

0.014

0.011

0.009

0.005

0.003

0.002

AGCO UN Equity AGCO CORP

Industrials

55.64

0.54%

15.08.2013

23.12

25.00

25.95

26.66

-0.116 -0.143 -0.149 -0.131

0.002

0.004

0.005

0.003

A UN Equity

AGILENT TECHNOLOGIES INC

Health Care

45.97

1.04%

28.06.2013

29.61

28.76

28.17

27.39

-0.307 -0.277 -0.246 -0.185 -0.119 -0.112

0.013

0.009

0.007

0.004

0.003

0.002

GAS UN Equity

AGL RESOURCES INC

Utilities

43.49

4.37%

21.08.2013

13.27

13.16

13.05

-0.093 -0.093 -0.093

0.001

0.001

0.001

AL UN Equity

AIR LEASE CORP

Industrials

29.38

0.09%

29.32

27.82

27.20

27.25

-0.126 -0.157 -0.170 -0.144

0.002

0.004

0.005

0.003

APD UN Equity

AIR PRODUCTS & CHEMICALS INC

Materials

-0.269 -0.282 -0.278 -0.228

0.006

0.007

0.006

0.003

ARG UN Equity

AIRGAS INC

-0.396 -0.419 -0.369 -0.245

0.011

0.012

0.009

0.004

-0.171 -0.136 -0.124 -0.120 -0.120 -0.112

0.012

0.005

0.002

0.001

0.001

0.000

-0.309 -0.275 -0.254 -0.221

0.008

0.008

0.007

0.004

0.063 -0.093 -0.121 -0.100 -0.077 -0.059

0.010

0.011

0.009

0.004

0.002

0.002

25.04

25.86

22.14

23.06

27.63

28.62

91.34

3.15%

27.06.2013

16.09

16.31

16.56

17.28

Materials

99.22

1.98%

13.09.2013

18.51

18.32

18.75

19.85

AKAM UW Equity AKAMAI TECHNOLOGIES INC

Information Technology

48.14

26.25

35.51

38.76

38.44

ALB UN Equity

ALBEMARLE CORP

Materials

65.14

1.54%

13.09.2013

20.96

21.75

22.42

23.70

AA UN Equity

ALCOA INC

Materials

8.54

1.41%

31.07.2013

22.27

24.70

25.55

26.24

ALR UN Equity

ALERE INC

Health Care

26.61

27.08

29.25

30.27

30.73

-0.172 -0.174 -0.170 -0.153

0.002

0.006

0.007

0.003

ALEX UN Equity

ALEXANDER & BALDWIN INC

Financials

34.03

29.95

29.26

28.85

28.01

-0.316 -0.286 -0.264 -0.231

0.004

0.008

0.010

0.007

ARE UN Equity

ALEXANDRIA REAL ESTATE EQUIT

Financials

11.95

11.73

12.19

0.000 -0.177 -0.252

0.000

0.002

0.004

ALXN UW Equity

ALEXION PHARMACEUTICALS INC

Health Care

105.24

28.75

30.41

31.16

31.40

31.51

32.84

-0.253 -0.216 -0.189 -0.146 -0.161 -0.148

0.011

0.006

0.004

0.001

0.002

0.001

Y UN Equity

ALLEGHANY CORP

Financials

394.40

ATI UN Equity

ALLEGHENY TECHNOLOGIES INC

Materials

28.96

2.49%

20.09.2013

34.40

34.29

34.97

36.67

38.38

39.68

-0.207 -0.176 -0.160 -0.143 -0.121 -0.110

0.011

0.008

0.005

0.002

0.001

0.001

AGN UN Equity

ALLERGAN INC

Health Care

103.86

0.24%

14.08.2013

21.16

21.54

21.97

23.60

25.19

24.95

-0.313 -0.228 -0.186 -0.167 -0.148 -0.137

0.014

0.014

0.010

0.003

0.002

0.001

ADS UN Equity

ALLIANCE DATA SYSTEMS CORP

Information Technology

177.26

16.76

17.44

18.01

19.17

-0.462 -0.330 -0.258 -0.207

0.013

0.009

0.007

0.003

LNT UN Equity

ALLIANT ENERGY CORP

Utilities

52.49

3.66%

31.07.2013

11.39

11.38

11.38

0.159

0.008

0.008

0.008

ATK UN Equity

ALLIANT TECHSYSTEMS INC

Industrials

77.16

1.35%

05.09.2013

20.10

21.35

22.15

22.97

-0.315 -0.302 -0.293 -0.262

0.009

0.009

0.008

0.005

ANV UA Equity

ALLIED NEVADA GOLD CORP

Materials

8.17

66.51

65.95

65.63

65.36

-0.223 -0.154 -0.112 -0.069

0.007

0.004

0.002

0.001

AWH UN Equity

ALLIED WORLD ASSURANCE CO

Financials

92.19

2.17%

19.06.2013

16.27

17.20

17.80

18.55

-0.138 -0.153 -0.159 -0.156

0.002

0.004

0.004

0.003

ALSN UN Equity

ALLISON TRANSMISSION HOLDING

Consumer Discretionary

23.30

1.54%

15.08.2013

33.39

31.50

31.13

33.17

-0.118 -0.200 -0.224 -0.185

0.000

0.006

0.007

0.002

MDRX UW Equity ALLSCRIPTS HEALTHCARE SOLUTI

Health Care

14.01

32.73

35.94

37.62

38.87

39.50

39.21

-0.049 -0.219 -0.271 -0.163 -0.116 -0.101

0.001

0.005

0.006

0.003

0.001

0.001

ALL UN Equity

ALLSTATE CORP

Financials

50.32

15.43

15.16

15.85

17.86

19.30

19.94

-0.390 -0.395 -0.344 -0.235 -0.189 -0.167

0.015

0.015

0.012

0.005

0.003

0.002

ANR UN Equity

ALPHA NATURAL RESOURCES INC

Energy

6.88

59.17

58.91

59.07

60.74

58.33

59.69

-0.193 -0.243 -0.219 -0.150 -0.108 -0.121

0.009

0.007

0.005

0.002

0.001

0.001

ALTR UW Equity

ALTERA CORP

Information Technology

33.24

1.56%

09.08.2013

24.40

26.38

27.50

28.82

29.75

30.83

-0.221 -0.195 -0.178 -0.150 -0.134 -0.112

0.008

0.006

0.004

0.003

0.001

0.001

MO UN Equity

ALTRIA GROUP INC

Consumer Staples

37.40

4.95%

14.06.2013

13.56

13.98

14.40

15.29

16.39

17.54

-0.368 -0.289 -0.238 -0.174 -0.106 -0.084

0.013

0.012

0.010

0.006

0.006

0.004

30.69

31.74

-0.274 -0.214 -0.175 -0.144 -0.121 -0.101

0.015

0.010

0.006

0.003

0.001

0.001

-0.189 -0.230 -0.232 -0.163

0.003

0.006

0.006

0.004

-0.021 -0.085 -0.127

0.000

0.002

0.004

0.000 -0.106 -0.152 -0.192

77.59

3.18%

2.05%

26.06.2013

29.05.2013

AMZN UW Equity AMAZON.COM INC

Consumer Discretionary

268.58

23.68

23.91

25.43

28.78

AMCX UW Equity AMC NETWORKS INC-A

Consumer Discretionary

65.55

26.41

27.13

28.06

30.53

DOX UN Equity

AMDOCS LTD

Information Technology

36.18

AEE UN Equity

AMEREN CORPORATION

ACC UN Equity

1.55%

16.09.2013

14.45

14.66

14.94

35.38 28.27

35.54 29.68

0.160

0.162

Utilities

36.12

4.43%

09.09.2013

12.97

13.36

13.68

14.07

0.000

0.004

0.006

0.006

AMERICAN CAMPUS COMMUNITIES

Financials

44.69

2.42%

14.08.2013

15.71

16.80

17.48

18.42

0.000 -0.050 -0.083 -0.126

0.000

0.000

0.000

0.002

AGNC UW Equity AMERICAN CAPITAL AGENCY CORP

Financials

28.79

17.37%

21.06.2013

19.13

17.54

17.30

19.26

16.54

17.80

-0.157 -0.096 -0.058 -0.028 -0.056 -0.007

0.020

0.017

0.014

0.007

0.010

0.005

ACAS UW Equity AMERICAN CAPITAL LTD

Financials

14.14

23.13

23.77

24.17

24.65

27.00

28.69

-0.360 -0.277 -0.228 -0.186 -0.122 -0.106

0.018

0.013

0.010

0.005

0.002

0.001

AEO UN Equity

AMERICAN EAGLE OUTFITTERS

Consumer Discretionary

20.11

2.49%

27.06.2013

38.59

35.67

34.15

33.97

33.51

34.04

-0.315 -0.237 -0.189 -0.157 -0.130 -0.123

0.004

0.003

0.003

0.002

0.001

0.001

AEP UN Equity

AMERICAN ELECTRIC POWER

Utilities

49.19

4.04%

07.08.2013

12.82

12.99

13.00

13.07

14.31

15.08

-0.188 -0.233 -0.244 -0.222 -0.173 -0.155

0.003

0.007

0.008

0.007

0.003

0.002

AXP UN Equity

AMERICAN EXPRESS CO

Financials

72.57

1.30%

02.10.2013

16.60

17.49

17.90

18.69

20.54

21.44

-0.428 -0.363 -0.305 -0.221 -0.172 -0.148

0.014

0.010

0.008

0.005

0.003

0.002

AFG UN Equity

AMERICAN FINANCIAL GROUP INC

Financials

49.64

1.69%

10.07.2013

13.35

14.05

14.27

13.79

0.000 -0.074 -0.106 -0.113

0.000

0.001

0.002

0.002

AIG UN Equity

AMERICAN INTERNATIONAL GROUP

Financials

46.06

0.43%

09.09.2013

25.30

25.35

26.57

27.70

29.11

30.28

-0.256 -0.191 -0.182 -0.131 -0.105 -0.093

0.013

0.010

0.008

0.003

0.001

0.001

ANAT UW Equity AMERICAN NATIONAL INSURANCE

Financials

98.65

3.14%

04.09.2013

AMT UN Equity

AMERICAN TOWER CORP

Financials

83.76

1.32%

27.06.2013

15.47

16.53

17.36

18.50

19.61

20.62

-0.425 -0.366 -0.314 -0.233 -0.156 -0.129

0.012

0.012

0.009

0.005

0.004

0.002

AWK UN Equity

AMERICAN WATER WORKS CO INC

Utilities

42.60

2.63%

18.11.2013

14.32

15.31

15.80

16.22

-0.529 -0.388 -0.285 -0.162

0.023

0.014

0.009

0.004

AMP UN Equity

AMERIPRISE FINANCIAL INC

Financials

80.82

2.61%

01.08.2013

19.63

21.07

21.80

22.26

-0.252 -0.282 -0.294 -0.284

0.006

0.005

0.004

0.004

ABC UN Equity

AMERISOURCEBERGEN CORP

Health Care

54.98

-0.101 -0.143 -0.153 -0.145

0.002

0.009

0.009

0.004

AME UN Equity

AMETEK INC

Industrials

-0.173 -0.261 -0.290 -0.257

0.001

0.006

0.008

0.005

-0.163 -0.148 -0.138 -0.124 -0.112 -0.106

0.014

0.010

0.007

-0.322 -0.279 -0.249

0.009

0.008

0.007

1.64%

16.08.2013

17.31

18.66

19.27

19.66

42.75

0.56%

13.09.2013

19.53

19.70

19.96

20.80

108.08

1.44%

16.08.2013

23.56

23.59

23.94

24.72

0.003

0.002

0.001

Information Technology

80.75

0.54%

09.09.2013

15.55

20.03

21.04

ANADARKO PETROLEUM CORP

Energy

87.17

0.50%

09.09.2013

27.82

28.84

29.06

28.07

27.77

28.27

-0.107 -0.099 -0.103 -0.138 -0.140 -0.132

0.014

0.008

0.005

0.002

0.001

0.001

ADI UW Equity

ANALOG DEVICES INC

Information Technology

46.49

2.97%

29.05.2013

21.17

21.25

21.37

21.69

22.00

22.53

-0.291 -0.251 -0.225 -0.186 -0.149 -0.128

0.008

0.007

0.006

0.004

0.002

0.002

NLY UN Equity

ANNALY CAPITAL MANAGEMENT IN

Financials

14.82

12.15%

28.06.2013

17.60

16.20

16.01

16.72

17.72

17.67

-0.607 -0.455 -0.341 -0.217 -0.111 -0.064

0.024

0.020

0.015

0.008

0.006

0.005

ANSS UW Equity ANSYS INC

Information Technology

76.58

20.18

21.09

22.14

-0.342 -0.269 -0.231

0.011

0.006

0.003

AOL UN Equity

AOL INC

Information Technology

37.75

33.46

32.71

33.61

-0.192 -0.155 -0.134 -0.114 -0.095 -0.077

0.010

0.006

0.004

0.001

0.001

0.001

AON UN Equity

AON PLC

Financials

66.08

1.06%

30.07.2013

14.54

14.35

14.79

APA UN Equity

APACHE CORP

Energy

81.35

1.00%

18.07.2013

22.72

23.23

0.003

0.003

0.002

AIV UN Equity

APARTMENT INVT & MGMT CO -A

3.13%

14.08.2013

21.23 41.50

AMGN UW Equity AMGEN INC

Health Care

APH UN Equity

AMPHENOL CORP-CL A

APC UN Equity

Financials

32.59

APOL UW Equity APOLLO GROUP INC-CL A

Consumer Discretionary

20.51

AAPL UW Equity

APPLE INC

25.82

26.99

36.35

37.18

36.89

-0.214 -0.310 -0.316

0.004

0.009

0.008

23.65

24.40

25.63

26.70

-0.281 -0.222 -0.194 -0.167 -0.131 -0.113

0.012

0.009

0.006

20.18

19.63

19.47

0.000 -0.028 -0.064 -0.133

0.000 -0.001 -0.001 0.003

44.63

45.77

44.86

45.33

44.70

-0.199 -0.166 -0.147 -0.122 -0.101 -0.099

0.008

0.005

0.003

0.002

0.001

0.001

Information Technology

435.50

2.80%

08.08.2013

25.66

24.88

26.81

25.80

26.67

27.69

-0.105 -0.094 -0.084 -0.056 -0.029 -0.014

0.011

0.007

0.004

0.002

0.001

0.000

AMAT UW Equity APPLIED MATERIALS INC

Information Technology

14.93

2.68%

26.08.2013

25.40

24.42

24.50

24.49

24.91

25.41

-0.295 -0.237 -0.193 -0.151 -0.129 -0.112

0.013

0.008

0.005

0.003

0.002

0.001

ATR UN Equity

APTARGROUP INC

Materials

56.30

1.78%

05.08.2013

15.46

17.47

18.38

19.05

0.000 -0.175 -0.222 -0.175

0.000

0.005

0.006

0.003

WTR UN Equity

AQUA AMERICA INC

Utilities

32.85

1.74%

15.11.2013

21.39

19.95

18.81

16.55

-0.553 -0.346 -0.199 -0.098

0.024

0.011

0.003

0.004

ACGL UW Equity ARCH CAPITAL GROUP LTD

Financials

54.26

ADM UN Equity

12.80

13.48

13.86

14.28

-0.206 -0.213 -0.215 -0.214

0.004

0.004

0.004

0.004

Consumer Staples

34.81

1.67%

13.08.2013

20.06

21.50

22.28

23.08

23.62

24.58

-0.266 -0.216 -0.182 -0.147 -0.122 -0.106

0.021

0.013

0.007

0.004

0.002

0.001

ARCC UW Equity ARES CAPITAL CORP

Financials

17.91

8.65%

13.09.2013

12.63

13.35

13.52

14.78

12.67

14.25

-0.173 -0.241 -0.269 -0.210 -0.252 -0.154

0.012

0.012

0.011

0.008

0.008

0.006

ARIA UW Equity

ARIAD PHARMACEUTICALS INC

Health Care

17.42

50.57

50.09

50.15

50.83

51.79

53.16

-0.048 -0.085 -0.096 -0.061 -0.051 -0.060

0.013

0.007

0.004

0.002

0.000

0.000

AWI UN Equity

ARMSTRONG WORLD INDUSTRIES

Industrials

53.54

21.57

25.83

27.74

28.29

-0.309 -0.301 -0.285 -0.223

0.014

0.007

0.004

0.003

ARW UN Equity

ARROW ELECTRONICS INC

Information Technology

38.47

25.06

26.63

27.43

27.90

-0.234 -0.236 -0.233 -0.214

0.007

0.005

0.004

0.005

AJG UN Equity

ARTHUR J GALLAGHER & CO

12.11

0.000

0.000

0.000

ARCHER-DANIELS-MIDLAND CO

Financials

45.29

3.11%

30.09.2013

12.38

13.00

0.000

0.000

0.000

ASNA UW Equity ASCENA RETAIL GROUP INC

Consumer Discretionary

19.84

35.04

32.84

31.63

31.46

-0.338 -0.274 -0.227 -0.160 -0.081 -0.012

0.008

0.006

0.004

0.003

ASH UN Equity

ASHLAND INC

Materials

89.45

1.52%

19.08.2013

24.46

24.57

25.20

26.81

-0.313 -0.257 -0.222 -0.184

0.011

0.008

0.006

0.003

AHL UN Equity

ASPEN INSURANCE HOLDINGS LTD

Financials

38.63

1.86%

09.08.2013

18.45

18.95

19.34

20.13

0.000 -0.029 -0.047 -0.072

0.000

0.000

0.001

0.001

ASBC UW Equity ASSOCIATED BANC-CORP

Financials

15.10

3.05%

08.08.2013

21.89

22.58

22.98

23.41

0.000 -0.069 -0.106 -0.154

0.000

0.003

0.004

0.003

AIZ UN Equity

ASSURANT INC

Financials

49.11

2.04%

29.08.2013

19.12

20.68

21.69

23.26

-0.123 -0.202 -0.228 -0.201

0.003

0.005

0.005

0.004

AGO UN Equity

ASSURED GUARANTY LTD

Financials

24.53

1.63%

16.08.2013

31.53

31.74

32.06

32.87

34.15

34.93

-0.141 -0.191 -0.192 -0.131 -0.092 -0.087

0.018

0.009

0.005

0.003

0.002

0.002

T UN Equity

AT&T INC

Telecommunication Services 37.50

4.85%

10.07.2013

13.82

14.02

15.03

15.21

16.88

18.12

-0.414 -0.270 -0.215 -0.132 -0.104 -0.095

0.017

0.014

0.011

0.007

0.004

0.002

37.54

39.12

40.67

44.87

0.000 -0.155 -0.207 -0.165

0.000

0.006

0.007

0.001

14.29

14.25

14.33

0.000

0.003 -0.026

0.000

0.000

0.000

23.06

24.67

25.57

26.59

-0.281 -0.242 -0.213 -0.161

0.009

0.005

0.004

0.004

34.54

31.98

31.10

31.23

31.75

32.30

-0.328 -0.273 -0.226 -0.159 -0.135 -0.125

0.011

0.007

0.004

0.002

0.001

0.001

13.20

13.69

14.18

14.78

15.42

16.18

-0.245 -0.306 -0.319 -0.240 -0.192 -0.167

0.006

0.008

0.008

0.006

0.003

0.002

-0.212 -0.244 -0.215

0.006

0.009

0.007

-0.330 -0.263 -0.219 -0.171 -0.141 -0.128

0.012

0.008

0.006

0.003

0.002

0.002

0.001

0.001

ATML UW Equity ATMEL CORP

Information Technology

7.24

ATO UN Equity

ATMOS ENERGY CORP

Utilities

44.73

ATW UN Equity

ATWOOD OCEANICS INC

2.37%

27.08.2013

2.53%

11.09.2013

Energy

51.95

ADSK UW Equity AUTODESK INC

Information Technology

39.49

ADP UW Equity

AUTOMATIC DATA PROCESSING

Information Technology

71.48

AN UN Equity

AUTONATION INC

Consumer Discretionary

46.13

22.64

24.11

24.78

AZO UN Equity

AUTOZONE INC

Consumer Discretionary

418.93

24.17

22.28

21.25

20.69

30.95

20.02

31.31

20.03

0.002 -0.017

AVGO UW Equity AVAGO TECHNOLOGIES LTD

Information Technology

33.82

2.54%

20.06.2013

33.28

30.92

30.39

-0.178 -0.131 -0.115

0.004

0.004

0.003

AVB UN Equity

AVALONBAY COMMUNITIES INC

Financials

136.03

3.21%

26.06.2013

14.78

14.65

15.18

-0.353 -0.343 -0.317

0.007

0.009

0.008

AVY UN Equity

AVERY DENNISON CORP

Industrials

43.86

2.64%

03.09.2013

19.09

18.61

18.98

-0.110 -0.093 -0.109

0.001

0.001

0.002

AVT UN Equity

AVNET INC

Information Technology

32.87

25.79

27.80

28.76

29.12

-0.232 -0.224 -0.216 -0.189

0.010

0.007

0.006

0.003

AVP UN Equity

AVON PRODUCTS INC

Consumer Staples

23.59

1.02%

15.08.2013

23.32

24.56

26.22

28.80

-0.152 -0.241 -0.255 -0.221 -0.188 -0.171

0.003

0.005

0.004

0.002

AVX UN Equity

AVX CORP

Information Technology

11.79

2.97%

07.08.2013

24.79

24.85

24.92

27.66

-0.120 -0.113 -0.106 -0.083

0.010

0.010

0.010

0.004

AXS UN Equity

AXIS CAPITAL HOLDINGS LTD

Financials

45.99

2.22%

03.10.2013

13.30

13.81

14.14

14.70

0.000 -0.138 -0.180 -0.108

0.000

0.003

0.004

0.002

BEAV UW Equity

B/E AEROSPACE INC

Industrials

63.94

21.48

21.87

22.63

-0.211 -0.231 -0.229

0.007

0.007

0.006

BWC UN Equity

BABCOCK & WILCOX CO/THE

Industrials

27.75

0.86%

16.08.2013

27.89

26.42

25.99

27.31

-0.016 -0.118 -0.146 -0.088

0.000

0.005

0.007

0.004

BHI UN Equity

BAKER HUGHES INC

Energy

45.74

1.49%

08.08.2013

24.96

26.40

27.02

27.48

-0.449 -0.345 -0.283 -0.215 -0.170 -0.147

0.012

0.009

0.006

0.003

0.002

0.001

BLL UN Equity

BALL CORP

Materials

45.53

1.19%

30.08.2013

15.62

16.40

16.93

17.61

-0.241 -0.274 -0.270 -0.200

0.006

0.008

0.008

0.006

BYI UN Equity

BALLY TECHNOLOGIES INC

Consumer Discretionary

52.90

19.52

19.57

20.43

22.50

24.29

25.64

-0.383 -0.286 -0.255 -0.256 -0.198 -0.151

0.012

0.010

0.007

0.005

0.004

0.003

BAC UN Equity

BANK OF AMERICA CORP

Financials

13.41

0.30%

04.09.2013

25.56

27.24

27.02

26.96

28.21

29.20

-0.316 -0.225 -0.197 -0.150 -0.111 -0.089

0.015

0.011

0.007

0.003

0.002

0.001

BOH UN Equity

BANK OF HAWAII CORP

Financials

49.92

3.61%

28.08.2013

13.17

14.39

14.98

0.000 -0.180 -0.223

0.000

0.003

0.005

BK UN Equity

BANK OF NEW YORK MELLON CORP

Financials

30.01

2.07%

25.07.2013

17.85

19.12

19.86

20.67

0.002

0.001

BKU UN Equity

BANKUNITED INC

Financials

25.45

3.30%

05.07.2013

18.12

19.01

19.34

19.18

BAX UN Equity

BAXTER INTERNATIONAL INC

Health Care

70.32

2.83%

04.09.2013

16.34

17.90

18.86

BBT UN Equity

BB&T CORP

Financials

32.39

3.03%

07.08.2013

15.28

16.04

BEAM UN Equity

BEAM INC

Consumer Staples

68.70

1.38%

05.08.2013

19.74

20.33

BDX UN Equity

BECTON DICKINSON AND CO

Health Care

101.45

2.02%

07.06.2013

15.40

2.59%

16.08.2013

BBBY UW Equity BED BATH & BEYOND INC

Consumer Discretionary

BMS UN Equity

BEMIS COMPANY

68.43

Materials

40.57

BRK/B UN Equity BERKSHIRE HATHAWAY INC-CL B

Financials

112.47

BBY UN Equity BIG UN Equity

Consumer Discretionary Consumer Discretionary

BEST BUY CO INC BIG LOTS INC

26.35 37.41

2.69%

26.06.2013

29.25

28.21

29.10

28.77

22.62

23.63

-0.496 -0.419 -0.358 -0.249 -0.180 -0.163

0.018

0.013

0.009

0.005

0.000 -0.004 -0.027 -0.113

0.000

0.000

0.001

0.005

19.87

20.62

21.19

-0.186 -0.174 -0.168 -0.142 -0.115 -0.104

0.008

0.005

0.004

0.003

0.002

0.001

16.67

17.96

19.78

19.98

-0.480 -0.411 -0.352 -0.241 -0.219 -0.173

0.018

0.011

0.008

0.004

0.001

0.001

20.64

20.87

-0.129 -0.189 -0.209 -0.178

0.006

0.007

0.007

0.004

16.42

16.84

16.59

-0.227 -0.245 -0.248 -0.211

0.006

0.005

0.005

0.004

20.59

23.50

24.70

24.69

25.06

25.02

-0.341 -0.249 -0.200 -0.152 -0.136 -0.119

0.012

0.008

0.006

0.003

0.002

0.001

14.08

14.61

15.33

0.000

0.000

0.000

0.000

14.07

14.56

14.88

15.40

16.35

17.50

-0.365 -0.300 -0.260 -0.228 -0.221 -0.186

0.020

0.015

0.012

0.007

0.004

0.002

60.48 34.74

56.72 32.31

54.32 31.62

49.39 32.29

43.02 33.03

40.84 33.06

-0.222 -0.150 -0.157 -0.188 -0.195 -0.176 -0.259 -0.266 -0.239 -0.159 -0.134 -0.124

0.006 0.015

0.003 0.010

0.002 0.006

0.001 0.002

0.001 0.001

0.001 0.001

0.004 -0.034

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |


15.05.2013

Option Implied Volatility Skew Parameters by Terms: IVt = atx + btx2 + ct

At The Money Implied Volatilities by Terms

Russell 1000 Index

Ticker

Name

BIO UN Equity BIO-RAD LABORATORIES-A BIIB UW Equity BIOGEN IDEC INC BMRN UW Equity BIOMARIN PHARMACEUTICAL INC BMR UN Equity BIOMED REALTY TRUST INC BLK UN Equity BLACKROCK INC BMC UW Equity BMC SOFTWARE INC BA UN Equity BOEING CO/THE BOKF UW Equity BOK FINANCIAL CORPORATION BAH UN Equity BOOZ ALLEN HAMILTON HOLDINGS BWA UN Equity BORGWARNER INC BXP UN Equity BOSTON PROPERTIES INC BSX UN Equity BOSTON SCIENTIFIC CORP BDN UN Equity BRANDYWINE REALTY TRUST BRE UN Equity BRE PROPERTIES INC EAT UN Equity BRINKER INTERNATIONAL INC BMY UN Equity BRISTOL-MYERS SQUIBB CO BRCM UW Equity BROADCOM CORP-CL A BR UN Equity BROADRIDGE FINANCIAL SOLUTIO BRCD UW Equity BROCADE COMMUNICATIONS SYS BKD UN Equity BROOKDALE SENIOR LIVING INC BRO UN Equity BROWN & BROWN INC BF/B UN Equity BROWN-FORMAN CORP-CLASS B BRKR UW Equity BRUKER CORP BG UN Equity BUNGE LTD CA UW Equity CA INC CVC UN Equity CABLEVISION SYSTEMS-NY GRP-A CBT UN Equity CABOT CORP COG UN Equity CABOT OIL & GAS CORP CDNS UW Equity CADENCE DESIGN SYS INC CPN UN Equity CALPINE CORP CPT UN Equity CAMDEN PROPERTY TRUST CAM UN Equity CAMERON INTERNATIONAL CORP CPB UN Equity CAMPBELL SOUP CO COF UN Equity CAPITAL ONE FINANCIAL CORP CSE UN Equity CAPITALSOURCE INC CFFN UW Equity CAPITOL FEDERAL FINANCIAL IN CRR UN Equity CARBO CERAMICS INC CAH UN Equity CARDINAL HEALTH INC CFN UN Equity CAREFUSION CORP CSL UN Equity CARLISLE COS INC KMX UN Equity CARMAX INC CCL UN Equity CARNIVAL CORP CRS UN Equity CARPENTER TECHNOLOGY CRI UN Equity CARTER'S INC CTRX UW Equity CATAMARAN CORP CAT UN Equity CATERPILLAR INC CBL UN Equity CBL & ASSOCIATES PROPERTIES CBOE UW Equity CBOE HOLDINGS INC CBG UN Equity CBRE GROUP INC - A CBS UN Equity CBS CORP-CLASS B NON VOTING CE UN Equity CELANESE CORP-SERIES A CELG UW Equity CELGENE CORP CNP UN Equity CENTERPOINT ENERGY INC CTL UN Equity CENTURYLINK INC CERN UW Equity CERNER CORP CF UN Equity CF INDUSTRIES HOLDINGS INC CHRW UW Equity C.H. ROBINSON WORLDWIDE INC CRL UN Equity CHARLES RIVER LABORATORIES SCHW UN Equity SCHWAB (CHARLES) CORP CHTR UW Equity CHARTER COMMUNICATION-A LNG UA Equity CHENIERE ENERGY INC CHK UN Equity CHESAPEAKE ENERGY CORP CVX UN Equity CHEVRON CORP CBI UN Equity CHICAGO BRIDGE & IRON CO NV CHS UN Equity CHICO'S FAS INC CIM UN Equity CHIMERA INVESTMENT CORP CMG UN Equity CHIPOTLE MEXICAN GRILL INC CHH UN Equity CHOICE HOTELS INTL INC CB UN Equity CHUBB CORP CHD UN Equity CHURCH & DWIGHT CO INC CI UN Equity CIGNA CORP XEC UN Equity CIMAREX ENERGY CO CINF UW Equity CINCINNATI FINANCIAL CORP CNK UN Equity CINEMARK HOLDINGS INC CTAS UW Equity CINTAS CORP CSCO UW Equity CISCO SYSTEMS INC CIT UN Equity CIT GROUP INC C UN Equity CITIGROUP INC CTXS UW Equity CITRIX SYSTEMS INC CYN UN Equity CITY NATIONAL CORP CLH UN Equity CLEAN HARBORS INC CCO UN Equity CLEAR CHANNEL OUTDOOR-CL A CLWR UW Equity CLEARWIRE CORP-CLASS A CLF UN Equity CLIFFS NATURAL RESOURCES INC CLX UN Equity CLOROX COMPANY CME UW Equity CME GROUP INC CMS UN Equity CMS ENERGY CORP CNA UN Equity CNA FINANCIAL CORP CNH UN Equity CNH GLOBAL N.V. COH UN Equity COACH INC CIE UN Equity COBALT INTERNATIONAL ENERGY KO UN Equity COCA-COLA CO/THE CCE UN Equity COCA-COLA ENTERPRISES CTSH UW Equity COGNIZANT TECH SOLUTIONS-A CFX UN Equity COLFAX CORP CL UN Equity COLGATE-PALMOLIVE CO CMCSA UW EquityCOMCAST CORP-CLASS A CMA UN Equity COMERICA INC CBSH UW Equity COMMERCE BANCSHARES INC CMC UN Equity COMMERCIAL METALS CO CWH UN Equity COMMONWEALTH REIT CYH UN Equity COMMUNITY HEALTH SYSTEMS INC CMP UN Equity COMPASS MINERALS INTERNATION CSC UN Equity COMPUTER SCIENCES CORP CPWR UW Equity COMPUWARE CORP CNW UN Equity CON-WAY INC CAG UN Equity CONAGRA FOODS INC CXO UN Equity CONCHO RESOURCES INC CNQR UW Equity CONCUR TECHNOLOGIES INC COP UN Equity CONOCOPHILLIPS CNX UN Equity CONSOL ENERGY INC ED UN Equity CONSOLIDATED EDISON INC STZ UN Equity CONSTELLATION BRANDS INC-A CLR UN Equity CONTINENTAL RESOURCES INC/OK COO UN Equity COOPER COS INC/THE CPA UN Equity COPA HOLDINGS SA-CLASS A CPRT UW Equity COPART INC CLGX UN Equity CORELOGIC INC GLW UN Equity CORNING INC OFC UN Equity CORPORATE OFFICE PROPERTIES CXW UN Equity CORRECTIONS CORP OF AMERICA COST UW Equity COSTCO WHOLESALE CORP CVD UN Equity COVANCE INC CVA UN Equity COVANTA HOLDING CORP COV UN Equity COVIDIEN PLC BCR UN Equity CR BARD INC

GICS_SECTOR_NAME

ATM Ref

Health Care 115.79 Health Care 227.93 Health Care 68.68 Financials 22.74 Financials 284.66 Information Technology 45.38 Industrials 96.73 Financials 65.19 Information Technology 16.25 Consumer Discretionary 83.37 Financials 110.47 Health Care 9.00 Financials 15.71 Financials 52.64 Consumer Discretionary 40.52 Health Care 44.07 Information Technology 36.70 Information Technology 26.39 Information Technology 5.61 Health Care 29.35 Financials 32.71 Consumer Staples 72.53 Health Care 16.89 Consumer Staples 72.12 Information Technology 27.45 Consumer Discretionary 15.56 Materials 38.03 Energy 67.87 Information Technology 14.19 Utilities 21.15 Financials 74.52 Energy 63.14 Consumer Staples 47.95 Financials 59.65 Financials 9.47 Financials 11.99 Energy 70.11 Health Care 46.56 Health Care 33.73 Industrials 67.06 Consumer Discretionary 48.19 Consumer Discretionary 35.17 Materials 46.92 Consumer Discretionary 70.55 Health Care 53.24 Industrials 86.72 Financials 25.91 Financials 40.13 Financials 24.84 Consumer Discretionary 49.97 Materials 48.40 Health Care 130.10 Utilities 24.16 Telecommunication Services 38.00 Health Care 95.94 Materials 190.60 Industrials 57.31 Health Care 45.67 Financials 18.57 Consumer Discretionary 113.88 Energy 30.49 Energy 20.64 Energy 123.01 Industrials 57.97 Consumer Discretionary 19.49 Financials 3.25 Consumer Discretionary 374.49 Consumer Discretionary 40.60 Financials 90.10 Consumer Staples 64.45 Health Care 67.72 Energy 69.74 Financials 50.20 Consumer Discretionary 30.19 Industrials 45.27 Information Technology 21.24 Financials 44.42 Financials 50.72 Information Technology 65.57 Financials 60.33 Industrials 55.24 Consumer Discretionary 8.02 Telecommunication Services 3.21 Materials 21.64 Consumer Staples 87.78 Financials 63.39 Utilities 28.88 Financials 34.97 Industrials 42.74 Consumer Discretionary 58.79 Energy 26.91 Consumer Staples 42.77 Consumer Staples 38.57 Information Technology 62.58 Industrials 48.07 Consumer Staples 124.00 Consumer Discretionary 43.17 Financials 39.13 Financials 41.69 Materials 15.18 Financials 20.11 Health Care 45.48 Materials 88.75 Information Technology 46.50 Information Technology 11.26 Industrials 36.13 Consumer Staples 35.97 Energy 81.12 Information Technology 83.48 Energy 62.14 Energy 33.89 Utilities 60.65 Consumer Staples 50.33 Energy 83.51 Health Care 111.62 Industrials 139.82 Industrials 36.79 Information Technology 28.15 Information Technology 15.65 Financials 29.10 Financials 38.76 Consumer Staples 112.33 Health Care 77.12 Industrials 20.33 Health Care 66.13 Health Care 106.58

Dividend Yield

Next ExDividend Date

4.22% 2.42%

28.06.2013 07.06.2013

2.08% 2.64% 2.77%

14.08.2013 14.08.2013 03.06.2013

2.44%

26.06.2013

3.82% 3.02% 2.20% 3.22% 1.20% 2.84%

02.07.2013 13.09.2013 12.06.2013 03.07.2013 28.08.2013 13.09.2013

1.15% 1.48%

05.08.2013 06.06.2013

1.58% 3.64% 3.86% 2.26% 0.09%

16.08.2013 16.08.2013 22.08.2013 28.08.2013 12.08.2013

3.42%

28.06.2013

2.50% 2.01% 1.48% 2.50% 1.71% 2.72%

11.07.2013 08.08.2013 14.06.2013 31.07.2013 01.08.2013 25.09.2013

1.28%

14.08.2013

2.99% 1.56% 0.23%

21.08.2013 30.08.2013

2.42% 3.59% 1.72%

18.07.2013 28.06.2013 28.08.2013

1.08% 0.79%

11.06.2013 18.07.2013

2.61% 5.68%

16.08.2013 07.06.2013

0.63% 2.44%

15.08.2013 04.09.2013

1.29%

14.08.2013

1.94% 2.44% 0.35% 1.15% 11.07%

11.07.2013 16.08.2013 20.09.2013 12.09.2013 26.06.2013

1.93% 2.00% 1.78% 0.09% 0.83% 3.28% 2.78% 1.79% 3.63%

02.10.2013 19.06.2013 15.08.2013 07.03.2014 14.08.2013 16.09.2013 06.06.2013 05.11.2013 02.07.2013

0.45%

08.08.2013

2.15%

29.07.2013

2.77% 3.24% 2.84% 3.70% 2.43% 2.30%

15.08.2013 21.10.2013 07.06.2013 31.07.2013 13.08.2013 05.04.2014 06.06.2013

2.67% 2.15%

11.09.2013 04.09.2013

2.25% 1.92% 1.87% 2.16% 3.16% 4.98%

26.07.2013 01.07.2013 11.09.2013 04.09.2013 11.07.2013 26.07.2013

2.53% 1.72%

30.08.2013 12.06.2013

0.83% 2.95%

15.08.2013 31.07.2013

4.30% 1.48% 4.06%

25.07.2013 07.08.2013 12.08.2013

0.05%

18.07.2013 29.05.2014

2.62% 3.78% 4.64% 1.14%

30.08.2013 26.09.2013 01.07.2013 07.08.2013

3.27% 1.71% 0.79%

21.06.2013 01.08.2013 18.07.2013

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol - ATM Vol (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M 20.46 32.41 34.16 12.20 20.27 5.90 19.23 24.38 27.39 21.17 14.27 28.91 16.38 17.57 22.37 19.16 22.05 19.66 34.83 34.47 19.05 16.54 31.91 17.92 18.10 30.10 28.08 32.07 18.61 20.85 13.72 27.52 17.57 20.48 21.49 13.40 30.98 15.02 19.87 22.13 30.57 23.03 24.76 20.96 34.65 20.53 18.22 17.88 26.09 27.72 27.77 29.38 19.19 16.83 23.98 26.17 20.95 23.91 23.28 20.48 35.79 30.51 13.39 26.81 40.83 24.19 24.21 17.32 12.57 14.06 20.65 31.05 12.76 18.64 15.00 25.88 17.75 23.37 27.20 15.93 27.68 40.51 46.98 54.90 13.19 16.34 16.10 16.04 29.10 23.07 31.74 13.83 16.63 32.74 22.68 14.14 17.03 18.29 32.99 25.73 37.99 28.00 16.02 37.88 37.55 28.23 14.72 31.31 24.77 15.99 34.13 11.57 24.29 29.54 25.22 24.49 37.50 28.73 20.98 14.51 17.37 16.36 17.14 18.17 16.70 16.32

20.80 32.00 31.98 14.19 21.48 6.01 19.63 20.76 27.30 22.23 14.40 29.26 16.38 18.33 21.95 18.56 24.67 18.67 32.10 34.01 19.01 16.50 32.27 18.78 19.82 32.08 27.93 32.30 22.10 21.03 15.02 28.71 16.64 23.07 18.23 13.40 34.92 16.92 20.35 22.09 28.37 22.25 26.37 22.15 34.59 20.40 19.31 17.79 27.52 27.70 28.69 29.71 19.05 16.79 26.09 26.92 23.29 25.80 23.97 21.99 36.19 30.83 14.48 27.80 36.94 24.21 26.53 18.52 12.81 13.28 20.71 32.56 13.79 19.51 17.11 23.19 17.84 25.19 29.14 16.36 28.41 38.83 41.86 55.02 13.44 16.67 16.04 16.82 29.46 27.05 36.52 14.89 17.62 31.96 24.07 15.16 17.36 20.68 27.48 27.41 41.88 29.43 18.10 35.65 34.99 29.68 15.13 32.55 27.13 15.86 34.33 11.98 25.27 30.43 22.75 25.18 34.62 26.66 20.81 16.05 19.39 15.75 19.33 18.70 16.64 15.80

21.17 32.10 31.18 15.03 21.80 5.95 20.78 18.97 27.04 23.32 15.21 29.39 16.93 18.73 22.74 18.30 26.00 18.09 31.67 34.34 18.97 16.48 32.67 19.46 20.61 32.97 27.99 33.50 23.78 21.29 15.44 29.53 16.09 23.08 17.35 13.40 36.80 17.81 20.71 22.23 27.41 22.38 27.27 22.98 34.50 22.03 19.78 17.62 28.47 27.85 29.26 30.05 19.09 17.23 27.12 27.36 24.32 26.74 24.34 23.01 36.43 31.54 14.75 28.44 34.80 24.23 27.81 19.02 13.50 13.50 21.16 33.30 14.51 20.09 18.00 24.57 18.58 25.23 30.12 17.15 29.22 37.69 38.13 55.06 13.65 17.15 15.99 17.32 29.94 28.78 40.89 15.03 18.25 32.29 24.93 15.49 18.35 21.38 23.66 28.35 41.78 30.27 19.11 34.21 32.62 30.78 15.35 33.20 28.15 16.08 34.72 12.13 25.74 30.96 21.61 25.58 32.98 26.81 23.59 16.85 20.39 15.73 20.24 18.95 17.23 15.83

22.19 32.55 31.31 14.95 21.70 5.94 21.27 17.79 26.22

32.94 31.05

33.53 30.25

22.22 4.18 21.82

22.93 3.58 23.02

30.36

31.80

18.41 26.96 17.35 32.67 34.90 19.17 16.58 33.76 20.55 21.23 33.30

19.36 26.96

20.75 27.83

32.87

33.91

21.34 21.15 33.78

21.87 23.03 34.43

35.87 24.69 22.38 15.15 30.86 15.76 23.55

35.70

34.81

22.37

22.33

31.31 16.38 25.74

31.83 16.62 26.43

37.15 19.70

37.68 19.90

23.40 28.24 24.31

24.80

26.03

22.39 19.59 17.06 30.26 28.81 29.99 30.91 19.52 18.19 27.62 28.01 24.29 27.34 24.79 24.70 36.68 33.40 15.42 29.28 33.56 21.45 29.20 18.87 15.19

24.03

25.04

17.09 30.68 27.63 29.65 32.84 19.79 19.05 28.47 29.12 24.20

17.20 30.92 28.59 29.38 34.42 20.43 19.45 29.10 29.94 24.65

24.04

24.64

37.12 35.42 17.20 30.58 33.96 22.72 29.81

37.74 36.14 18.19 31.76 34.48 23.55 30.58

22.38 33.72 15.72 21.12 17.73 22.70 20.45 25.20 30.84 19.90

23.85

24.74

19.03 23.77 21.97 26.62 30.09

19.22 24.85 22.71 27.79 30.97

23.55 53.01 15.18 19.77

19.31 51.70 15.57 20.34

28.54 46.10 16.60 19.46 33.69

29.12 43.52 18.01 20.37 33.84

16.63 22.06 23.62

17.48 23.52 24.44

30.38

30.18

15.68 33.43

15.84 33.73

18.53 37.04 13.25 26.30 32.18

19.23 38.36 13.78 27.53 32.81

24.94

25.74

22.16 17.80

23.45 19.02

20.70

22.04

17.10 29.32

13.40 37.91 18.01 21.26 22.70

35.97 30.82 54.77 14.16 18.47 15.64 17.80 31.31 29.19 46.78 15.44 18.86 33.47 26.14 15.42 20.38 21.89 22.54 29.36 31.27 19.69 32.30 27.34 32.90 15.63 33.66 28.41 16.94 35.59 12.40 25.85 31.60 21.93 26.02 31.80 24.15 17.51 21.14 16.47 20.36 19.08 18.81

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Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

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15.05.2013

Ticker

Russell 1000 Index

CR UN Equity

Name CRANE CO

GICS_SECTOR_NAME

ATM2 Ref

Dividend Yield

Next ExDividend Date

1.98%

28.08.2013

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: 2 IVt = atx + btx + ct

ATM2 ATM2 ATM2 ATM2 ATM2 ATM2 ATM2 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

Industrials

59.67

18.07

18.79

19.48

21.02

CREE UW Equity CREE INC

Information Technology

60.07

37.68

40.77

42.24

42.88

CCI UN Equity

CROWN CASTLE INTL CORP

Telecommunication Services 79.62

18.44

17.66

17.96

19.46

CCK UN Equity

CROWN HOLDINGS INC

Materials

44.00

15.69

17.07

17.31

CST UN Equity

CST BRANDS INC

Consumer Discretionary

33.24

33.84

33.82

33.02

31.98

CSX UN Equity

CSX CORP

Industrials

25.92

2.31%

30.08.2013

18.63

19.66

20.40

21.46

CFR UN Equity

CULLEN/FROST BANKERS INC

Financials

63.00

3.17%

30.08.2013

13.12

13.00

13.81

CMI UN Equity

CUMMINS INC

Industrials

114.14

2.36%

14.08.2013

23.63

24.97

25.93

27.56

29.42

CVS UN Equity

CVS CAREMARK CORP

Consumer Staples

59.89

1.60%

25.07.2013

15.91

17.01

17.56

17.98

CY UW Equity

CYPRESS SEMICONDUCTOR CORP

Information Technology

11.09

3.97%

24.09.2013

31.04

33.38

34.50

35.40

CYT UN Equity

CYTEC INDUSTRIES INC

Materials

71.65

0.77%

09.08.2013

23.25

25.21

25.98

25.88

DHR UN Equity

DANAHER CORP

Industrials

61.87

0.19%

02.10.2013

15.28

16.47

17.28

18.64

20.13

DRI UN Equity

DARDEN RESTAURANTS INC

Consumer Discretionary

53.97

4.15%

10.07.2013

21.02

20.30

20.42

21.59

22.43

DVA UN Equity

DAVITA HEALTHCARE PARTNERS I

Health Care

19.51

20.48

21.19

DDR UN Equity

DDR CORP

Financials

19.32

15.87

15.85

15.83

DF UN Equity

DEAN FOODS CO

26.41

129.82 2.87%

13.09.2013

41.50

40.82

-0.075 -0.289 -0.358 -0.287

0.001

0.009

0.011

0.007

-0.073 -0.121 -0.138 -0.115 -0.119 -0.104

0.009

0.005

0.003

0.001

-0.184 -0.234 -0.230 -0.183

0.006

0.008

0.008

0.004

-0.223 -0.236 -0.239

0.005

0.004

0.005

0.410

-0.003 0.002

0.004

0.004

0.005

0.007

0.007

0.004

0.003

0.001

-0.063 -0.064 -0.129

0.000

0.001

0.003

30.71

-0.325 -0.245 -0.202 -0.166 -0.135 -0.113

0.011

0.007

0.005

0.003

0.002

0.001

19.39

20.23

-0.535 -0.417 -0.339 -0.252 -0.202 -0.169

0.019

0.014

0.010

0.006

0.003

0.002

36.98

38.30

-0.470 -0.292 -0.196 -0.136 -0.140 -0.120

0.013

0.007

0.004

0.002

0.000

0.000

-0.204 -0.190 -0.193 -0.228

0.004

0.003

0.003

0.004

21.40

-0.305 -0.289 -0.273 -0.232 -0.168 -0.147

0.007

0.007

0.007

0.005

0.003

0.002

22.64

-0.308 -0.297 -0.248 -0.166 -0.146 -0.133

0.009

0.009

0.007

0.003

0.001

0.001

-0.416 -0.243 -0.183

0.014

0.013

0.009

-0.224 -0.219 -0.213

0.009

0.009

0.009

24.26

0.048

0.045

0.000

-0.224 -0.239 -0.240 -0.206 -0.156 -0.136

22.81

0.157

0.000

Consumer Staples

19.98

29.15

30.40

31.26

32.07

32.50

-0.173 -0.205 -0.216 -0.208 -0.136 -0.115

0.002

0.001

0.001

0.002

0.002

0.001

DECK UW Equity DECKERS OUTDOOR CORP

Consumer Discretionary

55.25

36.90

37.25

39.72

42.45

43.10

43.25

-0.199 -0.175 -0.169 -0.146 -0.143 -0.128

0.010

0.005

0.003

0.001

0.001

0.000

DE UN Equity

DEERE & CO

Industrials

88.88

2.34%

28.06.2013

22.27

21.13

20.67

21.04

23.10

24.25

-0.342 -0.283 -0.241 -0.185 -0.131 -0.115

0.011

0.008

0.007

0.004

0.003

0.001

DELL UW Equity

DELL INC

Information Technology

13.46

0.59%

27.06.2013

17.78

17.91

16.89

15.73

16.51

16.02

-0.270 -0.404 -0.256 -0.278 -0.119 -0.122

0.016

0.015

0.021

0.012

0.006

0.004

DLPH UN Equity

DELPHI AUTOMOTIVE PLC

Consumer Discretionary

46.39

1.51%

12.06.2013

21.39

23.52

24.61

25.36

26.48

27.59

-0.219 -0.247 -0.243 -0.166 -0.137 -0.113

0.006

0.005

0.004

0.003

0.001

0.001

DAL UN Equity

DELTA AIR LINES INC

Industrials

19.30

1.24%

06.11.2013

37.75

39.31

40.22

41.26

42.16

42.77

-0.262 -0.250 -0.234 -0.188 -0.150 -0.142

0.013

0.008

0.006

0.003

0.002

0.001

DNR UN Equity

DENBURY RESOURCES INC

Energy

18.21

28.67

30.11

30.83

31.05

33.56

33.60

-0.001 -0.082 -0.124 -0.162 -0.148 -0.132

0.007

0.006

0.005

0.003

0.002

0.001

XRAY UW Equity DENTSPLY INTERNATIONAL INC

Health Care

42.75

0.60%

26.06.2013

18.70

16.59

16.53

-0.182 -0.326 -0.303

0.001

0.012

0.011

DVN UN Equity

DEVON ENERGY CORPORATION

Energy

58.65

1.50%

13.09.2013

23.95

24.98

25.46

25.71

-0.165 -0.155 -0.149 -0.134 -0.114 -0.104

0.019

0.011

0.006

0.003

0.002

0.001

DV UN Equity

DEVRY INC

Consumer Discretionary

30.12

1.20%

21.06.2013

30.33

34.44

36.33

37.10

DO UN Equity

DIAMOND OFFSHORE DRILLING

Energy

69.74

0.72%

01.08.2013

19.28

20.57

21.36

DKS UN Equity

DICK'S SPORTING GOODS INC

Consumer Discretionary

52.86

0.95%

03.06.2013

30.55

28.04

DBD UN Equity

DIEBOLD INC

Information Technology

30.53

2.84%

30.08.2013

19.77

21.64

DLR UN Equity

DIGITAL REALTY TRUST INC

Financials

65.04

4.89%

13.09.2013

23.94

23.90

23.93

DDS UN Equity

DILLARDS INC-CL A

Consumer Discretionary

88.50

0.23%

28.06.2013

31.18

29.98

29.31

28.79

29.41

DTV UW Equity

DIRECTV

Consumer Discretionary

64.50

21.20

21.48

21.75

22.60

22.70

DFS UN Equity

DISCOVER FINANCIAL SERVICES

Financials

47.18

1.78%

02.07.2013

21.18

21.43

22.20

24.12

26.02

DISCA UW Equity DISCOVERY COMMUNICATIONS-A

Consumer Discretionary

79.00

21.07

21.32

21.87

DISH UW Equity

DISH NETWORK CORP-A

Consumer Discretionary

39.01

36.57

35.81

35.56

36.09

DLB UN Equity

DOLBY LABORATORIES INC-CL A

Information Technology

34.52

23.37

25.79

27.15

28.61

DG UN Equity

DOLLAR GENERAL CORP

Consumer Discretionary

53.11

27.74

25.58

24.68

DLTR UW Equity DOLLAR TREE INC

Consumer Discretionary

49.52

28.97

27.54

26.84

D UN Equity

DOMINION RESOURCES INC/VA

Utilities

60.47

3.78%

28.08.2013

12.66

12.72

12.97

UFS UN Equity

DOMTAR CORP

Materials

73.98

2.97%

17.09.2013

26.64

27.24

27.61

DCI UN Equity

DONALDSON CO INC

Industrials

38.39

1.20%

05.06.2013

20.81

22.12

22.14

DEI UN Equity

DOUGLAS EMMETT INC

Financials

27.37

2.70%

26.06.2013

18.29

18.29

17.40

DOV UN Equity

DOVER CORP

Industrials

75.68

1.99%

28.08.2013

17.93

19.00

19.76

DOW UN Equity

DOW CHEMICAL CO/THE

Materials

35.50

3.86%

30.09.2013

22.22

22.96

23.40

23.92

24.79

DHI UN Equity

DR HORTON INC

Consumer Discretionary

27.42

0.27%

10.02.2014

30.88

32.51

33.41

34.34

34.31

DPS UN Equity

DR PEPPER SNAPPLE GROUP INC

Consumer Staples

49.69

3.12%

20.06.2013

16.04

17.23

17.95

DWA UW Equity

DREAMWORKS ANIMATION SKG-A

Consumer Discretionary

21.99

26.19

29.62

DRC UN Equity

DRESSER-RAND GROUP INC

Energy

62.36

36.26

DST UN Equity

DST SYSTEMS INC

Information Technology

69.94

2.18%

09.08.2013

15.50

DSW UN Equity

DSW INC-CLASS A

Consumer Discretionary

70.24

1.03%

18.06.2013

31.32

DTE UN Equity

DTE ENERGY COMPANY

Utilities

71.02

3.69%

12.09.2013

DUK UN Equity

DUKE ENERGY CORP

Utilities

71.81

4.34%

DRE UN Equity

DUKE REALTY CORP

Financials

18.47

2.76%

DNB UN Equity

DUN & BRADSTREET CORP

Industrials

96.63

1.69%

DNKN UW Equity DUNKIN' BRANDS GROUP INC

Consumer Discretionary

42.10

ETFC UW Equity E*TRADE FINANCIAL CORP

Financials

11.35

EWBC UW Equity EAST WEST BANCORP INC

Financials

25.21

EMN UN Equity

EASTMAN CHEMICAL CO

Materials

ETN UN Equity

EATON CORP PLC

EV UN Equity

EATON VANCE CORP

EBAY UW Equity

26.21

27.08

-0.281 -0.230 -0.198 -0.137

0.008

0.005

0.004

0.002

22.45

23.30

24.01

-0.337 -0.342 -0.328 -0.251 -0.165 -0.145

0.009

0.005

0.004

0.002

0.002

0.001

26.70

26.06

26.23

26.78

-0.357 -0.271 -0.216 -0.153 -0.144 -0.121

0.009

0.006

0.004

0.002

0.001

0.001

22.48

22.69

0.000 -0.087 -0.112 -0.083

0.000

0.003

0.003

0.002

-0.334 -0.280 -0.243

0.009

0.009

0.008

29.63

-0.243 -0.220 -0.204 -0.183 -0.140 -0.123

0.006

0.004

0.003

0.001

0.001

0.001

24.31

-0.254 -0.211 -0.184 -0.153 -0.138 -0.122

0.014

0.010

0.008

0.004

0.002

0.002

26.70

-0.438 -0.313 -0.250 -0.195 -0.134 -0.120

0.015

0.011

0.007

0.003

0.002

0.001

-0.295 -0.269 -0.235

0.010

0.009

0.008

-0.211 -0.182 -0.166 -0.154 -0.140 -0.115

0.012

0.007

0.004

0.002

0.002

0.001

35.82

35.80

-0.171 -0.161 -0.153 -0.135

0.007

0.007

0.006

0.004

25.52

25.57

25.78

-0.106 -0.148 -0.166 -0.143 -0.067 -0.069

0.004

0.004

0.004

0.002

0.000

0.001

26.77

26.73

26.31

-0.226 -0.204 -0.186 -0.151 -0.138 -0.127

0.009

0.006

0.005

0.002

0.002

0.001

-0.227 -0.302 -0.292

0.005

0.010

0.010

-0.275 -0.264 -0.226

0.012

0.010

0.009

21.35

-0.213 -0.251 -0.253 -0.205

0.004

0.006

0.007

0.000

0.000 -0.069

0.000

0.000

0.002

20.94

-0.508 -0.350 -0.267 -0.220

0.018

0.012

0.008

0.004

25.18

-0.443 -0.336 -0.270 -0.206 -0.153 -0.134

0.015

0.010

0.007

0.004

0.002

0.002

35.07

-0.263 -0.238 -0.213 -0.156 -0.083 -0.074

0.013

0.008

0.005

0.002

0.001

0.000

18.15

-0.167 -0.176 -0.176 -0.151

0.003

0.005

0.005

0.005

31.27

32.29

-0.057 -0.097 -0.112 -0.105

0.005

0.004

0.003

0.002

35.79

35.50

35.12

0.013 -0.013 -0.032 -0.065

0.008

0.005

0.003

0.002

16.85

17.56

18.40

-0.104 -0.150 -0.176 -0.210

0.002

0.003

0.004

0.006

29.33

28.64

-0.144 -0.220 -0.242

0.015

0.005

0.001

13.63

13.24

13.28

-0.202 -0.281 -0.295

0.004

0.007

0.008

14.08.2013

12.36

12.45

12.55

13.13

-0.193 -0.274 -0.264 -0.205 -0.155 -0.126

0.005

0.009

0.008

0.004

0.002

15.08.2013

18.80

18.20

17.77

16.83

0.000 -0.007 -0.006 0.019

0.000 -0.001 -0.001 0.003

28.08.2013

18.87

21.13

21.94

21.37

-0.113 -0.150 -0.160 -0.138

0.002

0.004

0.004

0.003

2.45%

08.08.2013

19.92

21.37

22.38

24.25

24.88

26.25

-0.261 -0.182 -0.136 -0.096 -0.080 -0.067

0.010

0.006

0.004

0.003 -0.001 0.000

29.06

30.47

30.80

30.86

31.94

32.56

-0.206 -0.218 -0.205 -0.170 -0.138 -0.130

0.013

0.009

0.006

0.003

0.001

0.001

2.62%

09.08.2013

17.47

18.78

19.20

0.000 -0.104 -0.129

0.000

0.002

0.003

69.38

1.84%

12.09.2013

26.02

27.03

27.61

28.14

28.49

29.36

-0.300 -0.280 -0.265 -0.216 -0.170 -0.147

0.016

0.009

0.005

0.003

0.002

0.001

Industrials

64.96

2.71%

08.08.2013

22.14

22.12

22.45

23.54

25.56

26.75

-0.307 -0.290 -0.266 -0.225 -0.193 -0.170

0.007

0.008

0.007

0.003

0.001

0.001

Financials

42.91

1.93%

31.07.2013

23.75

22.64

22.43

23.88

-0.026 -0.186 -0.249 -0.248

0.000

0.007

0.009

0.006

EBAY INC

Information Technology

56.49

22.59

26.00

27.22

28.07

-0.289 -0.241 -0.195 -0.135 -0.114 -0.097

0.013

0.008

0.005

0.002

0.002

0.001

SATS UW Equity

ECHOSTAR CORP-A

Information Technology

39.60

24.90

23.76

24.22

-0.128 -0.139 -0.141

0.002

0.003

0.003

ECL UN Equity

ECOLAB INC

Materials

88.08

1.14%

20.09.2013

15.73

15.44

15.79

-0.256 -0.278 -0.271

0.006

0.008

0.007

EIX UN Equity

EDISON INTERNATIONAL

Utilities

49.30

2.85%

26.09.2013

15.49

15.22

15.30

-0.196 -0.294 -0.278

0.004

0.009

0.009

EW UN Equity

EDWARDS LIFESCIENCES CORP

Health Care

71.83

25.04

29.39

31.03

30.70

29.72

29.72

0.001 -0.051 -0.074 -0.079 -0.065 -0.072

0.009

0.004

0.002

0.002

0.002

0.001

DD UN Equity

DU PONT (E.I.) DE NEMOURS

Materials

55.33

2.49%

15.08.2013

17.37

17.44

17.80

18.68

19.87

20.61

-0.382 -0.290 -0.248 -0.206 -0.157 -0.140

0.015

0.014

0.011

0.006

0.004

0.002

EA UW Equity

ELECTRONIC ARTS INC

Information Technology

22.66

36.38

36.14

36.01

35.99

35.21

35.30

-0.270 -0.212 -0.177 -0.138 -0.119 -0.105

0.008

0.005

0.003

0.002

0.001

0.001

LLY UN Equity

ELI LILLY & CO

Health Care

56.64

16.29

17.67

18.35

19.04

19.94

20.49

-0.385 -0.267 -0.211 -0.164 -0.128 -0.110

0.018

0.014

0.010

0.004

0.002

0.001

EMC UN Equity

EMC CORP/MA

Information Technology

22.89

21.76

22.49

22.75

23.14

24.86

26.43

-0.303 -0.235 -0.197 -0.154 -0.118 -0.098

0.017

0.012

0.009

0.004

0.002

0.001

EMR UN Equity

EMERSON ELECTRIC CO

Industrials

58.54

16.46

17.73

18.19

19.26

20.43

21.62

-0.495 -0.406 -0.323 -0.231 -0.206 -0.166

0.016

0.012

0.009

0.005

0.003

0.002

ENDP UW Equity ENDO HEALTH SOLUTIONS INC

Health Care

33.47

36.97

36.02

35.63

35.44

34.80

34.21

-0.219 -0.206 -0.163 -0.102 -0.121 -0.096

0.005 -0.001 -0.002 0.001

0.001

0.001

ENH UN Equity

ENDURANCE SPECIALTY HOLDINGS

Financials

50.99

2.53%

14.06.2013

14.92

15.57

16.13

0.000 -0.152 -0.154

0.000

0.004

0.004

EGN UN Equity

ENERGEN CORP

Energy

51.09

0.86%

15.08.2013

24.03

22.90

22.94

-0.214 -0.220 -0.221

0.006

0.004

0.003

ENR UN Equity

ENERGIZER HOLDINGS INC

Consumer Staples

101.60

1.57%

16.08.2013

18.58

22.32

23.67

23.57

-0.304 -0.261 -0.224 -0.149

0.009

0.007

0.006

0.003

EGL UN Equity

ENGILITY HOLDINGS INC

Industrials

23.62

ETR UN Equity

ENTERGY CORP

Utilities

69.18

4.80%

06.08.2013

15.79

15.18

15.08

15.97

-0.149 -0.179 -0.182 -0.122

0.002

0.005

0.006

0.002

EOG UN Equity

EOG RESOURCES INC

Energy

135.44

0.57%

16.10.2013

28.84

28.34

28.42

28.85

-0.241 -0.236 -0.228 -0.209 -0.191 -0.181

0.010

0.007

0.005

0.003

0.002

0.001

EQT UN Equity

EQT CORP

Energy

76.86

0.16%

07.08.2013

24.85

25.52

25.79

25.65

-0.387 -0.302 -0.258 -0.232

0.010

0.008

0.006

0.004

EFX UN Equity

EQUIFAX INC

Industrials

63.67

1.43%

30.08.2013

16.90

18.21

18.69

-0.091 -0.064 -0.088

0.001

0.001

0.002

EQIX UW Equity

EQUINIX INC

Information Technology

25.63

27.05

28.04

29.91

-0.309 -0.248 -0.209 -0.157 -0.109 -0.087

0.012

0.008

0.006

0.003

0.001

0.000

ELS UN Equity

EQUITY LIFESTYLE PROPERTIES

Financials

83.49

2.44%

25.09.2013

18.12

19.07

19.97

15.82

-0.381 -0.385 -0.386 -0.171

0.005

0.004

0.004

0.002

EQR UN Equity

EQUITY RESIDENTIAL

Financials

59.15

3.13%

19.06.2013

15.82

15.70

16.13

-0.221 -0.215 -0.211

0.004

0.006

0.006

ERA UN Equity

ERA GROUP INC

Energy

ERIE UW Equity

ERIE INDEMNITY COMPANY-CL A

Financials

81.38

3.01%

04.10.2013

ESS UN Equity

ESSEX PROPERTY TRUST INC

Financials

165.18

2.98%

28.06.2013

12.60

12.69

13.22

-0.106 -0.130 -0.164

0.001

0.003

0.005

EL UN Equity

ESTEE LAUDER COMPANIES-CL A

Consumer Staples

71.84

1.04%

24.09.2013

22.18

21.75

22.23

-0.642 -0.439 -0.314 -0.209 -0.155 -0.126

0.015

0.010

0.007

0.004

0.002

0.001

RE UN Equity

EVEREST RE GROUP LTD

Financials

136.25

1.46%

22.05.2013

14.92

15.07

15.54

-0.157 -0.119 -0.122

0.002

0.002

0.003

XCO UN Equity

EXCO RESOURCES INC

Energy

7.94

2.52%

14.06.2013

41.26

43.45

44.58

0.002

0.001

0.000

XLS UN Equity

EXELIS INC

Industrials

11.84

3.49%

28.08.2013

26.06

27.04

26.92

EXC UN Equity

EXELON CORP

Utilities

35.08

2.65%

16.08.2013

16.17

16.13

EXPE UW Equity EXPEDIA INC

Consumer Discretionary

60.94

0.90%

28.08.2013

32.79

EXPD UW Equity EXPEDITORS INTL WASH INC

Industrials

38.66

1.55%

03.12.2013

22.79

ESRX UW Equity EXPRESS SCRIPTS HOLDING CO

Health Care

61.00

EXR UN Equity

EXTRA SPACE STORAGE INC

Financials

43.94

2.37%

XOM UN Equity

EXXON MOBIL CORP

Energy

90.87

2.91%

FFIV UW Equity

F5 NETWORKS INC

Information Technology

FB UW Equity

FACEBOOK INC-A

Information Technology

FDS UN Equity

FACTSET RESEARCH SYSTEMS INC

Information Technology

97.72

FCS UN Equity

FAIRCHILD SEMICONDUCTOR INTE

Information Technology

14.74

FDO UN Equity

FAMILY DOLLAR STORES

Consumer Discretionary

65.11

1.64%

FAST UW Equity

FASTENAL CO

Industrials

51.86

1.66%

FRT UN Equity

FEDERAL REALTY INVS TRUST

Financials

117.32

2.62%

FII UN Equity

FEDERATED INVESTORS INC-CL B

Financials

25.37

FDX UN Equity

FEDEX CORP

Industrials

FNF UN Equity

FIDELITY NATIONAL FINL-A

Financials

FIS UN Equity

FIDELITY NATIONAL INFORMATIO

Information Technology

FITB UW Equity

FIFTH THIRD BANCORP

3.46% 3.01%

15.08.2013 14.08.2013

230.86

29.85

28.68

30.59

16.49

31.19

28.49

30.99

0.006

26.13

23.32

23.51

23.81

45.75

45.17

46.65

-0.373 -0.259 -0.185 -0.112 -0.051 -0.032

0.017

0.010

0.006

0.000 -0.296 -0.296

0.000

0.005

0.005

16.15

16.37

17.17

17.66

-0.213 -0.229 -0.232 -0.202 -0.145 -0.115

0.004

0.006

0.007

0.007

0.004

0.003

32.80

34.46

37.72

38.76

39.72

-0.180 -0.179 -0.166 -0.140 -0.128 -0.110

0.007

0.005

0.003

0.001

0.001

0.001

24.78

25.54

25.07

24.88

26.08

-0.098 -0.111 -0.121 -0.122 -0.109 -0.095

0.008

0.006

0.005

0.003

0.002

0.001

20.09

19.84

22.60

23.69

24.51

25.60

-0.289 -0.248 -0.212 -0.170 -0.135 -0.115

0.015

0.008

0.007

0.003

0.001

0.001

14.06.2013

14.99

15.73

16.25

17.24

0.000 -0.027 -0.042 -0.060

0.000

0.001

0.001

0.000

08.08.2013

13.17

13.38

13.54

14.02

15.53

16.61

-0.563 -0.422 -0.339 -0.260 -0.213 -0.172

0.018

0.014

0.011

0.008

0.004

0.003

78.01

30.66

32.77

34.76

37.28

38.17

39.06

-0.108 -0.123 -0.117 -0.100 -0.099 -0.086

0.010

0.006

0.004

0.001

0.001

0.000

26.87

27.90

28.37

30.80

34.35

33.04

34.78

-0.192 -0.194 -0.155 -0.091 -0.079 -0.072

0.013

0.007

0.004

0.001

0.002

0.001

26.02

23.99

23.03

23.07

-0.364 -0.288 -0.243 -0.218

0.010

0.008

0.006

0.004

33.11

33.63

33.96

34.29

-0.256 -0.308 -0.299 -0.180

0.000

0.005

0.006

0.003

12.06.2013

23.10

25.02

25.52

25.49

25.79

25.88

-0.113 -0.073 -0.072 -0.087 -0.091 -0.099

0.003

0.003

0.002

0.001

0.000

0.000

26.07.2013

21.62

23.15

23.92

24.65

25.29

25.71

-0.288 -0.276 -0.262 -0.234 -0.186 -0.156

0.008

0.006

0.005

0.003

0.002

0.001

20.09.2013

14.55

12.31

12.15

15.76

-0.090 -0.337 -0.405 -0.165

0.000

0.007

0.008

0.003

3.78%

08.08.2013

24.78

24.45

24.41

-0.205 -0.114 -0.097

0.005

0.003

0.002

100.68

0.64%

18.06.2013

23.54

22.18

21.83

22.12

-0.303 -0.246 -0.207 -0.158 -0.123 -0.107

0.002

0.001

25.42

2.60%

16.09.2013

20.94

21.38

21.57

21.67

43.99

2.05%

13.09.2013

15.70

17.32

17.93

0.001

0.001

0.002

0.002

0.002

0.002

0.001

1.43%

28.08.2013

Financials

18.02

2.66%

26.06.2013

17.11

17.87

18.50

20.02

FCNCA UW Equity FIRST CITIZENS BCSHS -CL A

Financials

196.33

0.61%

19.09.2013

FHN UN Equity

Financials

11.36

2.02%

11.09.2013

23.01

23.83

24.80

26.76

FIRST HORIZON NATIONAL CORP

14.73

0.005

FNFG UW Equity FIRST NIAGARA FINANCIAL GRP

Financials

9.89

3.24%

31.07.2013

19.82

20.17

20.87

FRC UN Equity

FIRST REPUBLIC BANK/CA

Financials

40.03

1.20%

30.07.2013

21.84

20.05

19.63

21.98

FE UN Equity

FIRSTENERGY CORP

Utilities

42.79

5.14%

05.08.2013

15.26

15.02

14.98

15.25

FISV UW Equity

FISERV INC

Information Technology

89.80

15.32

16.60

17.20

FLT UN Equity

FLEETCOR TECHNOLOGIES INC

Information Technology

82.18

26.05

28.03

28.65

FLIR UW Equity

FLIR SYSTEMS INC

Information Technology

FLO UN Equity

FLOWERS FOODS INC

Consumer Staples

FLS UN Equity

FLOWSERVE CORP

Industrials

FLR UN Equity

FLUOR CORP

Industrials

FMC UN Equity

FMC CORP

FTI UN Equity

22.56

22.41

23.05

23.56

0.009

0.008

0.006

0.003

0.000 -0.133 -0.181 -0.152

0.000

0.005

0.007

0.005

-0.340 -0.323 -0.285

0.011

0.011

0.009

-0.212 -0.301 -0.298 -0.192 -0.157 -0.128

0.005

0.011

0.011

0.006

0.000 -0.270 -0.344 -0.207

0.000

0.007

0.008

0.003

0.000

0.000

0.000

0.000

0.010

0.000

0.000

0.000

0.002 -0.074

0.000

0.000

0.000

0.003

-0.153 -0.157 -0.181 -0.179 -0.124 -0.112

0.004

0.003

0.005

0.005

17.48

-0.300 -0.299 -0.291 -0.256

0.006

0.006

0.006

0.005

27.88

-0.037 -0.094 -0.121 -0.137

0.001

0.003

0.003

0.002

15.96

16.26

24.79

1.45%

22.08.2013

20.87

22.50

23.50

-0.148 -0.134 -0.139

0.007

0.003

0.002

34.14

2.03%

12.06.2013

27.94

27.14

26.45

-0.144 -0.149 -0.143

0.001

0.002

0.002

164.23

0.52%

28.06.2013

19.20

20.05

20.98

-0.266 -0.257 -0.238

0.014

0.009

0.006

62.12

1.09%

04.09.2013

24.09

24.60

25.46

-0.298 -0.237 -0.204 -0.174 -0.139 -0.126

0.010

0.006

0.004

Materials

62.69

0.89%

25.09.2013

19.33

19.03

19.45

-0.027 -0.142 -0.186

0.000

0.004

0.005

FMC TECHNOLOGIES INC

Energy

56.16

25.24

26.03

27.01

-0.267 -0.287 -0.266

0.008

0.006

0.004

FL UN Equity

FOOT LOCKER INC

Consumer Discretionary

F UN Equity

FORD MOTOR CO

27.03

27.99

28.57

36.51

2.25%

17.07.2013

29.17

28.03

27.32

26.84

27.41

28.24

-0.256 -0.233 -0.209 -0.167 -0.150 -0.126

0.007

0.006

0.005

0.002

0.001

0.001

Consumer Discretionary

14.68

3.00%

26.07.2013

22.65

22.70

24.50

24.70

25.83

27.03

-0.309 -0.208 -0.176 -0.134 -0.112 -0.094

0.013

0.010

0.007

0.004

0.002

0.002

FCE/A UN Equity FOREST CITY ENTERPRISES-CL A

Financials

19.75

0.30%

30.05.2013

22.87

25.85

27.16

27.45

0.000 -0.005 -0.014 -0.050

0.000 -0.002 -0.002 -0.001

FRX UN Equity FTNT UW Equity

Health Care Information Technology

38.82 18.11

20.57 42.09

22.30 46.31

22.99 48.30

22.93 49.26

-0.330 -0.258 -0.220 -0.196 -0.126 -0.114 -0.103 -0.100 -0.094 -0.072 -0.072 -0.068

0.010 0.008

0.003 0.001

0.002 0.001

FOREST LABORATORIES INC FORTINET INC

23.14 48.02

23.42 47.59

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

0.008 0.005

0.007 0.004

0.004 0.001


15.05.2013

Russell 1000 Index

Ticker FBHS UN Equity FOSL UW Equity BEN UN Equity FCX UN Equity FSL UN Equity TFM UW Equity FTR UW Equity FULT UW Equity FIO UN Equity GME UN Equity GCI UN Equity GPS UN Equity GDI UN Equity GRMN UW Equity IT UN Equity GMT UN Equity BGC UN Equity GD UN Equity GE UN Equity GGP UN Equity GIS UN Equity GM UN Equity G UN Equity GNTX UW Equity GPC UN Equity GNW UN Equity GILD UW Equity GPN UN Equity GNC UN Equity GLNG UW Equity GS UN Equity GT UW Equity GOOG UW Equity GGG UN Equity GTI UN Equity GXP UN Equity GMCR UW Equity GEF UN Equity GRPN UW Equity GES UN Equity HRB UN Equity HAL UN Equity HBI UN Equity THG UN Equity HOG UN Equity HAR UN Equity HRS UN Equity HSC UN Equity HIG UN Equity HAS UW Equity HTS UN Equity HE UN Equity HCA UN Equity HCC UN Equity HCP UN Equity HCN UN Equity HMA UN Equity HNT UN Equity HP UN Equity HSIC UW Equity HLF UN Equity HSY UN Equity HTZ UN Equity HES UN Equity HPQ UN Equity HRC UN Equity HSH UN Equity HNZ UN Equity HFC UN Equity HOLX UW Equity HD UN Equity HME UN Equity AWAY UW Equity HON UN Equity HRL UN Equity HSP UN Equity HPT UN Equity HST UN Equity HHC UN Equity HUB/B UN Equity HCBK UW Equity HUM UN Equity HBAN UW Equity HII UN Equity HUN UN Equity H UN Equity IACI UW Equity IEX UN Equity IDXX UW Equity IHS UN Equity ITW UN Equity ILMN UW Equity INCY UW Equity INFA UW Equity IR UN Equity IM UN Equity INGR UN Equity TEG UN Equity INTC UW Equity IBKR UW Equity ICE UN Equity IBM UN Equity IFF UN Equity IGT UN Equity IP UN Equity IPG UN Equity IPI UN Equity INTU UW Equity ISRG UW Equity IVZ UN Equity IPGP UW Equity IRM UN Equity ITC UN Equity ITRI UW Equity ITT UN Equity ESI UN Equity JBL UN Equity JKHY UW Equity JEC UN Equity JNS UN Equity JAH UN Equity JBHT UW Equity JCP UN Equity JDSU UW Equity SJM UN Equity JW/A UN Equity

Name FORTUNE BRANDS HOME & SECURI FOSSIL INC FRANKLIN RESOURCES INC FREEPORT-MCMORAN COPPER FREESCALE SEMICONDUCTOR LTD FRESH MARKET INC/THE FRONTIER COMMUNICATIONS CORP FULTON FINANCIAL CORP FUSION-IO INC GAMESTOP CORP-CLASS A GANNETT CO GAP INC/THE GARDNER DENVER INC GARMIN LTD GARTNER INC GATX CORP GENERAL CABLE CORP GENERAL DYNAMICS CORP GENERAL ELECTRIC CO GENERAL GROWTH PROPERTIES GENERAL MILLS INC GENERAL MOTORS CO GENPACT LTD GENTEX CORP GENUINE PARTS CO GENWORTH FINANCIAL INC-CL A GILEAD SCIENCES INC GLOBAL PAYMENTS INC GNC HOLDINGS INC-CL A GOLAR LNG LTD GOLDMAN SACHS GROUP INC GOODYEAR TIRE & RUBBER CO GOOGLE INC-CL A GRACO INC GRAFTECH INTERNATIONAL LTD GREAT PLAINS ENERGY INC GREEN MOUNTAIN COFFEE ROASTE GREIF INC-CL A GROUPON INC GUESS? INC H&R BLOCK INC HALLIBURTON CO HANESBRANDS INC HANOVER INSURANCE GROUP INC/ HARLEY-DAVIDSON INC HARMAN INTERNATIONAL HARRIS CORP HARSCO CORP HARTFORD FINANCIAL SVCS GRP HASBRO INC HATTERAS FINANCIAL CORP HAWAIIAN ELECTRIC INDS HCA HOLDINGS INC HCC INSURANCE HOLDINGS INC HCP INC HEALTH CARE REIT INC HEALTH MGMT ASSOCIATES INC-A HEALTH NET INC HELMERICH & PAYNE HENRY SCHEIN INC HERBALIFE LTD HERSHEY CO/THE HERTZ GLOBAL HOLDINGS INC HESS CORP HEWLETT-PACKARD CO HILL-ROM HOLDINGS INC HILLSHIRE BRANDS CO HJ HEINZ CO HOLLYFRONTIER CORP HOLOGIC INC HOME DEPOT INC HOME PROPERTIES INC HOMEAWAY INC HONEYWELL INTERNATIONAL INC HORMEL FOODS CORP HOSPIRA INC HOSPITALITY PROPERTIES TRUST HOST HOTELS & RESORTS INC HOWARD HUGHES CORP/THE HUBBELL INC -CL B HUDSON CITY BANCORP INC HUMANA INC HUNTINGTON BANCSHARES INC HUNTINGTON INGALLS INDUSTRIE HUNTSMAN CORP HYATT HOTELS CORP - CL A IAC/INTERACTIVECORP IDEX CORP IDEXX LABORATORIES INC IHS INC-CLASS A ILLINOIS TOOL WORKS ILLUMINA INC INCYTE CORP INFORMATICA CORP INGERSOLL-RAND PLC INGRAM MICRO INC-CL A INGREDION INC INTEGRYS ENERGY GROUP INC INTEL CORP INTERACTIVE BROKERS GRO-CL A INTERCONTINENTALEXCHANGE INC INTL BUSINESS MACHINES CORP INTL FLAVORS & FRAGRANCES INTL GAME TECHNOLOGY INTERNATIONAL PAPER CO INTERPUBLIC GROUP OF COS INC INTREPID POTASH INC INTUIT INC INTUITIVE SURGICAL INC INVESCO LTD IPG PHOTONICS CORP IRON MOUNTAIN INC ITC HOLDINGS CORP ITRON INC ITT CORP ITT EDUCATIONAL SERVICES INC JABIL CIRCUIT INC JACK HENRY & ASSOCIATES INC JACOBS ENGINEERING GROUP INC JANUS CAPITAL GROUP INC JARDEN CORP HUNT (JB) TRANSPRT SVCS INC J.C. PENNEY CO INC JDS UNIPHASE CORP JM SMUCKER CO/THE WILEY (JOHN) & SONS-CLASS A

GICS_SECTOR_NAME

ATM2 Ref

Industrials 42.79 Consumer Discretionary 109.24 Financials 166.10 Materials 31.57 Information Technology 16.45 Consumer Staples 45.20 Telecommunication Services 4.33 Financials 11.59 Information Technology 15.34 Consumer Discretionary 38.92 Consumer Discretionary 21.91 Consumer Discretionary 41.12 Industrials 75.19 Consumer Discretionary 35.26 Information Technology 58.28 Industrials 54.00 Industrials 33.31 Industrials 75.96 Industrials 23.05 Financials 22.74 Consumer Staples 50.54 Consumer Discretionary 31.97 Information Technology 19.40 Consumer Discretionary 25.01 Consumer Discretionary 79.15 Financials 11.02 Health Care 56.65 Information Technology 46.76 Consumer Discretionary 45.63 Energy 34.10 Financials 154.87 Consumer Discretionary 13.16 Information Technology 909.42 Industrials 62.15 Industrials 8.07 Utilities 24.20 Consumer Staples 79.04 Materials 49.84 Consumer Discretionary 7.35 Consumer Discretionary 30.05 Consumer Discretionary 28.52 Energy 43.58 Consumer Discretionary 51.33 Financials 51.03 Consumer Discretionary 58.58 Consumer Discretionary 50.35 Information Technology 49.61 Industrials 23.18 Financials 30.42 Consumer Discretionary 47.69 Financials 25.90 Utilities 27.87 Health Care 40.45 Financials 43.39 Financials 53.65 Financials 76.36 Health Care 11.01 Health Care 31.66 Energy 61.79 Health Care 95.35 Consumer Staples 45.28 Consumer Staples 89.65 Industrials 24.89 Energy 71.93 Information Technology 21.08 Health Care 37.01 Consumer Staples 36.61 Consumer Staples 72.43 Energy 48.40 Health Care 21.24 Consumer Discretionary 78.00 Financials 65.59 Consumer Discretionary 30.71 Industrials 78.86 Consumer Staples 42.89 Health Care 34.18 Financials 30.50 Financials 18.57 Financials 103.10 Industrials 98.42 Financials 8.61 Health Care 79.05 Financials 7.74 Industrials 54.41 Materials 19.18 Consumer Discretionary 41.14 Information Technology 51.51 Industrials 55.42 Health Care 88.66 Industrials 102.76 Industrials 69.64 Health Care 71.14 Health Care 24.11 Information Technology 35.13 Industrials 57.15 Information Technology 18.07 Consumer Staples 71.64 Utilities 60.88 Information Technology 24.08 Financials 15.83 Financials 176.44 Information Technology 203.13 Materials 81.32 Consumer Discretionary 18.01 Materials 48.60 Consumer Discretionary 14.88 Materials 17.50 Information Technology 59.50 Health Care 485.49 Financials 34.14 Information Technology 60.62 Industrials 39.23 Utilities 88.71 Information Technology 41.56 Industrials 30.41 Consumer Discretionary 24.51 Information Technology 19.64 Information Technology 47.96 Industrials 51.80 Financials 8.61 Consumer Discretionary 49.03 Industrials 73.58 Consumer Discretionary 19.06 Information Technology 13.28 Consumer Staples 103.86 Consumer Discretionary 39.00

Dividend Yield

Next ExDividend Date

0.23% 0.73% 3.96%

28.06.2013 11.07.2013

9.24% 2.76%

09.09.2013 05.07.2013

2.89% 3.74% 1.51% 0.13% 5.11%

29.05.2013 04.09.2013 05.07.2013 21.05.2013 10.06.2014

2.33%

13.09.2013

3.01% 3.56% 2.11% 3.01%

03.07.2013 20.06.2013 17.10.2013 10.10.2013

2.32% 2.76%

05.07.2013 11.09.2013

0.13% 1.38% 5.57% 1.29%

16.08.2013 11.09.2013 11.06.2013 30.08.2013

1.69%

18.07.2013

3.64%

28.08.2013

3.37%

19.06.2013

2.66% 2.81% 1.18% 1.56% 2.66% 1.50% 1.59% 3.16% 3.56% 1.78% 3.44% 10.81% 4.59%

03.06.2013 10.06.2013 06.06.2013 16.08.2013 06.09.2013 27.09.2013 22.08.2013 06.09.2013 15.10.2013 31.05.2013 01.08.2013 26.06.2013 15.08.2013

1.62% 4.04% 4.14%

02.07.2013 01.08.2013 02.08.2013

0.73%

15.08.2013

1.99% 1.90%

14.08.2013 23.08.2013

1.39% 2.76% 1.35% 1.69% 3.09% 3.10%

20.06.2013 10.06.2013 19.06.2013 29.08.2013 24.06.2013 12.06.2013

2.06% 3.26%

28.05.2013 14.08.2013

2.83% 1.70%

21.08.2013 24.07.2013

6.16% 2.69%

26.07.2013 28.06.2013

1.88% 0.46% 1.37% 2.59% 0.74% 2.61%

26.09.2013 07.08.2013 25.09.2013 17.09.2013 28.08.2013 13.09.2013

1.94% 1.62%

12.08.2013 17.07.2013

2.35%

30.09.2013

1.66%

13.09.2013

2.15% 4.50% 3.82% 2.53%

02.07.2013 29.05.2013 05.08.2013 30.08.2013

1.94% 1.78% 1.78% 2.67% 1.61%

06.08.2013 16.09.2013 18.06.2013 15.08.2013 05.06.2013

1.14%

08.07.2013

2.56%

22.08.2013

2.85% 1.79%

19.06.2013 04.06.2013

1.35%

28.08.2013

1.22% 1.27%

15.08.2013 05.09.2013

3.25% 0.87%

08.08.2013 01.07.2013 31.07.2013

2.19% 2.77%

07.08.2013 05.07.2013

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: IVt = atx + btx2 + ct

ATM2 ATM2 ATM2 ATM2 ATM2 ATM2 ATM2 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

30.16 28.43 19.29 30.59 43.49 41.38 26.02 21.69 60.19 45.02 35.21 31.09 3.83 22.72 19.71 22.99 32.30 18.30 15.66 16.50 13.95 23.93 21.44 21.83 15.52 37.74 29.69 19.54 26.39 28.37 21.21 30.67 18.89 21.79 38.97 17.59 44.10 26.26 59.68 39.63 35.77 26.14 22.31 41.83 22.52 24.26 19.27 24.68 26.56 19.89 14.44 21.22 27.99 36.37 15.36 12.35 39.05 32.06 29.00 13.40 47.39 14.86 30.97 31.92 40.91 22.54 22.53 2.58 37.38 29.08 18.66 12.34 37.08 14.77 20.01 29.85 15.94 20.78 20.44 29.71 19.04 24.68 18.99 21.35 46.43 23.56 28.73 19.84 16.31 21.46 15.28 42.20 40.24 33.16 21.09 20.77 18.33 13.05 19.17 15.99 18.65 15.04 15.17 28.95 25.38 22.82 27.09 24.59 26.63 20.87 33.59 21.80 19.14 26.55 17.49 75.27 29.98 16.08 23.25 28.70 21.33 21.23 61.05 36.69 17.65 52.87

30.71 31.41 19.52 31.54 43.96 38.73 28.30 21.66 60.90 41.09 39.36 30.04 4.76 22.78 20.83 22.30 35.04 19.96 17.57 16.79 15.52 25.05 22.23 23.40 16.86 39.86 29.28 20.98 28.64 29.36 22.32 31.58 22.63 22.70 38.56 15.79 43.09 25.63 57.57 37.59 34.32 26.15 22.75 34.95 24.54 23.56 20.13 23.15 26.79 20.31 14.04 21.22 29.09 37.71 14.55 12.90 39.59 31.05 29.75 13.80 49.96 16.23 32.23 30.19 37.59 21.46 22.06 2.83 37.73 29.44 18.32 13.14 36.39 16.02 20.26 29.90 16.17 21.03 19.24 25.89 19.04 26.71 19.41 21.97 44.95 23.45 28.27 18.69 16.74 21.47 15.99 40.28 40.22 35.24 22.15 20.45 18.19 13.35 20.60 16.24 19.26 17.46 16.52 29.73 25.89 23.63 27.79 23.73 30.05 22.01 34.71 23.23 18.46 28.45 18.07 73.68 28.31 16.03 23.90 28.51 21.04 23.08 56.63 38.73 16.58 41.05

31.14 33.26 20.15 31.23 44.48 37.14 29.53 21.63 60.74 39.79 39.39 29.48 4.96 24.00 21.54 21.73 36.12 20.64 18.27 17.41 15.66 25.98 22.46 24.51 17.66 41.06 30.67 21.80 29.95 29.82 22.67 32.40 22.26 23.06 38.67 15.00 45.88 25.90 58.97 36.54 33.30 26.71 23.72 29.75 25.57 24.80 20.71 23.06 27.08 20.99 13.72 21.22 29.77 39.01 14.81 13.27 40.03 31.42 30.22 14.51 50.61 16.80 32.97 30.62 36.12 21.35 22.21 2.67 37.89 29.68 18.19 13.46 36.92 16.69 20.11 29.73 16.46 21.80 19.16 21.56 19.04 27.40 19.98 22.50 43.86 23.71 28.86 19.42 17.45 21.48 16.63 38.69 40.58 36.12 22.85 20.50 18.89 13.87 20.43 16.36 19.66 17.73 17.04 30.57 26.50 24.91 28.54 23.29 30.91 22.25 35.91 24.07 18.25 29.30 18.76 71.03 27.83 15.98 24.55 28.54 21.49 23.87 57.27 39.84 16.20 34.21

31.98 36.20 21.65 31.50 45.89 35.52 29.42 20.67 58.01 40.37 36.92 29.22

35.86

36.23

33.51

34.33

28.73

27.93

54.99 41.09 35.46 28.90

53.70 40.98 35.26 29.34

26.96 22.50 21.75 35.85 20.88 18.31 18.52 15.22 28.02 21.74 26.56 18.06 42.28 30.88 22.70 31.45 30.06 22.73 34.04 21.54 23.06 40.00 15.20 49.94

29.08

29.90

21.58 20.91 20.39 15.90 29.56

22.65 21.92 23.18 16.81 30.39

44.14 30.62

45.97 32.30

23.30 35.95 21.34

24.03 36.28 22.47

44.84

44.56

63.51 36.17 31.96 27.77

64.36 35.92 31.44 28.32

64.44 36.40 31.41 29.04

22.72 26.17

26.18

27.32

21.05 27.96 22.10 14.10 19.71 30.76 28.62

28.37 22.43

29.42 22.48

30.97

32.08

13.79 41.12

16.61

18.30

30.80

31.91

32.62

49.36 16.63 34.12 30.38 34.50 23.03 23.22 1.46 37.80 30.19 19.19

43.60

42.40

33.60 31.24 35.09

34.65 30.76 35.66

23.91 1.33 38.00

23.70 1.05 37.87

21.41

22.38

17.90 18.76 28.71 17.31 23.39

20.20

21.42

27.95

27.88

24.59

25.84

19.36 26.76 21.47 23.65 41.89 24.90 30.15

26.65 24.65

27.58 27.17

39.97

40.40

30.34

30.82

19.07 31.32 43.55 36.15 25.20

19.97 30.21 42.33 36.92 25.88

22.02 17.28

22.84 17.84

17.53

18.28

33.51 28.04 28.46

33.39 28.57 29.92

23.66 30.03

24.18 29.96

24.68 18.61 29.53

24.49

24.53

65.88 29.26 16.54

63.84 30.33

63.64 31.77

23.43 52.01 42.34

24.12 52.50 42.76

22.19 18.09 34.78 41.97 35.81 23.96 21.35 14.40 21.11 16.44 20.34 17.05 17.11 32.26 27.41 27.09 30.75 23.12 30.55

29.00 24.01 54.76 40.81 29.42

-0.052 -0.282 -0.461 -0.262 -0.027 -0.241 0.000 -0.128 -0.018 -0.280 -0.098 -0.282 -0.359 -0.140 -0.065 0.146 -0.305 -0.433 -0.307 -0.157 -0.406 -0.277 0.000 -0.201 -0.199 -0.198 -0.203 -0.030 -0.302 -0.041 -0.272 -0.071 -0.331 -0.214 0.000 -0.149 -0.177 -0.406 -0.061 -0.354 -0.355 -0.311 -0.197 0.000 -0.351 -0.265 -0.145 0.000 -0.400 -0.229 -0.068 0.000 -0.246 -0.621 -0.162 -0.542 -0.140 -0.018 -0.268 -0.198 -0.126 -0.339 -0.267 -0.052 -0.171 0.000 0.072 -0.268 -0.158 -0.086 -0.306 0.000 -0.247 -0.420 -0.487 -0.217 0.000 -0.170 -0.074 -0.920 0.000 -0.247 -0.159 -0.137 -0.038 -0.106 -0.264 0.000 -0.195 -0.138 -0.341 0.238 -0.535 -0.256 -0.351 0.000 -0.160 -0.231 -0.201 0.000 -0.418 -0.348 -0.268 -0.094 -0.372 0.080 -0.061 -0.205 -0.326 -0.173 -0.124 -0.348 -0.042 -0.029 0.000 -0.060 -0.177 -0.239 -0.243 -0.056 -0.124 -0.229 -0.120 -0.303 -0.410 0.622

-0.101 -0.214 -0.453 -0.190 -0.058 -0.197 -0.076 -0.128 -0.039 -0.214 -0.095 -0.251 -0.406 -0.155 -0.145 -0.078 -0.248 -0.348 -0.234 -0.112 -0.325 -0.242 -0.014 -0.191 -0.237 -0.169 -0.172 -0.205 -0.259 -0.090 -0.253 -0.239 -0.212 -0.233 -0.089 -0.170 -0.105 -0.326 -0.062 -0.318 -0.314 -0.270 -0.278 0.020 -0.262 -0.291 -0.186 -0.203 -0.314 -0.212 -0.141 0.000 -0.235 -0.629 -0.440 -0.400 -0.194 -0.166 -0.240 -0.262 -0.173 -0.252 -0.204 -0.116 -0.161 -0.135 0.032 -0.596 -0.149 -0.137 -0.257 0.002 -0.200 -0.333 -0.359 -0.215 -0.102 -0.297 -0.232 -0.659 0.000 -0.205 -0.274 -0.198 -0.081 -0.170 -0.192 -0.147 -0.226 -0.138 -0.308 0.133 -0.347 -0.179 -0.260 -0.142 -0.171 -0.294 -0.248 -0.033 -0.338 -0.248 -0.343 -0.131 -0.309 -0.127 -0.089 -0.224 -0.261 -0.267 -0.149 -0.324 -0.043 -0.104 0.005 -0.065 -0.170 -0.238 -0.248 -0.136 -0.130 -0.265 -0.164 -0.220 -0.330 0.477

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

-0.120 -0.180 -0.414 -0.144 -0.079 -0.172 -0.133 -0.128 -0.054 -0.178 -0.107 -0.228 -0.392 -0.148 -0.177 -0.179 -0.214 -0.294 -0.198 -0.140 -0.257 -0.215 -0.026 -0.174 -0.254 -0.149 -0.133 -0.248 -0.230 -0.116 -0.231 -0.256 -0.162 -0.222 -0.132 -0.176 -0.090 -0.276 -0.052 -0.291 -0.272 -0.229 -0.272 0.008 -0.218 -0.272 -0.200 -0.290 -0.260 -0.195 -0.172 0.000 -0.222 -0.634 -0.412 -0.303 -0.188 -0.209 -0.219 -0.271 -0.190 -0.203 -0.171 -0.136 -0.166 -0.189 -0.014 -0.661 -0.141 -0.157 -0.221 -0.017 -0.179 -0.268 -0.268 -0.196 -0.141 -0.317 -0.258 -0.481 0.000 -0.179 -0.233 -0.217 -0.123 -0.201 -0.167 -0.200 -0.228 -0.139 -0.285 0.060 -0.248 -0.143 -0.207 -0.194 -0.167 -0.306 -0.184 -0.056 -0.287 -0.213 -0.345 -0.136 -0.258 -0.172 -0.105 -0.209 -0.223 -0.268 -0.144 -0.269 -0.065 -0.135 -0.036 -0.081 -0.164 -0.236 -0.234 -0.167 -0.148 -0.268 -0.162 -0.175 -0.262 0.301

-0.119 -0.144 -0.303 -0.132 -0.110 -0.155 -0.280 -0.104 -0.074 -0.146 -0.122 -0.187

-0.126 -0.107 -0.137 -0.113

-0.121 -0.031 -0.087 -0.121 -0.115 -0.161

-0.075 -0.115 -0.096 -0.142

-0.133 -0.182 -0.216 -0.167 -0.240 -0.169 -0.200 -0.172 -0.174 -0.057 -0.118 -0.216 -0.114 -0.116 -0.189 -0.178 -0.126 -0.200 -0.160 -0.111 -0.145 -0.152 -0.155 -0.117

-0.124 -0.107

-0.045 -0.227 -0.204 -0.171

-0.079 -0.173 -0.164 -0.143

-0.193 -0.124 -0.135 -0.123 -0.156

-0.177 -0.099 -0.115 -0.103 -0.127

-0.066 -0.076 -0.074 -0.071

-0.178 -0.148 -0.132 -0.115 -0.087 -0.074

-0.084 -0.079 -0.082 -0.134 -0.135 -0.122

-0.323 -0.183 -0.150 -0.127 -0.176 -0.191 -0.173 -0.153 -0.158 -0.123 -0.106 -0.148 0.000 -0.180 -0.146 -0.132 -0.560 -0.189 -0.241 -0.199 -0.068 -0.179 -0.146 -0.131 -0.190 -0.140 -0.144 -0.161 -0.118 -0.171 -0.065 -0.402 -0.117 -0.149 -0.197

-0.198 -0.167 -0.131 -0.104 -0.139 -0.124 -0.114 -0.106 -0.056 -0.069 -0.179 -0.123 -0.095 -0.091 -0.168 -0.148

-0.226 -0.181 -0.162 -0.153 -0.121 -0.124 -0.115 -0.123 -0.247 -0.182 -0.160 -0.259 -0.146 -0.123 -0.199 -0.177 -0.219 -0.155

-0.106 -0.244 -0.078 -0.175 -0.143 -0.163 -0.147 -0.238 -0.156 -0.096 -0.220 -0.184 -0.239 -0.122 -0.188 -0.120 -0.127 -0.167 -0.175

-0.122 -0.108 -0.091 -0.066 -0.134 -0.125 -0.119 -0.106

-0.183 -0.187 -0.257 -0.135 -0.147

-0.156 -0.151 -0.240 -0.112 -0.131

-0.119 -0.099 -0.090 -0.056 -0.151 -0.124 -0.101 -0.095 -0.151 -0.128 -0.122 -0.104 -0.148 -0.135 -0.131 -0.116

-0.181 -0.170 -0.142 -0.160 -0.146 -0.104 -0.083 -0.075 -0.162 -0.104 -0.099 -0.201 -0.139 -0.224 -0.155 -0.125 -0.147 -0.110 -0.120 -0.145 -0.152 -0.129 -0.242

0.000 0.006 0.014 0.012 0.002 0.009 0.000 0.001 0.007 0.007 0.014 0.010 0.006 0.006 0.000 -0.002 0.016 0.016 0.012 0.003 0.016 0.015 0.000 0.004 0.005 0.010 0.014 0.000 0.008 0.008 0.015 0.013 0.013 0.005 0.000 0.001 0.007 0.010 0.005 0.007 0.019 0.009 0.005 0.000 0.012 0.009 0.002 0.000 0.015 0.009 0.001 0.000 0.005 0.010 0.002 0.020 0.006 0.004 0.006 0.001 0.009 0.016 0.003 0.014 0.006 0.000 0.004 0.003 0.006 0.003 0.012 0.000 0.007 0.015 0.019 0.005 0.000 0.003 0.002 0.014 0.000 0.008 0.002 0.002 0.012 0.000 0.010 0.000 0.003 0.003 0.009 0.002 0.011 0.007 0.014 0.000 0.003 0.004 0.011 0.000 0.014 0.013 0.004 0.002 0.015 0.002 0.001 0.009 0.014 0.006 0.005 0.015 0.000 0.000 0.000 0.002 0.000 0.007 0.005 0.000 0.002 0.005 0.003 0.015 0.015 -0.012

0.003 0.006 0.010 0.008 0.002 0.005 0.010 0.001 0.004 0.004 0.008 0.007 0.008 0.008 0.006 0.003 0.009 0.010 0.014 0.002 0.012 0.010 0.000 0.007 0.007 0.006 0.009 0.007 0.006 0.005 0.010 0.009 0.006 0.006 0.004 0.004 0.004 0.007 0.004 0.005 0.013 0.007 0.009 0.000 0.007 0.009 0.004 0.004 0.010 0.009 0.002 0.000 0.004 0.009 0.015 0.014 0.006 0.006 0.004 0.006 0.006 0.011 0.003 0.009 0.005 0.005 0.005 0.018 0.004 0.003 0.011 0.000 0.007 0.012 0.012 0.008 0.003 0.005 0.006 0.024 0.000 0.006 0.009 0.006 0.007 0.003 0.008 0.004 0.005 0.003 0.009 0.002 0.011 0.004 0.009 0.003 0.005 0.011 0.011 0.000 0.011 0.011 0.007 0.007 0.010 0.003 0.003 0.008 0.007 0.007 0.004 0.011 0.001 0.004 0.000 0.003 0.003 0.007 0.009 0.004 0.002 0.005 0.004 0.009 0.012 -0.007

0.004 0.005 0.006 0.005 0.002 0.003 0.012 0.001 0.002 0.003 0.005 0.005 0.009 0.006 0.007 0.005 0.006 0.007 0.011 0.002 0.010 0.006 0.000 0.007 0.007 0.004 0.005 0.008 0.005 0.004 0.007 0.006 0.004 0.006 0.006 0.005 0.002 0.006 0.003 0.003 0.009 0.005 0.009 0.000 0.005 0.008 0.004 0.006 0.007 0.007 0.004 0.000 0.003 0.007 0.013 0.010 0.005 0.005 0.003 0.007 0.004 0.007 0.003 0.005 0.003 0.007 0.005 0.022 0.003 0.003 0.008 0.000 0.006 0.010 0.008 0.008 0.004 0.005 0.007 0.029 0.000 0.004 0.009 0.007 0.005 0.004 0.006 0.006 0.005 0.003 0.008 0.002 0.009 0.003 0.006 0.005 0.005 0.012 0.008 0.001 0.009 0.008 0.008 0.007 0.007 0.003 0.004 0.006 0.004 0.007 0.003 0.008 0.002 0.005 0.002 0.003 0.004 0.007 0.008 0.006 0.003 0.005 0.003 0.005 0.009 -0.004

0.004 0.002 0.002 0.003 0.002 0.001 0.007 0.001 0.000 0.001 0.004 0.002

0.001

0.000

0.001

0.001

0.003

0.003

0.000 0.001 0.002 0.002

0.000 0.001 0.001 0.001

0.002 0.005 0.006 0.002 0.004 0.006 0.004 0.006 0.003 0.001 0.004 0.005 0.002 0.002 0.003 0.003 0.003 0.004 0.002 0.002 0.003 0.004 0.006 0.001

0.001

0.001

0.002 0.003 0.003 0.004 0.002

0.002 0.002 0.001 0.002 0.001

0.000 0.001

0.001 0.001

0.003 0.002 0.002

0.002 0.001 0.001

0.000

0.000

0.001 0.002 0.005 0.002

0.001 0.001 0.003 0.002

0.001 0.001 0.002 0.001

0.008 0.003

0.002

0.001

0.003 0.004 0.006 0.000 0.001 0.006

0.000 0.002

0.000 0.002

0.001

0.001

0.005 0.002

0.004

0.003

0.002

0.001

0.001

0.003 0.004 0.002 0.003 0.002 0.005 0.003 0.012 0.001 0.002 0.005

0.002

0.001

0.001 0.002 0.002

0.001 0.001 0.001

0.001 0.005 0.001

0.001 0.004 0.001

0.003

0.002

0.006 0.004 0.002 0.005 0.004

0.003

0.002

0.004

0.002

0.002

0.001

0.001 0.004

0.001 0.002

0.002

0.001

0.002

0.001

0.003 0.000 0.000 0.001 0.001

0.002 0.000 0.000 0.001 0.001

0.003 0.003

0.002 0.002

0.003

0.002

0.001 0.001 0.002

0.001 0.001 0.001

0.002 0.001

0.001 0.001

0.005 0.006 0.002

0.002

0.002

0.001 0.003 0.006

0.002 0.001

0.002 0.001

0.005 0.001 0.000

0.003 0.001 0.000

0.004

0.020 0.002 0.005 0.005 0.002 0.003 0.003

0.002 0.005 0.001 0.005 0.001 0.003 0.003 0.006 0.005 0.004 0.005 0.004 0.006 0.003 0.003 0.003 0.002 0.003 0.002

0.006 0.003 0.002 0.002 0.016


15.05.2013

Russell 1000 Index

Ticker

Name

GICS_SECTOR_NAME

ATM3 Ref

Dividend Yield

Next ExDividend Date

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: 2 IVt = atx + btx + ct

ATM3 ATM3 ATM3 ATM3 ATM3 ATM3 ATM3 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

JNJ UN Equity

JOHNSON & JOHNSON

Health Care

87.50

3.02%

23.08.2013

12.38

12.82

12.99

13.05

13.98

15.33

-0.323 -0.259 -0.221 -0.177 -0.128 -0.103

0.018

0.011

0.008

0.006

0.004

0.002

JCI UN Equity

JOHNSON CONTROLS INC

Consumer Discretionary

36.69

2.18%

05.06.2013

18.37

20.53

21.07

21.52

23.57

24.49

-0.277 -0.307 -0.280 -0.219 -0.174 -0.149

0.008

0.011

0.009

0.004

0.002

0.001

JLL UN Equity

JONES LANG LASALLE INC

Financials

96.96

0.23%

15.11.2013

20.89

22.41

23.23

24.10

-0.292 -0.342 -0.342 -0.237

0.007

0.008

0.008

0.006

JOY UN Equity

JOY GLOBAL INC

Industrials

56.39

1.37%

04.06.2013

38.83

36.68

36.27

37.40

38.66

39.06

-0.175 -0.181 -0.173 -0.150 -0.136 -0.123

0.003

0.003

0.002

0.001

0.001

0.001

JPM UN Equity

JPMORGAN CHASE & CO

Financials

50.85

2.99%

04.10.2013

20.45

21.03

20.82

20.87

21.88

22.92

-0.362 -0.303 -0.280 -0.222 -0.184 -0.151

0.016

0.012

0.007

0.004

0.003

0.002

JNPR UN Equity

JUNIPER NETWORKS INC

Information Technology

17.04

30.85

31.49

33.18

36.06

36.88

37.78

-0.082 -0.160 -0.169 -0.116 -0.081 -0.082

0.012

0.009

0.007

0.002

0.000

0.000

KSU UN Equity

KANSAS CITY SOUTHERN

Industrials

116.35

0.76%

12.09.2013

26.72

26.96

27.26

28.06

-0.224 -0.191 -0.174 -0.166

0.003

0.003

0.003

0.003

KAR UN Equity

KAR AUCTION SERVICES INC

Industrials

23.73

3.20%

19.09.2013

35.07

26.85

25.89

0.000

0.003 -0.261

0.000

0.000

0.004

KBR UN Equity

KBR INC

Industrials

-0.227 -0.212 -0.197 -0.159

0.007

0.005

0.003

0.002

K UN Equity

KELLOGG CO

-0.208 -0.249 -0.256 -0.210 -0.114 -0.105

0.005

0.007

0.008

0.005

0.003

0.002

-0.102 -0.186 -0.205

0.000

0.004

0.005

-0.235 -0.158 -0.123 -0.126 -0.101 -0.088

32.07

1.00%

14.06.2013

26.41

27.42

28.04

28.83

Consumer Staples

65.47

2.78%

30.08.2013

11.34

12.76

13.46

13.89

KMPR UN Equity KEMPER CORP

Financials

33.71

2.97%

14.08.2013

KMT UN Equity

KENNAMETAL INC

Industrials

42.13

1.66%

09.08.2013

25.64

26.01

26.32

KEY UN Equity

KEYCORP

Financials

10.59

KRC UN Equity

KILROY REALTY CORP

Financials

KMB UN Equity

KIMBERLY-CLARK CORP

Consumer Staples

KIM UN Equity

KIMCO REALTY CORP

KMI UN Equity

KINDER MORGAN INC

KEX UN Equity KLAC UW Equity

14.63

14.90

2.08%

31.05.2013

19.60

20.30

20.93

22.31

24.73

26.42

0.008

0.008

0.008

0.005

0.003

0.002

58.25

2.49%

26.06.2013

16.83

16.78

16.74

17.08

-0.059 -0.059 -0.059 -0.188

0.000

0.000

0.000

0.004

104.54

3.17%

04.09.2013

16.34

16.07

16.44

17.25

18.35

19.87

-0.482 -0.434 -0.381 -0.282 -0.204 -0.161

0.017

0.014

0.011

0.007

0.004

0.002

Financials

24.71

3.48%

30.09.2013

14.69

15.25

15.87

0.000 -0.150 -0.203

0.000

0.003

0.005

Energy

40.08

4.29%

31.07.2013

17.10

16.69

16.73

17.79

19.69

20.45

-0.383 -0.275 -0.204 -0.151 -0.117 -0.120

0.020

0.017

0.014

0.007

0.002

0.002

KIRBY CORP

Industrials

80.10

21.99

23.25

24.01

25.02

-0.343 -0.320 -0.291 -0.205

0.006

0.006

0.005

0.004

KLA-TENCOR CORPORATION

Information Technology

55.19

2.45%

08.08.2013

25.04

26.73

27.54

27.92

27.53

28.18

-0.236 -0.225 -0.211 -0.170 -0.143 -0.126

0.011

0.006

0.004

0.002

0.002

0.001

KSS UN Equity

KOHLS CORP

Consumer Discretionary

49.45

2.91%

03.06.2013

28.04

25.35

24.37

24.30

24.41

24.78

-0.216 -0.245 -0.239 -0.184 -0.163 -0.152

0.008

0.006

0.004

0.003

0.002

0.001

KOS UN Equity

KOSMOS ENERGY LTD

Energy

11.50

45.76

42.76

40.43

0.041

0.000

0.002

0.003

KRFT UW Equity KRAFT FOODS GROUP INC

Consumer Staples

54.71

3.75%

28.06.2013

15.63

15.70

15.81

16.35

16.48

16.62

-0.295 -0.270 -0.244 -0.180 -0.141 -0.125

0.008

0.008

0.007

0.004

0.003

0.002

KR UN Equity

KROGER CO

Consumer Staples

35.14

1.92%

08.08.2013

22.88

21.32

20.98

21.31

21.26

21.50

-0.261 -0.265 -0.242 -0.180 -0.135 -0.118

0.011

0.011

0.009

0.004

0.002

0.001

KRO UN Equity

KRONOS WORLDWIDE INC

Materials

16.54

3.62%

09.09.2013

34.67

33.88

34.24

36.76

-0.140 -0.111 -0.085 -0.026

0.001

0.007

0.008

0.004

LTD UN Equity

L BRANDS INC

Consumer Discretionary

50.89

2.44%

05.06.2013

25.81

25.26

25.17

25.61

-0.319 -0.282 -0.253 -0.191 -0.154 -0.131

0.010

0.007

0.005

0.003

0.002

0.001

LLL UN Equity

L-3 COMMUNICATIONS HOLDINGS

Industrials

84.26

2.02%

16.08.2013

14.70

15.06

15.69

16.99

-0.404 -0.377 -0.323 -0.233

0.013

0.012

0.010

0.006

LH UN Equity

LABORATORY CRP OF AMER HLDGS

Health Care

95.80

15.75

17.20

18.09

19.28

-0.213 -0.218 -0.209 -0.162

0.005

0.005

0.005

0.004

LRCX UW Equity LAM RESEARCH CORP

Information Technology

47.81

23.71

24.81

25.54

26.72

27.48

28.86

-0.215 -0.214 -0.207 -0.170 -0.154 -0.131

0.006

0.006

0.005

0.003

0.001

0.001

LAMR UW Equity LAMAR ADVERTISING CO-A

Consumer Discretionary

48.38

29.38

27.11

26.60

26.92

26.22

26.21

-0.468 -0.367 -0.301 -0.246 -0.205 -0.181

0.015

0.010

0.006

0.003

0.002

0.001

LSTR UW Equity

LANDSTAR SYSTEM INC

Industrials

55.08

21.63

22.27

22.71

-0.373 -0.218 -0.122

0.014

0.003

0.000

LPI UN Equity

LAREDO PETROLEUM HOLDINGS IN

Energy

17.06

35.34

35.34

34.66

-0.306 -0.139 -0.122

0.006

0.003

0.002

LVS UN Equity

LAS VEGAS SANDS CORP

Consumer Discretionary

59.27

2.45%

18.09.2013

27.11

27.41

28.54

30.23

-0.222 -0.185 -0.162 -0.132 -0.100 -0.086

0.017

0.009

0.005

0.002

0.001

0.001

LAZ UN Equity

LAZARD LTD-CL A

Financials

34.88

2.87%

08.08.2013

22.86

24.27

25.09

26.05

-0.233 -0.269 -0.276 -0.242

0.005

0.003

0.002

0.003

LEA UN Equity

LEAR CORP

Consumer Discretionary

60.10

1.18%

05.06.2013

21.14

21.87

22.77

25.10

-0.376 -0.306 -0.261 -0.186

0.012

0.013

0.012

0.005

LM UN Equity

LEGG MASON INC

Financials

34.75

1.50%

04.10.2013

23.71

25.20

26.19

27.37

-0.265 -0.256 -0.250 -0.231

0.004

0.005

0.004

0.002

LEG UN Equity

LEGGETT & PLATT INC

Consumer Discretionary

34.00

3.50%

13.09.2013

20.17

20.03

20.22

20.92

-0.296 -0.248 -0.219 -0.188

0.005

0.007

0.007

0.005

LPS UN Equity

LENDER PROCESSING SERVICES

Information Technology

29.08

1.38%

27.08.2013

27.76

29.28

30.24

31.89

-0.327 -0.369 -0.352 -0.200

0.005

0.005

0.005

0.003

LEN UN Equity

LENNAR CORP-A

Consumer Discretionary

43.70

0.37%

05.07.2013

31.48

32.81

33.45

33.74

-0.225 -0.200 -0.182 -0.154 -0.082 -0.085

0.008

0.005

0.004

0.002

0.001

0.001

LII UN Equity

LENNOX INTERNATIONAL INC

Industrials

64.80

1.51%

26.06.2013

22.77

23.64

24.14

24.59

-0.244 -0.237 -0.228 -0.198

0.006

0.005

0.005

0.003

LUK UN Equity

LEUCADIA NATIONAL CORP

Financials

31.67

0.79%

13.09.2013

23.03

22.72

22.74

23.49

24.64

25.22

0.000 -0.107 -0.151 -0.137 -0.082 -0.037

0.000

0.004

0.005

0.003

0.002

0.001

LVLT UN Equity

LEVEL 3 COMMUNICATIONS INC

Telecommunication Services 24.00

38.50

37.61

37.27

37.77

37.60

37.35

-0.014 -0.036 -0.049 -0.052 -0.027 -0.043

0.010

0.006

0.004

0.002

0.001

0.001

LXK UN Equity

LEXMARK INTERNATIONAL INC-A

Information Technology

30.60

3.92%

28.08.2013

36.17

35.81

37.12

40.49

42.01

42.03

-0.261 -0.188 -0.162 -0.155 -0.135 -0.121

0.010

0.007

0.004

0.002

0.001

0.001

LBTYA UW Equity LIBERTY GLOBAL INC-A

Consumer Discretionary

76.49

24.25

24.10

24.26

24.81

25.42

25.91

-0.127 -0.102 -0.078 -0.059 -0.075 -0.085

0.012

0.008

0.007

0.005

0.000

0.001

LINTA UW Equity LIBERTY INTERACTIVE CORP-A

Consumer Discretionary

23.41

21.00

20.62

21.17

22.55

23.95

26.02

-0.232 -0.283 -0.259 -0.167 -0.109 -0.100

0.003

0.006

0.005

0.003

0.003

0.002

LMCA UW Equity LIBERTY MEDIA CORP - A

Consumer Discretionary

128.35

18.66

18.70

19.36

-0.100 -0.174 -0.200

0.002

0.005

0.005

LRY UN Equity

Financials

44.07

12.42

13.11

13.28

0.000 -0.123 -0.172

0.000

0.002

0.004

LVNTA UW Equity LIBERTY VENTURES - SER A

Consumer Discretionary

78.66

LIFE UW Equity

LIFE TECHNOLOGIES CORP

Health Care

73.54

LPNT UW Equity

LIFEPOINT HOSPITALS INC

Health Care

47.49

LECO UW Equity LINCOLN ELECTRIC HOLDINGS

Industrials

LNC UN Equity

LINCOLN NATIONAL CORP

0.001

0.001

LLTC UW Equity

0.001

0.001

0.004

0.003

LIBERTY PROPERTY TRUST

13.08.2013

25.76

30.42

34.23

26.11

32.21

34.86

0.039

0.004

4.31%

28.06.2013

8.23

7.20

6.62

7.35

0.000 -0.428 -0.564 -0.455

0.000

0.011

0.014

0.010

23.53

23.75

24.16

25.29

-0.076 -0.171 -0.200 -0.153

0.001

0.003

0.004

0.002

58.27

1.46%

25.09.2013

20.89

21.49

21.93

22.74

-0.072 -0.138 -0.167 -0.171

0.001

0.002

0.003

0.003

Financials

35.58

1.57%

10.07.2013

26.95

26.48

26.83

28.04

-0.414 -0.389 -0.343 -0.241 -0.166 -0.151

0.012

0.009

0.007

0.003

LINEAR TECHNOLOGY CORP

Information Technology

37.88

2.80%

14.08.2013

18.24

19.38

19.99

21.02

-0.109 -0.190 -0.210 -0.184

0.003

0.006

0.007

0.004

LNKD UN Equity

LINKEDIN CORP - A

Information Technology

191.42

33.97

32.64

39.50

41.13

-0.148 -0.114 -0.093 -0.079 -0.072 -0.064

0.010

0.007

0.003

0.001

LKQ UW Equity

LKQ CORP

Consumer Discretionary

25.24

26.59

27.32

27.96

LMT UN Equity

LOCKHEED MARTIN CORP

Industrials

102.33

4.69%

29.08.2013

14.27

14.78

15.19

16.03

L UN Equity

LOEWS CORP

Financials

45.93

0.54%

30.08.2013

13.57

13.93

14.28

15.11

LO UN Equity

LORILLARD INC

Consumer Staples

43.88

5.08%

28.08.2013

30.43

30.52

30.22

LOW UN Equity

LOWE'S COS INC

Consumer Discretionary

43.12

1.76%

22.07.2013

27.35

25.12

24.51

LPLA UW Equity

LPL FINANCIAL HOLDINGS INC

Financials

37.97

1.42%

14.08.2013

20.76

20.67

20.59

LSI UW Equity

LSI CORP

Information Technology

7.03

30.54

30.40

31.08

33.13

35.65

LYB UN Equity

LYONDELLBASELL INDU-CL A

Materials

64.77

3.40%

21.05.2013

28.32

28.56

28.92

29.93

31.07

MTB UN Equity

M & T BANK CORP

Financials

104.94

2.67%

30.05.2013

13.78

14.93

15.78

MAC UN Equity

MACERICH CO/THE

Financials

70.13

3.48%

15.08.2013

15.90

15.58

15.70

CLI UN Equity

MACK-CALI REALTY CORP

Financials

28.32

4.24%

05.07.2013

14.42

14.42

15.57

M UN Equity

MACY'S INC

Consumer Discretionary

48.38

2.07%

11.09.2013

24.65

24.04

23.94

24.48

MSG UW Equity

MADISON SQUARE GARDEN CO-A

Consumer Discretionary

61.95

21.55

21.97

22.29

22.91

MTW UN Equity

MANITOWOC COMPANY INC

Industrials

19.35

0.41%

27.11.2013

35.38

38.13

39.69

41.35

MAN UN Equity

MANPOWERGROUP INC

Industrials

56.81

1.62%

05.12.2013

26.01

27.08

28.07

30.18

MRO UN Equity

MARATHON OIL CORP

Energy

34.66

2.42%

12.08.2013

24.23

24.43

24.73

MPC UN Equity

MARATHON PETROLEUM CORP

Energy

79.92

1.86%

16.08.2013

33.15

32.40

MKL UN Equity

MARKEL CORP

Financials

MAR UN Equity

MARRIOTT INTERNATIONAL -CL A

Consumer Discretionary

43.98

1.55%

23.08.2013

18.48

MMC UN Equity

MARSH & MCLENNAN COS

Financials

40.55

2.47%

10.07.2013

MLM UN Equity

MARTIN MARIETTA MATERIALS

Materials

108.91

1.47%

31.05.2013

11.33

MRVL UW Equity MARVELL TECHNOLOGY GROUP LTD Information Technology

25.06

29.17

30.19

40.09

40.70

-0.196 -0.203 -0.200 -0.182

0.004

0.007

0.007

0.004

16.98

17.69

-0.467 -0.367 -0.308 -0.242 -0.179 -0.159

0.017

0.012

0.009

0.005

0.000 -0.092 -0.131 -0.150

0.000

0.003

0.004

0.003

27.05

24.14

23.83

-0.396 -0.287 -0.236 -0.182 -0.144 -0.128

0.017

0.009

0.004

0.003

0.002

0.001

24.93

25.67

26.64

-0.296 -0.238 -0.207 -0.179 -0.150 -0.131

0.011

0.008

0.006

0.003

0.002

0.001

-0.088 -0.126 -0.124

0.000

0.001

0.001

37.19

0.000 -0.142 -0.165 -0.138 -0.138 -0.101

0.000

0.004

0.004

0.002

0.001

0.001

31.70

-0.266 -0.251 -0.232 -0.177 -0.153 -0.133

0.008

0.006

0.004

0.003

0.000

0.000

-0.280 -0.256 -0.244

0.008

0.008

0.007

-0.095 -0.256 -0.306 -0.190

0.002

0.008

0.009

0.000

0.002

0.001

0.001

0.001

16.72 25.36

26.01

0.000 -0.067

0.005

0.000

0.000

0.001

-0.306 -0.259 -0.235 -0.206 -0.167 -0.145

0.012

0.009

0.006

0.003

-0.126 -0.161 -0.169 -0.145

0.006

0.006

0.005

0.003

-0.329 -0.253 -0.213 -0.179 -0.166 -0.143

0.012

0.006

0.004

0.002

41.98

43.25

-0.364 -0.334 -0.307 -0.208

0.014

0.010

0.008

0.003

25.32

26.09

26.77

-0.382 -0.297 -0.243 -0.182 -0.144 -0.127

0.014

0.010

0.007

0.003

0.002

0.001

32.62

33.91

35.57

36.67

-0.214 -0.185 -0.171 -0.137 -0.087 -0.084

0.007

0.005

0.005

0.003

0.000

0.000

19.96

21.00

22.27

23.63

24.87

-0.314 -0.351 -0.305 -0.201 -0.168 -0.150

0.008

0.009

0.008

0.004

0.002

0.001

14.03

13.44

13.75

15.22

-0.133 -0.226 -0.255 -0.234

0.001

0.003

0.005

0.005

23.70

23.85

24.35

-0.438 -0.351 -0.297

0.012

0.008

0.006

530.71

2.12%

11.06.2013

45.98

43.47

42.21

41.63

38.44

39.05

-0.331 -0.304 -0.273 -0.152 -0.070 -0.072

0.010

0.008

0.006

0.003

0.001

0.001

22.29

1.37%

03.07.2013

32.52

32.98

34.02

35.86

36.24

36.31

-0.296 -0.289 -0.261 -0.202 -0.159 -0.145

0.002

0.004

0.004

0.001

0.001

0.001

572.57

0.42%

10.07.2013

17.08

17.06

17.85

19.94

21.78

22.79

-0.413 -0.337 -0.284 -0.218 -0.162 -0.134

0.013

0.009

0.006

0.004

0.002

0.001

Industrials

26.06

2.30%

30.07.2013

27.33

27.75

28.02

28.37

0.000 -0.118 -0.172 -0.200

0.000

0.005

0.006

0.004

MATTEL INC

Consumer Discretionary

46.71

3.17%

26.08.2013

15.64

18.92

19.79

19.69

-0.228 -0.244 -0.226 -0.172 -0.131 -0.112

0.006

0.006

0.006

0.004

0.002

0.002

MXIM UW Equity

MAXIM INTEGRATED PRODUCTS

Information Technology

31.39

3.15%

26.08.2013

22.75

23.50

24.04

24.45

-0.207 -0.239 -0.239 -0.158

0.004

0.005

0.004

0.003

MBI UN Equity

MBIA INC

Financials

15.70

45.45

45.61

45.89

47.04

-0.190 -0.145 -0.124 -0.122 -0.141 -0.110

0.013

0.008

0.005

0.003

0.001

0.001

MKC UN Equity

MCCORMICK & CO-NON VTG SHRS

Consumer Staples

74.64

13.26

14.50

15.27

16.35

MDR UN Equity

MCDERMOTT INTL INC

Energy

9.01

33.58

36.58

38.17

MCD UN Equity

MCDONALD'S CORP

Consumer Discretionary

MHFI UN Equity

MCGRAW HILL FINANCIAL INC

Financials

MCK UN Equity

MCKESSON CORP

Health Care

MDU UN Equity

MDU RESOURCES GROUP INC

MJN UN Equity MWV UN Equity

MAS UN Equity

MASCO CORP

Industrials

MA UN Equity

MASTERCARD INC-CLASS A

Information Technology

MATX UN Equity

MATSON INC

MAT UW Equity

1.93%

02.07.2013

20.41

21.74

45.18

45.15

-0.591 -0.387 -0.263 -0.148

0.023

0.018

0.014

0.006

39.44

40.82

41.50

0.206 -0.047 -0.153 -0.127 -0.092 -0.075

0.015

0.010

0.007

0.004

0.000

0.000

101.77

3.22%

30.05.2013

12.99

12.72

13.20

14.15

14.81

15.56

-0.320 -0.254 -0.201 -0.147 -0.109 -0.105

0.016

0.014

0.011

0.007

0.004

0.002

55.70

2.04%

23.08.2013

21.18

23.95

25.19

25.46

24.18

23.27

-0.399 -0.288 -0.226 -0.157 -0.127 -0.108

0.013

0.008

0.005

0.002

0.001

0.001

115.80

0.83%

30.05.2013

16.20

17.76

18.49

18.63

19.26

20.36

-0.390 -0.316 -0.275 -0.219 -0.200 -0.172

0.013

0.011

0.009

0.005

0.003

0.002

Utilities

26.77

2.63%

04.06.2013

50.40

50.41

50.41

0.773

-0.022 -0.025 -0.026

MEAD JOHNSON NUTRITION CO

Consumer Staples

80.54

1.74%

27.06.2013

22.07

24.62

25.42

24.34

0.000

0.000

MEADWESTVACO CORP

2.96%

30.07.2013

26.22

25.21

24.52

23.43

50.68

54.34

56.25

57.84

0.001

0.001

24.53

24.79

51.76

50.31

0.629

0.544

-0.300 -0.173 -0.118 -0.146 -0.065 -0.078

0.013

0.007

0.004

0.005

-0.317 -0.242 -0.195 -0.164

0.022

0.014

0.009

0.004

-0.338 -0.275 -0.238 -0.193 -0.196 -0.151

0.006

0.003

0.002

0.001

Materials

35.86

MDVN UW Equity MEDIVATION INC

Health Care

51.86

MD UN Equity

MEDNAX INC

Health Care

91.03

20.24

21.66

22.60

24.09

-0.350 -0.306 -0.277 -0.238

0.009

0.006

0.004

0.003

MDT UN Equity

MEDTRONIC INC

Health Care

49.86

2.25%

03.07.2013

18.19

17.21

16.89

17.71

18.81

19.45

-0.335 -0.232 -0.173 -0.168 -0.152 -0.140

0.015

0.013

0.011

0.006

0.003

0.002

MRK UN Equity

MERCK & CO. INC.

Health Care

46.74

3.77%

14.06.2013

15.76

15.90

16.29

17.08

18.46

19.91

-0.378 -0.272 -0.215 -0.167 -0.128 -0.112

0.015

0.010

0.007

0.005

0.003

0.002

MCY UN Equity

MERCURY GENERAL CORP

Financials

45.95

5.34%

13.09.2013

17.08

18.18

18.81

19.26

0.000 -0.181 -0.219 -0.151

0.000

0.010

0.012

0.007

MET UN Equity

METLIFE INC

Financials

42.57

2.58%

06.08.2013

23.75

23.69

24.17

24.94

-0.377 -0.342 -0.278 -0.196 -0.155 -0.137

0.010

0.008

0.006

0.003

0.002

0.001

MTD UN Equity

METTLER-TOLEDO INTERNATIONAL

Health Care

21.09

21.47

21.52

-0.163 -0.147 -0.143

0.001

0.000

0.000

MFA UN Equity

MFA FINANCIAL INC

Financials

9.12

9.65%

10.07.2013

15.60

17.18

16.75

0.000 -0.153 -0.159

0.000

0.002

0.002

MGM UN Equity

MGM RESORTS INTERNATIONAL

Consumer Discretionary

15.80

32.28

32.20

33.32

35.14

35.24

35.97

-0.214 -0.168 -0.143 -0.111 -0.082 -0.077

0.016

0.009

0.005

0.002

0.001

0.001

KORS UN Equity

MICHAEL KORS HOLDINGS LTD

47.26

44.94

43.44

41.54

41.20

41.17

-0.240 -0.196 -0.170 -0.149 -0.120 -0.105

0.005

0.004

0.003

0.001

0.001

0.001

3.76%

20.08.2013

18.83

19.56

20.31

22.01

-0.225 -0.283 -0.267 -0.203

0.006

0.007

0.006

0.002

41.62

41.27

41.64

42.79

-0.201 -0.227 -0.217 -0.174 -0.159 -0.159

0.007

0.005

0.003

0.002

0.001

0.001

-0.210 -0.236 -0.239 -0.194

0.003

0.007

0.007

0.004

-0.392 -0.240 -0.196 -0.143 -0.115 -0.089

0.014

0.008

0.007

0.005

0.003

0.002

227.81

26.45

27.67

Consumer Discretionary

61.24

MCHP UW Equity MICROCHIP TECHNOLOGY INC

Information Technology

37.73

MU UW Equity

Information Technology

10.86

MCRS UW Equity MICROS SYSTEMS INC

Information Technology

43.39

23.51

24.09

24.58

25.75

MSFT UW Equity MICROSOFT CORP

Information Technology

33.72

3.00%

14.08.2013

19.58

20.21

19.83

19.70

MAA UN Equity

MID-AMERICA APARTMENT COMM

Financials

72.94

3.88%

11.07.2013

11.91

12.14

12.29

12.45

-0.059 -0.100 -0.109 -0.057

0.000

0.002

0.003

0.001

MHK UN Equity

MOHAWK INDUSTRIES INC

Consumer Discretionary

119.40

26.44

27.94

28.63

28.99

-0.206 -0.196 -0.184 -0.150

0.005

0.004

0.003

0.002

MOLX UW Equity MOLEX INC

Information Technology

29.46

3.26%

25.09.2013

19.95

22.04

22.71

22.54

0.000 -0.120 -0.158 -0.135

0.000

0.003

0.004

0.005

TAP UN Equity

MOLSON COORS BREWING CO -B

Consumer Staples

51.01

2.82%

06.06.2013

29.09

29.52

28.68

26.57

25.76

25.79

-0.173 -0.146 -0.131 -0.122 -0.114 -0.094

0.012

0.007

0.005

0.003

0.001

0.001

MCP UN Equity

MOLYCORP INC

Materials

7.01

76.78

77.48

77.50

76.04

75.99

74.66

0.052 -0.078 -0.135 -0.130 -0.073 -0.082

0.008

0.005

0.004

0.002

0.001

0.001

MDLZ UW Equity MONDELEZ INTERNATIONAL INC-A

Consumer Staples

31.39

1.66%

28.06.2013

25.40

22.76

21.21

20.42

18.97

20.84

-0.577 -0.448 -0.349 -0.202 -0.070 -0.048

0.023

0.016

0.012

0.005

0.004

0.002

MON UN Equity

Materials

108.67

1.50%

03.07.2013

18.72

20.51

21.11

21.61

23.25

24.60

-0.408 -0.277 -0.224 -0.189 -0.155 -0.131

0.015

0.012

0.009

0.004

0.002

0.001

34.20

34.56

35.03

36.51

37.15

37.20

-0.309 -0.292 -0.274 -0.225 -0.167 -0.143

0.016

0.010

0.006

0.003

0.001

0.001

MICRON TECHNOLOGY INC

MONSANTO CO

43.04

42.70

20.75

22.01

MNST UW Equity MONSTER BEVERAGE CORP

Consumer Staples

56.71

MCO UN Equity

MOODY'S CORP

Financials

67.38

1.25%

22.08.2013

27.17

28.81

29.47

29.68

28.29

28.67

-0.362 -0.311 -0.270 -0.200 -0.172 -0.143

0.010

0.007

0.005

0.003

0.002

0.001

MS UN Equity

MORGAN STANLEY

Financials

24.45

0.94%

29.07.2013

28.94

30.04

30.08

29.30

29.49

30.65

-0.389 -0.326 -0.283 -0.224 -0.162 -0.128

0.009

0.005

0.003

0.002

0.001

0.001

MORN UW Equity MORNINGSTAR INC

Consumer Discretionary

70.40

0.75%

09.10.2013

17.53

18.03

18.39

18.94

-0.088 -0.211 -0.252 -0.170

0.001

0.005

0.006

0.002

MOS UN Equity

MOSAIC CO/THE

Materials

61.31

2.06%

30.07.2013

26.85

27.24

27.56

28.32

28.15

27.63

-0.122 -0.131 -0.136 -0.134 -0.141 -0.133

0.018

0.010

0.006

0.002

0.002

0.001

MSI UN Equity

MOTOROLA SOLUTIONS INC

Information Technology

56.99

1.98%

13.09.2013

18.49

18.61

19.33

20.97

21.93

22.21

-0.168 -0.223 -0.211 -0.166 -0.149 -0.134

0.006

0.013

0.012

0.004

0.002

0.001

MRC UN Equity

MRC GLOBAL INC

Industrials

32.32

27.27

26.52

26.24

26.60

-0.080 -0.183 -0.220 -0.182

0.000

0.004

0.006

0.005

MSM UN Equity

MSC INDUSTRIAL DIRECT CO-A

Industrials

83.48

20.01

21.59

22.56

23.89

-0.153 -0.334 -0.384 -0.298

0.001

0.008

0.010

0.008

MSCI UN Equity

MSCI INC

Financials

34.37

21.88

23.31

24.02

24.67

-0.141 -0.223 -0.250 -0.209

0.003

0.004

0.005

0.004

MUR UN Equity

MURPHY OIL CORP

Energy

63.57

21.44

22.38

23.01

24.14

25.10

25.28

-0.191 -0.249 -0.236 -0.183 -0.163 -0.158

0.005

0.007

0.006

0.003

0.002

0.001

MYL UW Equity

MYLAN INC

Health Care

30.03

23.79

23.59

23.61

23.79

24.35

25.15

-0.073 -0.139 -0.156 -0.144 -0.111 -0.096

0.004

0.008

0.007

0.003

0.002

0.001

MYGN UW Equity MYRIAD GENETICS INC

Health Care

33.73

53.44

63.31

57.92

48.12

-0.346 -0.394 -0.310 -0.219

0.005

0.003

0.001

0.000

NBR UN Equity NABORS INDUSTRIES LTD NDAQ UW Equity NASDAQ OMX GROUP/THE

Energy Financials

15.75 30.98

37.25 25.51

38.09 25.31

38.63 25.22

39.43 25.25

-0.120 -0.103 -0.096 -0.101 -0.097 -0.081 -0.150 -0.121 -0.108 -0.108

0.003 0.008

0.003 0.006

0.002 0.004

0.002 0.003

0.001

0.001

1.51%

10.07.2013

1.47%

16.08.2013

1.02% 1.68%

09.09.2013 11.09.2013

40.56

42.25

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |


Russell 1000 Index

15.05.2013

Ticker

Name

NFG UN Equity NATI UW Equity NOV UN Equity NNN UN Equity NAV UN Equity NCR UN Equity NTAP UW Equity NFLX UW Equity N UN Equity NSR UN Equity NYCB UN Equity NWL UN Equity NFX UN Equity NEU UN Equity NEM UN Equity NWSA UW Equity NEE UN Equity NLSN UN Equity NIHD UW Equity NKE UN Equity NI UN Equity NBL UN Equity NDSN UW Equity JWN UN Equity NSC UN Equity NU UN Equity NTRS UW Equity NOC UN Equity NCLH UW Equity NRG UN Equity NUS UN Equity NUAN UW Equity NUE UN Equity NVE UN Equity NVDA UW Equity NVR UN Equity NYX UN Equity ORLY UW Equity OXY UN Equity OII UN Equity OGE UN Equity OIS UN Equity ORI UN Equity OCR UN Equity OMC UN Equity ONNN UW Equity OKE UN Equity ONXX UW Equity ORCL UW Equity OSK UN Equity OC UN Equity OI UN Equity PCAR UW Equity PKG UN Equity PLL UN Equity PANW UN Equity P UN Equity PNRA UW Equity PH UN Equity PRE UN Equity PDCO UW Equity PTEN UW Equity PAYX UW Equity PBF UN Equity BTU UN Equity PENN UW Equity PNR UN Equity PBCT UW Equity POM UN Equity PEP UN Equity PKI UN Equity PRGO UW Equity PETM UW Equity PFE UN Equity PCG UN Equity PM UN Equity PSX UN Equity PDM UN Equity PNW UN Equity PXD UN Equity PBI UN Equity PXP UN Equity PCL UN Equity PMCS UW Equity PNC UN Equity PII UN Equity PLCM UW Equity PPO UN Equity BPOP UW Equity PPS UN Equity PPG UN Equity PPL UN Equity PX UN Equity PCP UN Equity PCLN UW Equity PFG UN Equity PRA UN Equity PG UN Equity PGR UN Equity PLD UN Equity PL UN Equity PRU UN Equity PEG UN Equity PSA UN Equity PHM UN Equity PVH UN Equity QEP UN Equity QGEN UW Equity QCOM UW Equity PWR UN Equity DGX UN Equity STR UN Equity RAX UN Equity RL UN Equity RRC UN Equity RJF UN Equity RYN UN Equity RTN UN Equity RLGY UN Equity O UN Equity RHT UN Equity RGC UN Equity RBC UN Equity REG UN Equity REGN UW Equity RF UN Equity

NATIONAL FUEL GAS CO NATIONAL INSTRUMENTS CORP NATIONAL OILWELL VARCO INC NATIONAL RETAIL PROPERTIES NAVISTAR INTERNATIONAL CORP NCR CORPORATION NETAPP INC NETFLIX INC NETSUITE INC NEUSTAR INC-CLASS A NEW YORK COMMUNITY BANCORP NEWELL RUBBERMAID INC NEWFIELD EXPLORATION CO NEWMARKET CORP NEWMONT MINING CORP NEWS CORP-CL A NEXTERA ENERGY INC NIELSEN HOLDINGS NV NII HOLDINGS INC NIKE INC -CL B NISOURCE INC NOBLE ENERGY INC NORDSON CORP NORDSTROM INC NORFOLK SOUTHERN CORP NORTHEAST UTILITIES NORTHERN TRUST CORP NORTHROP GRUMMAN CORP NORWEGIAN CRUISE LINE HOLDIN NRG ENERGY INC NU SKIN ENTERPRISES INC - A NUANCE COMMUNICATIONS INC NUCOR CORP NV ENERGY INC NVIDIA CORP NVR INC NYSE EURONEXT O'REILLY AUTOMOTIVE INC OCCIDENTAL PETROLEUM CORP OCEANEERING INTL INC OGE ENERGY CORP OIL STATES INTERNATIONAL INC OLD REPUBLIC INTL CORP OMNICARE INC OMNICOM GROUP ON SEMICONDUCTOR CORPORATION ONEOK INC ONYX PHARMACEUTICALS INC ORACLE CORP OSHKOSH CORP OWENS CORNING OWENS-ILLINOIS INC PACCAR INC PACKAGING CORP OF AMERICA PALL CORP PALO ALTO NETWORKS INC PANDORA MEDIA INC PANERA BREAD COMPANY-CLASS A PARKER HANNIFIN CORP PARTNERRE LTD PATTERSON COS INC PATTERSON-UTI ENERGY INC PAYCHEX INC PBF ENERGY INC PEABODY ENERGY CORP PENN NATIONAL GAMING INC PENTAIR LTD-REGISTERED PEOPLE'S UNITED FINANCIAL PEPCO HOLDINGS INC PEPSICO INC PERKINELMER INC PERRIGO CO PETSMART INC PFIZER INC P G & E CORP PHILIP MORRIS INTERNATIONAL PHILLIPS 66 PIEDMONT OFFICE REALTY TRU-A PINNACLE WEST CAPITAL PIONEER NATURAL RESOURCES CO PITNEY BOWES INC PLAINS EXPLORATION & PRODUCT PLUM CREEK TIMBER CO PMC - SIERRA INC PNC FINANCIAL SERVICES GROUP POLARIS INDUSTRIES INC POLYCOM INC POLYPORE INTERNATIONAL INC POPULAR INC POST PROPERTIES INC PPG INDUSTRIES INC PPL CORPORATION PRAXAIR INC PRECISION CASTPARTS CORP PRICELINE.COM INC PRINCIPAL FINANCIAL GROUP PROASSURANCE CORP PROCTER & GAMBLE CO/THE PROGRESSIVE CORP PROLOGIS INC PROTECTIVE LIFE CORP PRUDENTIAL FINANCIAL INC PUBLIC SERVICE ENTERPRISE GP PUBLIC STORAGE PULTEGROUP INC PVH CORP QEP RESOURCES INC QIAGEN N.V. QUALCOMM INC QUANTA SERVICES INC QUEST DIAGNOSTICS INC QUESTAR CORP RACKSPACE HOSTING INC RALPH LAUREN CORP RANGE RESOURCES CORP RAYMOND JAMES FINANCIAL INC RAYONIER INC RAYTHEON COMPANY REALOGY HOLDINGS CORP REALTY INCOME CORP RED HAT INC REGAL ENTERTAINMENT GROUP-A REGAL-BELOIT CORP REGENCY CENTERS CORP REGENERON PHARMACEUTICALS REGIONS FINANCIAL CORP

GICS_SECTOR_NAME

ATM3 Ref

Utilities 63.42 Information Technology 28.61 Energy 67.10 Financials 41.45 Industrials 36.06 Information Technology 30.73 Information Technology 35.96 Consumer Discretionary 244.10 Information Technology 94.74 Information Technology 47.92 Financials 13.46 Consumer Discretionary 28.04 Energy 23.46 Materials 270.10 Materials 31.73 Consumer Discretionary 33.20 Utilities 80.69 Industrials 34.85 Telecommunication Services 7.46 Consumer Discretionary 65.83 Utilities 29.73 Energy 117.05 Industrials 73.48 Consumer Discretionary 61.38 Industrials 80.07 Utilities 44.41 Financials 56.75 Industrials 78.91 Consumer Discretionary 30.92 Utilities 27.73 Consumer Staples 61.99 Information Technology 18.58 Materials 45.05 Utilities 20.76 Information Technology 14.74 Consumer Discretionary 1003.26 Financials 41.12 Consumer Discretionary 111.68 Energy 90.25 Energy 73.49 Utilities 71.56 Energy 100.60 Financials 14.39 Health Care 45.27 Consumer Discretionary 63.59 Information Technology 8.14 Utilities 49.13 Health Care 99.03 Information Technology 34.04 Industrials 39.35 Industrials 44.91 Materials 28.72 Industrials 53.01 Materials 50.49 Industrials 69.92 Information Technology 52.25 Consumer Discretionary 16.97 Consumer Discretionary 185.11 Industrials 96.77 Financials 93.24 Health Care 38.73 Energy 22.27 Information Technology 38.26 Energy 30.84 Energy 19.96 Consumer Discretionary 58.03 Industrials 57.35 Financials 13.78 Utilities 21.97 Consumer Staples 83.80 Health Care 32.50 Health Care 120.66 Consumer Discretionary 69.37 Health Care 29.32 Utilities 47.11 Consumer Staples 95.58 Energy 64.86 Financials 20.70 Utilities 59.89 Energy 137.91 Industrials 14.84 Energy 44.27 Financials 52.70 Information Technology 6.03 Financials 70.31 Consumer Discretionary 90.25 Information Technology 11.05 Industrials 40.03 Financials 30.23 Financials 49.93 Materials 156.71 Utilities 31.90 Materials 114.15 Industrials 210.84 Consumer Discretionary 805.74 Financials 37.89 Financials 51.21 Consumer Staples 80.60 Financials 26.12 Financials 43.52 Financials 39.07 Financials 66.81 Utilities 34.64 Financials 165.71 Consumer Discretionary 24.22 Consumer Discretionary 119.32 Energy 29.11 Health Care 18.89 Information Technology 65.30 Industrials 29.56 Health Care 59.55 Utilities 25.52 Information Technology 42.03 Consumer Discretionary 186.08 Energy 75.35 Financials 44.22 Financials 60.14 Industrials 65.08 Financials 52.27 Financials 53.74 Information Technology 53.83 Consumer Discretionary 18.75 Industrials 68.30 Financials 58.35 Health Care 278.09 Financials 9.03

Dividend Yield

Next ExDividend Date

2.36% 2.10% 0.80% 3.91%

28.06.2013 15.08.2013 12.06.2013 31.07.2013

7.43% 2.14%

07.08.2013 30.08.2013

1.37% 5.36% 0.60% 3.36% 1.84%

13.09.2013 06.09.2013 09.09.2013 29.05.2013 17.09.2013

1.37% 3.36% 0.96% 0.94% 2.00% 2.87% 3.37% 2.18% 3.09%

05.09.2013 30.10.2013 08.08.2013 30.08.2013 04.09.2013 07.08.2013 28.08.2013 09.09.2013 29.08.2013

1.75% 1.97%

31.07.2013 21.08.2013

3.27% 3.85% 2.04%

28.06.2013 06.09.2013 21.08.2013

2.92%

13.09.2013

2.89% 1.20% 2.40%

10.09.2013 28.08.2013 10.07.2013

5.02% 1.24% 2.59%

04.09.2013 07.06.2013 14.06.2013

3.30%

07.08.2013

0.62%

07.10.2013

1.28% 2.67% 1.52%

16.08.2013 17.09.2013 31.07.2013

2.05% 2.77% 1.70% 0.99% 3.53% 0.97% 1.93%

20.08.2013 21.08.2013 05.07.2013 13.09.2013 01.08.2013

1.85% 4.74% 4.92% 2.71% 0.86% 0.31% 1.12% 3.41% 3.90% 3.84% 2.49% 3.86% 3.74% 0.14% 10.11%

24.07.2013 31.07.2013 12.09.2013 04.09.2013 24.07.2013 28.08.2013 31.07.2013 07.08.2013 28.06.2013 25.06.2013 11.07.2013 30.08.2013 01.08.2013 26.09.2013 07.08.2013

3.38%

14.08.2013

2.59% 1.92%

12.07.2013 28.08.2013

2.20% 1.58% 4.65% 2.15% 0.07%

28.06.2013 09.08.2013 09.09.2013 05.09.2013 05.06.2013

2.51% 2.00% 3.06% 1.63% 2.57% 2.05% 2.43% 4.17% 3.11%

05.09.2013 27.06.2013 17.07.2013 21.01.2014 13.09.2013 14.08.2013 23.08.2013 04.09.2013 09.09.2013

0.16% 0.27%

23.05.2013 29.05.2013

2.14%

04.09.2013

2.12% 2.82%

28.06.2013 14.08.2013

0.97% 0.24% 1.36% 3.13% 3.44%

26.06.2013 14.06.2013 02.07.2013 14.06.2013 05.07.2013

4.06%

26.06.2013

4.48% 1.17% 3.96%

10.09.2013 02.10.2013 12.08.2013

1.33%

18.09.2013

30.07.2013

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: IVt = atx + btx2 + ct

ATM3 ATM3 ATM3 ATM3 ATM3 ATM3 ATM3 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

18.89 24.40 24.07 16.96 54.48 24.28 39.15 40.31 24.25 24.01 15.30 18.89 34.40 19.72 31.89 22.17 12.32 16.67 81.66 18.25 15.60 24.61 29.20 22.05 18.05 13.04 14.84 14.66 35.75 21.79 31.25 35.95 21.45 18.57 24.05

18.91 24.33 25.05 15.14 50.92 27.13 35.03 41.09 24.67 24.58 15.00 20.10 36.50 22.95 31.95 23.32 12.28 20.55 80.57 22.36 15.23 24.76 28.06 20.68 19.01 13.49 16.24 15.91 36.63 23.34 33.39 37.64 22.39 18.59 24.48

19.42 24.66 25.75 14.27 49.59 28.16 33.10 45.58 26.24 25.61 15.19 20.90 37.68 24.54 32.14 24.36 12.44 21.96 79.68 22.92 15.33 24.87 27.45 20.74 19.65 13.64 17.05 16.71 36.92 24.12 34.33 38.59 22.52 18.20 26.36

13.32 17.82 23.17 24.02 11.90 33.21 20.37 18.84 16.35 32.71 20.14 33.69 20.44 32.10 23.10 27.18 20.17 19.31 20.00 46.83 72.24 20.04 19.77 15.80 22.11 32.56 13.44 41.93 39.06 19.48 21.65 14.32 13.05 13.15 28.22 15.97 28.26 16.19 15.53 13.97 32.67 14.23 10.70 30.06 31.50 27.81 14.15 30.79 15.92 25.57 38.30 40.13 22.14 16.10 20.37 13.23 14.62 18.28 21.76 18.93 41.67 13.60 16.23 16.32 22.66 23.15 13.41 13.11 36.58 27.24 35.28 27.54 17.22 25.66 18.44 16.86 38.60 28.62 29.39 22.36 14.43 14.00 29.80 15.43 31.10 24.29 22.45 14.60 38.88 20.19

13.11 20.60 24.74 24.43 13.69 32.88 20.09 20.73 17.43 34.55 20.48 34.45 21.38 32.21 24.78 29.06 22.10 21.53 20.51 43.18 67.41 23.62 21.58 16.54 20.82 33.85 14.22 42.83 39.86 20.31 22.91 14.27 12.79 13.18 28.39 16.92 24.72 16.28 14.51 15.19 34.21 14.23 12.57 30.44 31.33 26.22 15.53 33.69 17.00 27.40 39.59 40.62 24.54 17.19 21.29 12.55 15.02 18.99 22.28 18.47 32.30 13.27 16.80 16.91 21.06 23.57 13.58 13.86 36.49 26.92 33.11 28.35 18.58 27.14 19.84 16.88 41.61 25.56 30.61 22.95 14.97 14.68 29.72 15.17 30.05 22.50 24.92 14.76 40.21 22.04

13.19 21.80 25.50 24.99 14.64 32.66 20.08 21.92 17.85 35.39 20.80 35.20 21.46 32.84 25.66 29.88 22.97 22.23 20.71 41.25 64.14 25.19 22.55 16.91 20.38 34.60 14.75 43.48 40.40 21.12 23.67 14.22 13.12 13.49 28.51 17.83 23.33 17.20 14.04 15.87 34.75 14.23 13.50 30.76 32.34 24.84 16.14 35.21 17.66 28.40 41.76 41.37 25.74 17.79 21.84 12.45 15.75 19.69 24.13 19.10 25.62 13.52 17.19 17.59 21.68 23.95 13.73 14.48 37.31 26.80 31.81 28.18 19.67 27.88 20.42 17.37 42.99 24.70 31.22 23.40 15.62 14.99 29.78 15.14 29.68 22.32 26.01 15.22 39.86 23.03

26.11 26.82 14.32 48.47 31.65 49.49

15.92 21.99 38.98 25.60 32.86 25.16 13.14 21.56 77.87 22.17 25.07 27.10 22.08 20.68 17.73 17.34 36.42 24.55 34.11 38.69 22.62 16.53 29.12 14.28 22.12 25.73

28.42

29.31

46.57

46.12

30.15 45.98

30.27 44.99

40.23

41.15

33.15 25.40 13.93

33.98 27.00 14.73

71.82 23.40

71.63 24.98

25.60

26.19

23.11 22.07

23.79 23.00

23.86 35.58 37.23 24.07

24.71 35.08 37.00 25.05

29.30

30.03

14.61 22.31 26.41

14.21 23.53 27.26

15.65 32.29 23.47

25.19

26.99

36.47 37.09 21.74 33.72 26.32 30.11 23.70 20.59 40.42 60.07 25.83 23.35 17.34 35.26 15.74 45.20 41.26 24.67 14.56 14.37 14.04 28.72 20.01 23.34 17.55 14.08 16.64 34.30 14.49

38.72 22.94

38.92 24.45

28.63

30.09

24.75

26.18

50.65 26.25

53.00 27.17

36.24 16.16

37.45 16.65

42.54

43.34

14.65

15.54

23.74 18.87

24.29 20.50

17.63 34.38

18.66 34.82

31.47 34.36 22.70 16.38 36.89 18.83 29.20

32.63 34.52 22.88 17.34

32.73 34.44 21.30 18.02

20.27 30.81

21.14 31.49

43.72 27.00 18.37 22.65 12.79

44.20

45.95

23.57 13.45

23.96 13.49

29.78

30.41

21.26 27.98 19.94 14.13 17.72 19.09

14.49

15.51

24.71 14.46 15.57 38.83 26.88 30.41 26.02 21.39 28.31 20.45

27.15

27.97

38.81

39.03

23.33

24.52

43.27 25.43 31.42 24.26 16.53 15.33 30.19 15.55 30.54

42.57 25.77 31.65

42.48 25.96 30.49

15.89

16.39

29.69

30.94

26.44 38.64 23.76

38.69 26.60

38.59 28.67

-0.217 0.000 -0.329 0.083 -0.353 -0.118 -0.215 -0.104 -0.231 -0.085 -0.115 -0.252 -0.311 -0.212 -0.165 -0.204 -0.218 0.000 -0.229 -0.349 -0.120 -0.335 -0.153 -0.316 -0.373 0.000 -0.061 -0.281 0.000 -0.304 -0.256 -0.046 -0.464 0.000 -0.126

-0.169 -0.167 -0.239 -0.116 -0.377 -0.177 -0.196 -0.152 -0.283 -0.252 -0.029 -0.224 -0.253 -0.191 -0.134 -0.187 -0.244 -0.106 -0.172 -0.250 -0.227 -0.277 -0.128 -0.300 -0.308 -0.118 -0.240 -0.280 -0.088 -0.266 -0.247 0.030 -0.317 0.010 -0.009

-0.165 -0.223 -0.191 -0.199 -0.362 -0.183 -0.189 -0.157 -0.279 -0.295 -0.016 -0.205 -0.215 -0.181 -0.121 -0.176 -0.250 -0.138 -0.140 -0.217 -0.267 -0.238 -0.120 -0.265 -0.265 -0.159 -0.261 -0.271 -0.130 -0.240 -0.242 0.010 -0.239 0.002 -0.005

-0.183 -0.293 -0.155 -0.294 -1.830 -0.263 -0.197 -0.314 -0.279 0.000 -0.202 -0.024 -0.290 -0.420 -0.274 -0.264 -0.370 -0.217 -0.357 -0.102 -0.114 -0.331 -0.335 -0.096 -0.433 -0.193 -0.342 -0.135 -0.238 -0.108 -0.219 -0.155 0.000 -0.294 -0.113 -0.181 -0.279 -0.269 0.000 -0.495 -0.121 0.000 0.000 -0.248 -0.217 -0.289 -0.284 0.000 -0.490 -0.324 -0.005 -0.377 -0.200 0.000 -0.461 -0.108 -0.568 -0.388 -0.113 -0.300 0.000 -0.503 -0.194 -0.275 -0.248 -0.428 0.000 -0.278 -0.221 -0.316 -0.054 -0.025 -0.296 -0.160 -0.022 -0.178 -0.159 -0.309 -0.229 -0.110 -0.224 -0.392 -0.232 -0.156 -0.050 -0.106 -0.075 -0.133 0.024 -0.446

-0.227 -0.166 -0.122 -0.217 -1.090 -0.201 -0.195 -0.246 -0.312 -0.101 -0.189 -0.096 -0.299 -0.303 -0.300 -0.239 -0.320 -0.272 -0.218 -0.104 -0.121 -0.250 -0.284 -0.108 -0.436 -0.192 -0.325 -0.159 -0.194 -0.208 -0.239 -0.153 -0.097 -0.299 -0.116 -0.056 -0.218 -0.261 -0.100 -0.345 -0.123 0.000 0.002 -0.228 -0.288 -0.017 -0.253 -0.145 -0.404 -0.268 -0.070 -0.249 -0.317 -0.192 -0.371 -0.125 -0.467 -0.274 -0.102 -0.376 -0.190 -0.374 -0.257 -0.313 -0.304 -0.344 -0.065 -0.303 -0.213 -0.266 -0.059 0.005 -0.237 -0.195 -0.099 -0.265 -0.164 -0.257 -0.197 -0.180 -0.310 -0.330 -0.208 -0.212 -0.116 -0.249 -0.150 -0.080 -0.081 -0.313

-0.244 -0.135 -0.118 -0.180 -0.489 -0.161 -0.141 -0.215 -0.270 -0.137 -0.175 -0.123 -0.262 -0.263 -0.294 -0.213 -0.279 -0.256 -0.142 -0.106 -0.125 -0.208 -0.255 -0.129 -0.389 -0.187 -0.298 -0.160 -0.167 -0.238 -0.230 -0.151 -0.126 -0.271 -0.119 -0.038 -0.180 -0.219 -0.145 -0.258 -0.115 0.000 -0.011 -0.215 -0.275 -0.066 -0.228 -0.186 -0.338 -0.237 -0.110 -0.188 -0.298 -0.265 -0.320 -0.145 -0.388 -0.215 -0.107 -0.364 -0.307 -0.283 -0.274 -0.316 -0.299 -0.290 -0.098 -0.301 -0.196 -0.234 -0.069 0.013 -0.192 -0.205 -0.115 -0.285 -0.167 -0.221 -0.181 -0.195 -0.321 -0.279 -0.189 -0.228 -0.147 -0.215 -0.172 -0.092 -0.120 -0.245

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

-0.176 -0.156 -0.139 -0.121 -0.109 -0.284 -0.216 -0.184 -0.170 -0.128 -0.122 -0.135 -0.105 -0.108

-0.111 -0.174 -0.167 -0.169 -0.093 -0.145 -0.227 -0.130 -0.096 -0.191

-0.133 -0.114 -0.071 -0.053 -0.101 -0.091 -0.173 -0.148 -0.142 -0.114 -0.154 -0.122

-0.189 -0.152 -0.131 -0.139 -0.197 -0.170 -0.152 -0.206 -0.170 -0.141 -0.230 -0.212 -0.150 -0.174 -0.220 -0.085 -0.178 -0.050 -0.060

-0.190 -0.202 -0.084 -0.155

-0.144 -0.163 -0.088 -0.132

-0.050 -0.051

-0.210 -0.127 -0.106 -0.179 -0.122 -0.103 -0.124 -0.127 -0.109 -0.070 -0.112 -0.200 -0.092 -0.110 -0.134 -0.109 -0.196 -0.209 -0.213 -0.144 -0.227

-0.080 -0.074 -0.157 -0.132 -0.210 -0.182 -0.193 -0.170

-0.107 -0.108 -0.133 -0.091 -0.078 -0.177 -0.124 -0.096 -0.221 -0.207 -0.160 -0.121 -0.106 -0.204 -0.176 -0.150 -0.138 -0.141 -0.115 -0.101 -0.160 -0.083 -0.064 -0.171 -0.127 -0.161 -0.149 -0.165 -0.147 -0.196 -0.104 0.000 -0.200 -0.205 -0.027 -0.185 -0.134 -0.239 -0.194

-0.143 -0.125

-0.131 -0.102 -0.133 -0.114 -0.146 -0.133 -0.095 -0.084

-0.183 -0.151 -0.079 -0.175

-0.162 -0.131 -0.010 -0.148

-0.188 -0.161 -0.174 -0.136

-0.178 -0.119 -0.096 -0.205 -0.257 -0.293 -0.201 -0.172 -0.150 -0.111 -0.089 -0.178 -0.123 -0.111 -0.107 -0.372 -0.193 -0.158 -0.125 -0.236 -0.241 -0.214 -0.175 -0.144 -0.116 -0.238 -0.148 -0.112 -0.112 -0.198 -0.089 -0.001 -0.133 -0.098 -0.083 -0.177 -0.088 -0.169 -0.179 -0.174 -0.153 -0.208 -0.209 -0.152 -0.201 -0.144

-0.140 -0.123 -0.149 -0.131 -0.169 -0.159

-0.168 -0.148

-0.134 -0.124

-0.152 -0.103 -0.052 -0.066 -0.203 -0.150 -0.125

0.006 0.004 0.004 0.000 0.009 0.012 0.013 0.009 0.006 0.000 0.005 0.006 0.007 0.004 0.003 0.003 0.005 0.004 0.008 0.005 0.003 0.006 0.003 0.002 0.005 0.006 0.005 0.001 0.008 0.009 0.001 0.000 0.005 0.004 0.005 0.005 0.013 0.006 0.003 0.004 0.004 0.003 0.015 0.010 0.006 0.005 0.004 0.004 0.004 0.007 0.007 0.000 0.002 0.003 0.004 0.003 0.002 0.015 0.010 0.007 0.003 0.004 0.005 0.012 0.007 0.005 0.002 0.003 0.004 0.010 0.009 0.007 0.013 0.010 0.007 0.000 0.002 0.003 0.000 0.005 0.006 0.008 0.009 0.008 0.000 0.003 0.004 0.013 0.011 0.010 0.009 0.005 0.003 0.020 0.010 0.005 0.017 0.010 0.007 0.000 -0.001 0.000 0.017 0.006 0.001 0.007 0.008 0.019 0.010 0.066 0.010 0.002 0.010 0.007 0.000 0.008 -0.001 0.012 0.013 0.006 0.009 0.014 0.004 0.012 0.006 0.001 0.014 0.010 0.002 0.010 0.006 0.012 0.006 0.009 0.001 0.005 0.004 0.000 0.022 0.000 0.004 0.007 0.013 0.000 0.017 0.007 0.000 0.000 0.004 0.005 0.006 0.009 0.000 0.017 0.011 0.000 0.009 0.004 0.000 0.013 0.001 0.019 0.014 0.011 0.007 0.000 0.020 0.004 0.007 0.004 0.014 0.000 0.006 0.005 0.010 0.008 0.000 0.013 0.006 0.003 0.004 0.009 0.006 0.012 0.002 0.004 0.014 0.010 0.002 0.002 0.001 0.000 0.001 0.004 0.017

0.007 0.010 0.010 0.007 0.038 0.006 0.003 0.007 0.011 0.001 0.014 0.003 0.008 0.007 0.006 0.006 0.010 0.008 0.006 0.004 0.001 0.008 0.008 0.001 0.010 0.004 0.010 0.004 0.005 0.004 0.007 0.004 0.002 0.015 0.003 0.006 0.006 0.013 0.003 0.014 0.004 0.000 0.000 0.004 0.010 0.000 0.010 0.003 0.012 0.007 0.000 0.005 0.007 0.005 0.009 0.003 0.015 0.012 0.006 0.012 0.003 0.016 0.006 0.009 0.012 0.009 0.001 0.007 0.003 0.006 0.005 0.002 0.008 0.005 0.007 0.006 0.005 0.005 0.006 0.005 0.007 0.012 0.007 0.006 0.003 0.011 0.003 0.001 0.003 0.011

0.007 0.010 0.005 0.005 0.016 0.004 0.002 0.005 0.010 0.003 0.013 0.004 0.006 0.004 0.005 0.004 0.008 0.008 0.004 0.003 0.001 0.005 0.006 0.002 0.009 0.003 0.009 0.002 0.003 0.005 0.007 0.004 0.002 0.010 0.004 0.006 0.004 0.010 0.004 0.011 0.003 0.000 0.000 0.003 0.009 0.002 0.009 0.004 0.009 0.004 0.001 0.003 0.006 0.006 0.007 0.004 0.011 0.010 0.003 0.011 0.006 0.013 0.007 0.008 0.012 0.006 0.002 0.007 0.002 0.004 0.004 0.003 0.005 0.004 0.008 0.006 0.003 0.004 0.004 0.005 0.007 0.010 0.005 0.007 0.003 0.010 0.003 0.001 0.002 0.008

0.007 0.003 0.002 0.002

0.002

0.001

0.002

0.001

0.000 0.001

0.000 0.000

0.001

0.001

0.001 0.001 0.003

0.001 0.001 0.002

0.000 0.002

0.000 0.001

0.002

0.001

0.001 0.002

0.001 0.002

0.002 0.002 0.001 0.002

0.002 0.002 0.001 0.001

0.001

0.001

0.003 0.001 0.002

0.003 0.001 0.001

0.002

0.002

0.000 0.002

0.000 0.001

0.001

0.001

0.002

0.002

0.002 0.002

0.001 0.001

0.001 0.004

0.001 0.003

0.001

0.001

0.004

0.003

0.001 0.004

0.001 0.002

0.004 0.001

0.002 0.001

0.002 0.004 0.004 0.006 0.002 0.005 0.002

0.001 0.002 0.004 0.001

0.001 0.002 0.003 0.001

0.003 0.001

0.002 0.001

0.001 0.003 0.005 0.004 0.006

0.001

0.001

0.002 0.004

0.001 0.003

0.001

0.001

0.005

0.003

0.004 0.004 0.005 0.002 0.003 0.004 0.004 0.003 0.003 0.004

0.002

0.001

0.001

0.001

0.002

0.001

0.002 0.003 0.002 0.003 0.004 0.007 0.003 0.006 0.002

0.001 0.001 0.001

0.001 0.001 0.001

0.004

0.002

0.001

0.000

0.000 0.001

0.000 0.001

0.002 0.001

0.010 0.003 0.001 0.002 0.003 0.002 0.006 0.002 0.001 0.004 0.003 0.003 0.003 0.004 0.005 0.004 0.004 0.005 0.002 0.002 0.004 0.003 0.002 0.005 0.008 0.003 0.000 0.001 0.004 0.003 0.001 0.004 0.003 0.002 0.002 0.004 0.005 0.001 0.001 0.003 0.003 0.005 0.002 0.007 0.001 0.002 0.005 0.002 0.001 0.007 0.003 0.005 0.002 0.006 0.006 0.006 0.001 0.000

0.005 0.001 0.010 0.008 0.006 0.005

0.001 0.001 0.007


15.05.2013

Russell 1000 Index

Ticker

Name

GICS_SECTOR_NAME

ATM4 Ref

Dividend Yield

Next ExDividend Date

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: 2 IVt = atx + btx + ct

ATM4 ATM4 ATM4 ATM4 ATM4 ATM4 ATM4 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

RGA UN Equity

REINSURANCE GROUP OF AMERICA

Financials

63.99

1.88%

09.08.2013

14.08

14.91

15.47

0.002 -0.016

0.000

0.000

0.000

RS UN Equity

RELIANCE STEEL & ALUMINUM

Materials

67.80

1.84%

14.08.2013

26.97

27.88

28.48

-0.182 -0.184 -0.180 -0.154

0.011

0.007

0.005

RNR UN Equity

RENAISSANCERE HOLDINGS LTD

Financials

90.42

1.25%

14.06.2013

14.65

14.33

14.54

-0.255 -0.181 -0.156

0.000

0.006

0.005

0.004

RSG UN Equity

REPUBLIC SERVICES INC

Industrials

34.05

2.98%

26.09.2013

17.50

19.21

19.77

0.000 -0.163 -0.176

0.000

0.003

0.003

RMD UN Equity

RESMED INC

Health Care

50.35

1.41%

23.08.2013

35.62

32.21

30.56

29.20

-0.173 -0.197 -0.175 -0.101

0.006

0.002

0.000

RPAI UN Equity

RETAIL PROPERTIES OF AME - A

Financials

15.64

4.24%

25.09.2013

20.03

20.29

20.70

21.82

0.000

0.000 -0.001 -0.001 0.001

RAI UN Equity

REYNOLDS AMERICAN INC

Consumer Staples

48.92

5.19%

10.09.2013

13.29

14.21

14.97

15.44

16.13

16.40

-0.309 -0.286 -0.277 -0.238 -0.148 -0.129

0.007

0.009

0.009

0.006

0.004

0.003

RVBD UW Equity RIVERBED TECHNOLOGY INC

Information Technology

15.65

35.39

41.78

44.84

47.09

45.58

47.02

-0.065 -0.065 -0.064 -0.052 -0.050 -0.063

0.012

0.006

0.003

0.002

0.000

0.000

RHI UN Equity

ROBERT HALF INTL INC

Industrials

34.89

1.86%

23.08.2013

27.34

29.43

30.29

29.98

-0.004 0.016

0.007

0.005

0.004

0.003

RKT UN Equity

ROCK TENN COMPANY -CL A

Materials

103.19

1.16%

09.08.2013

25.54

25.69

26.28

-0.336 -0.311 -0.274

0.009

0.008

0.006

ROK UN Equity

ROCKWELL AUTOMATION INC

Industrials

89.53

1.74%

15.08.2013

18.32

18.74

19.44

-0.360 -0.338 -0.307

0.011

0.009

0.008

COL UN Equity

ROCKWELL COLLINS INC

Industrials

65.96

1.88%

08.08.2013

16.53

16.86

17.36

-0.154 -0.285 -0.306

0.003

0.007

0.008

ROC UN Equity

ROCKWOOD HOLDINGS INC

Materials

66.77

2.47%

24.06.2013

26.63

27.90

28.33

27.86

-0.189 -0.134 -0.114 -0.139

0.007

0.005

0.004

0.004

ROL UN Equity

ROLLINS INC

Industrials

24.67

1.62%

09.08.2013

21.59

21.59

21.76

22.49

0.000

0.002 -0.006 -0.047

0.000

0.000

0.000

0.002

ROP UN Equity

ROPER INDUSTRIES INC

Industrials

121.91

0.59%

10.07.2013

16.33

17.20

17.82

19.04

-0.208 -0.252 -0.257 -0.203

0.009

0.008

0.007

0.004

1.10%

05.06.2013

26.22

25.41

25.07

25.08

-0.291 -0.250 -0.223 -0.180 -0.152 -0.125

0.008

0.006

0.005

0.003

0.002

0.001

-0.067 -0.132 -0.149

0.001

0.004

0.004

-0.167 -0.234 -0.226 -0.171

0.004

0.005

0.005

0.002

29.33

ROST UW Equity ROSS STORES INC

Consumer Discretionary

65.69

ROVI UW Equity

ROVI CORP

Information Technology

24.31

31.74

30.41

31.23

RDC UN Equity

ROWAN COMPANIES PLC-A

Energy

34.25

26.82

26.71

27.50

29.08

RCL UN Equity

ROYAL CARIBBEAN CRUISES LTD

25.38

25.80

0.047

0.038 -0.071

0.020 -0.014

0.003

0.002

Consumer Discretionary

38.18

1.26%

25.09.2013

24.28

26.12

27.11

28.44

29.78

31.48

-0.301 -0.257 -0.218 -0.174 -0.148 -0.129

0.015

0.009

0.006

0.003

0.002

0.001

RGLD UW Equity ROYAL GOLD INC

Materials

50.77

1.65%

03.07.2013

39.73

39.06

38.54

38.01

38.45

38.99

-0.167 -0.142 -0.125 -0.100 -0.060 -0.046

0.008

0.007

0.005

0.002

0.002

0.001

RES UN Equity

RPC INC

Energy

13.28

3.16%

07.08.2013

35.73

35.50

35.50

35.98

-0.019 -0.093 -0.127 -0.132

0.000

0.001

0.002

0.002

RPM UN Equity

RPM INTERNATIONAL INC

Materials

34.10

2.77%

10.07.2013

16.73

19.35

20.21

19.92

0.000 -0.076 -0.119 -0.177

0.000

0.001

0.002

0.004

RRD UW Equity

RR DONNELLEY & SONS CO

Industrials

12.56

8.28%

06.08.2013

28.53

32.93

34.47

34.23

29.09

29.93

-0.501 -0.420 -0.363 -0.223 -0.282 -0.251

0.018

0.010

0.006

0.003

0.005

0.003

R UN Equity

RYDER SYSTEM INC

Industrials

61.69

2.11%

15.08.2013

25.58

27.50

28.28

28.64

-0.226 -0.245 -0.230 -0.142

0.008

0.005

0.003

0.003

SWY UN Equity

SAFEWAY INC

Consumer Staples

25.40

3.15%

17.09.2013

27.67

30.00

31.06

31.26

30.02

30.03

-0.301 -0.179 -0.124 -0.096 -0.107 -0.090

0.015

0.008

0.005

0.002

0.004

0.002

SAI UN Equity

SAIC INC

Information Technology

15.17

3.16%

17.07.2013

22.13

21.42

20.99

20.64

22.57

23.27

-0.168 -0.130 -0.125 -0.195 -0.189 -0.137

0.003

0.003

0.004

0.007

0.001

0.001

CRM UN Equity

SALESFORCE.COM INC

Information Technology

44.72

36.70

34.50

33.39

33.10

34.22

35.42

-0.175 -0.145 -0.127 -0.110 -0.088 -0.080

0.009

0.005

0.003

0.001

0.001

0.001

SLXP UW Equity

SALIX PHARMACEUTICALS LTD

Health Care

59.69

31.84

30.01

30.05

-0.133 0.050

-0.002 0.001

0.002

SBH UN Equity

SALLY BEAUTY HOLDINGS INC

Consumer Discretionary

30.64

23.06

23.30

23.47

23.85

0.000 -0.109 -0.158 -0.167

0.000

0.002

0.003

0.004

SNDK UW Equity SANDISK CORP

Information Technology

59.12

27.87

32.20

33.26

32.51

32.14

33.26

-0.211 -0.159 -0.148 -0.153 -0.147 -0.124

0.010

0.006

0.004

0.002

0.002

0.001

SD UN Equity

Energy

5.24

50.44

53.24

55.99

58.38

61.90

62.11

-0.175 -0.188 -0.177 -0.105 -0.045 -0.102

0.016

0.009

0.005

0.002

0.000

0.001

16.58

16.39

16.57

17.96

-0.059 -0.140 -0.173 -0.169

0.001

0.005

0.006

0.004

-0.140 -0.141 -0.141 -0.075

0.001

0.001

0.001

0.001 0.002

0.001

SANDRIDGE ENERGY INC

0.061

SBAC UW Equity SBA COMMUNICATIONS CORP-CL A

Telecommunication Services 81.03

SCG UN Equity

SCANA CORP

Utilities

53.05

3.85%

10.09.2013

13.79

13.64

13.49

12.15

SLB UN Equity

SCHLUMBERGER LTD

Energy

75.40

1.71%

30.08.2013

21.23

22.16

22.87

23.95

-0.349 -0.273 -0.228 -0.164 -0.134 -0.115

0.012

0.008

0.006

0.003

SMG UN Equity

SCOTTS MIRACLE-GRO CO-CL A

Materials

48.49

2.84%

27.08.2013

19.30

20.29

20.95

21.93

-0.091 -0.155 -0.178 -0.172

0.001

0.004

0.004

0.003

SNI UN Equity

SCRIPPS NETWORKS INTER-CL A

Consumer Discretionary

68.65

0.92%

29.05.2013

18.62

21.21

22.47

23.34

-0.167 -0.174 -0.173 -0.150

0.007

0.005

0.004

0.003

CKH UN Equity

SEACOR HOLDINGS INC

Energy

76.43

23.19

SEE UN Equity

SEALED AIR CORP

2.25%

28.08.2013

25.33

26.25

20.79

20.13

-0.232 -0.360 -0.351

0.004

0.010

0.010

Materials

23.15

26.75

26.58

27.25

28.91

30.21

31.09

-0.248 -0.150 -0.143 -0.197 -0.155 -0.108

0.007

0.003

0.003

0.004

0.001

0.001

SHLD UW Equity SEARS HOLDINGS CORP

Consumer Discretionary

60.52

51.35

48.12

46.27

44.84

42.72

41.86

-0.112 -0.090 -0.087 -0.131 -0.147 -0.159

0.007

0.005

0.004

0.003

0.001

0.001

SHOS UR Equity

SEARS HOMETOWN AND OUTLET ST

Consumer Discretionary

43.93

34.56

32.03

30.88

-0.019 -0.176 -0.166

0.000

0.011

0.012

SEIC UW Equity

SEI INVESTMENTS COMPANY

Financials

29.71

1.13%

20.06.2013

17.95

20.11

21.40

0.000 -0.038 -0.075 -0.195

0.000

0.003

0.004

SRE UN Equity

SEMPRA ENERGY

Utilities

83.04

3.12%

24.06.2013

13.15

13.12

13.34

-0.229 -0.199 -0.192

0.005

0.005

0.005

SNH UN Equity

SENIOR HOUSING PROP TRUST

Financials

29.25

5.44%

26.07.2013

11.42

14.12

15.17

15.11

0.000 -0.174 -0.227 -0.193

0.000

0.004

0.005

SCI UN Equity

SERVICE CORP INTERNATIONAL

Consumer Discretionary

17.12

1.64%

16.10.2013

20.22

23.33

25.89

27.58

0.702

0.004 -0.001 -0.005 -0.013

NOW UN Equity

SERVICENOW INC

Information Technology

40.89

41.14

44.45

45.80

45.58

-0.130 -0.153 -0.162 -0.146

0.009

0.005

0.003

0.002

SHW UN Equity

SHERWIN-WILLIAMS CO/THE

Materials

193.20

1.14%

14.08.2013

18.47

19.03

19.37

20.20

-0.403 -0.351 -0.303 -0.232 -0.171 -0.149

0.013

0.008

0.005

0.003

0.001

0.001

SIAL UW Equity

SIGMA-ALDRICH

Materials

82.52

1.06%

28.08.2013

12.21

12.05

12.59

-0.192 -0.283 -0.305

0.004

0.007

0.008

SBNY UW Equity SIGNATURE BANK

Financials

77.00

21.00

20.50

20.47

-0.010 -0.032 -0.064 -0.155

0.000

0.002

0.003

SIG UN Equity

SIGNET JEWELERS LTD

23.30

21.85

21.39

Consumer Discretionary

70.00

0.90%

24.07.2013

25.17

24.28

24.33

SLGN UW Equity SILGAN HOLDINGS INC

Materials

48.41

1.18%

04.09.2013

17.42

17.39

17.67

SLAB UW Equity

SILICON LABORATORIES INC

Information Technology

41.01

24.37

24.42

25.22

SPG UN Equity

SIMON PROPERTY GROUP INC

Financials

12.81

13.85

14.74

16.40

17.95

SIRI UW Equity

SIRIUS XM RADIO INC

Consumer Discretionary

3.55

25.06

25.31

25.62

28.51

32.89

SIRO UW Equity

SIRONA DENTAL SYSTEMS INC

Health Care

71.24

27.42

27.37

27.57

28.54

SWKS UW Equity SKYWORKS SOLUTIONS INC

Information Technology

23.70

35.34

39.63

41.50

42.12

SLG UN Equity

SL GREEN REALTY CORP

Financials

90.86

1.61%

28.06.2013

15.46

16.19

16.61

17.27

SLM UW Equity

SLM CORP

Financials

22.07

2.85%

04.09.2013

21.59

22.46

23.06

SM UN Equity

SM ENERGY CO

Energy

60.38

0.25%

24.10.2013

34.63

36.24

SFD UN Equity

SMITHFIELD FOODS INC

Consumer Staples

26.58

32.54

30.02

SNA UN Equity

SNAP-ON INC

Industrials

92.08

17.29

SWI UN Equity

SOLARWINDS INC

Information Technology

46.05

SLH UN Equity

SOLERA HOLDINGS INC

Information Technology

56.38

0.97%

SON UN Equity

SONOCO PRODUCTS CO

Materials

35.60

3.51%

SO UN Equity

SOUTHERN CO/THE

178.00

2.75%

1.26%

14.08.2013

22.78

0.720

0.729

0.462

-0.244 -0.303 -0.285

0.002 0.004

0.005

0.006

0.009

0.008

-0.195 -0.194 -0.184 -0.149

0.002

0.006

0.006

-0.060 -0.147 -0.178

-0.001 0.004

0.005

18.98

-0.395 -0.311 -0.252 -0.217 -0.184 -0.164

0.015

0.011

0.008

0.005

0.003

0.002

34.26

-0.247 0.046 -0.015 -0.106 -0.060 -0.065

0.005

0.010

0.010

0.004

0.002

0.001

-0.163 -0.108 -0.078 -0.070

0.008

0.003

0.000

0.000

-0.197 -0.213 -0.211 -0.173 -0.131 -0.112

0.008

0.004

0.002

0.001

0.000

0.000

18.85

0.001

42.29

43.02

-0.190 -0.278 -0.294 -0.247

0.002

0.007

0.008

0.006

24.07

25.80

26.94

-0.395 -0.341 -0.289 -0.216 -0.191 -0.170

0.017

0.012

0.009

0.005

0.003

0.002

37.16

38.25

38.27

39.01

-0.146 -0.163 -0.160 -0.114 -0.111 -0.090

0.005

0.004

0.003

0.002

0.001

0.001

28.84

28.40

29.14

29.84

-0.308 -0.277 -0.253 -0.216 -0.170 -0.147

0.013

0.009

0.007

0.004

0.002

0.001

18.08

18.59

19.81

-0.394 -0.351 -0.312 -0.246

0.014

0.012

0.010

0.007

29.91

33.27

34.96

36.10

-0.071 -0.133 -0.160 -0.154 -0.171 -0.140

0.009

0.006

0.004

0.002

0.002

0.001

06.09.2013

19.07

20.18

20.84

21.64

-0.101 -0.171 -0.193 -0.163

0.000

0.002

0.003

0.003

14.08.2013

16.44

17.47

17.75

0.000

0.000

0.000

0.002

22.08.2013

37.37

38.07

0.010 -0.074

Utilities

46.53

4.41%

08.08.2013

11.48

11.48

11.51

12.02

13.40

14.21

-0.450 -0.409 -0.344 -0.217 -0.120 -0.114

0.012

0.014

0.012

0.007

0.005

0.003

SCCO UN Equity SOUTHERN COPPER CORP

Materials

32.32

4.39%

15.08.2013

26.92

27.51

27.64

28.64

29.70

30.46

-0.314 -0.268 -0.235 -0.181 -0.152 -0.139

0.011

0.007

0.005

0.003

0.001

0.001

LUV UN Equity

SOUTHWEST AIRLINES CO

Industrials

14.32

0.28%

04.06.2013

23.58

24.72

25.30

25.72

25.28

25.42

-0.059 -0.120 -0.146 -0.142 -0.109 -0.099

0.003

0.006

0.007

0.004

0.002

0.001

SWN UN Equity

SOUTHWESTERN ENERGY CO

Energy

37.44

26.69

28.33

29.30

30.54

31.21

31.37

-0.211 -0.169 -0.146 -0.133 -0.109 -0.108

0.014

0.008

0.005

0.002

0.001

0.001

SE UN Equity

SPECTRA ENERGY CORP

Energy

31.24

15.42

15.93

16.10

15.74

16.98

17.42

-0.205 -0.238 -0.240 -0.171 -0.143 -0.117

0.006

0.010

0.011

0.008

0.005

0.003

SPR UN Equity

SPIRIT AEROSYSTEMS HOLD-CL A

Industrials

21.49

27.59

28.52

28.83

-0.034 -0.100 -0.122

0.000

0.001

0.001

SPLK UW Equity

SPLUNK INC

Information Technology

45.15

44.75

41.46

39.65

38.56

-0.152 -0.154 -0.158 -0.177

0.006

0.005

0.004

0.002

S UN Equity

SPRINT NEXTEL CORP

Telecommunication Services 7.29

26.37

29.96

30.60

28.24

-0.269 -0.219 -0.152 -0.037 -0.034 0.009

0.020

0.013

0.009

0.004

0.005

0.003

SPW UN Equity

SPX CORP

Industrials

77.79

22.24

23.83

24.87

26.43

-0.253 -0.178 -0.148 -0.157

0.008

0.009

0.008

0.006

JOE UN Equity

ST JOE CO/THE

Financials

20.15

27.59

28.77

29.44

30.25

-0.093 -0.128 -0.144 -0.145

0.001

0.004

0.005

0.003

STJ UN Equity

ST JUDE MEDICAL INC

Health Care

46.43

2.20%

02.10.2013

20.57

21.87

22.44

23.20

24.68

25.60

-0.222 -0.275 -0.267 -0.206 -0.133 -0.111

0.008

0.008

0.006

0.003

0.002

0.001

SFG UN Equity

STANCORP FINANCIAL GROUP

Financials

44.85

2.19%

20.11.2013

13.14

14.44

15.31

0.000

0.000

0.000

0.001

SWK UN Equity

STANLEY BLACK & DECKER INC

Industrials

80.66

2.84%

06.09.2013

18.55

19.76

20.56

21.71

23.20

24.04

-0.327 -0.341 -0.305 -0.217 -0.171 -0.152

0.009

0.009

0.007

0.003

0.002

0.001

SPLS UW Equity

STAPLES INC

4.15%

1.29%

07.08.2013

14.06.2013

24.23

22.57

0.005 -0.040

Consumer Discretionary

14.37

3.44%

26.06.2013

36.97

35.28

34.14

32.55

29.39

29.66

-0.147 -0.138 -0.131 -0.122 -0.077 -0.073

0.004

0.004

0.004

0.002

0.002

0.001

SBUX UW Equity STARBUCKS CORP

Consumer Discretionary

63.81

1.50%

05.08.2013

18.41

18.83

19.94

22.43

24.34

25.16

-0.350 -0.286 -0.232 -0.161 -0.128 -0.109

0.013

0.010

0.007

0.004

0.002

0.001

HOT UN Equity

Consumer Discretionary

67.68

1.85%

10.12.2013

20.89

22.05

22.88

24.34

26.18

27.74

-0.381 -0.282 -0.223 -0.163 -0.118 -0.105

0.012

0.008

0.006

0.002

0.001

0.001

STRZA UW Equity STARZ - LIBERTY CAPITAL

Consumer Discretionary

22.80

37.03

37.28

36.93

0.014

0.000

0.003

0.004

STT UN Equity

STATE STREET CORP

Financials

63.20

1.69%

27.06.2013

18.87

20.32

21.09

21.83

23.35

24.34

-0.396 -0.340 -0.297 -0.234 -0.163 -0.144

0.014

0.008

0.005

0.003

0.002

0.001

STLD UW Equity

STEEL DYNAMICS INC

2.91%

28.06.2013

33.15

33.93

0.001

0.001

STARWOOD HOTELS & RESORTS

0.110

0.089

Materials

15.12

28.49

30.11

31.08

32.39

-0.207 -0.200 -0.183 -0.132 -0.160 -0.137

0.007

0.006

0.005

0.002

SRCL UW Equity STERICYCLE INC

Industrials

111.15

14.11

15.22

15.82

16.38

-0.219 -0.262 -0.251 -0.156

0.004

0.007

0.007

0.003

SSYS UW Equity STRATASYS LTD

Information Technology

91.67

49.26

48.69

48.41

48.26

-0.098 -0.088 -0.084 -0.079

0.005

0.003

0.002

0.001

SYK UN Equity

STRYKER CORP

Health Care

69.50

1.71%

27.09.2013

14.81

16.02

16.70

17.42

18.01

18.56

-0.504 -0.373 -0.293 -0.220 -0.183 -0.161

0.018

0.012

0.008

0.004

0.003

0.002

STI UN Equity

SUNTRUST BANKS INC

Financials

30.94

1.62%

30.08.2013

20.48

21.39

22.25

23.85

25.39

25.93

-0.462 -0.359 -0.291 -0.212 -0.165 -0.148

0.017

0.012

0.009

0.004

0.001

0.001

SPN UN Equity

SUPERIOR ENERGY SERVICES INC

Energy

28.23

31.68

32.58

33.17

34.01

-0.092 -0.111 -0.119 -0.117

0.001

0.002

0.002

0.002

SIVB UW Equity

SVB FINANCIAL GROUP

Financials

73.29

16.97

20.04

21.19

21.14

-0.325 -0.293 -0.259 -0.191

0.009

0.009

0.008

0.004

SYMC UW Equity SYMANTEC CORP

Information Technology

24.53

20.79

20.72

21.57

23.66

25.35

26.55

-0.197 -0.210 -0.202 -0.138 -0.104 -0.097

0.023

0.015

0.009

0.004

0.002

0.001

SNPS UW Equity SYNOPSYS INC

Information Technology

35.44

22.66

21.92

21.34

20.12

0.000 -0.106 -0.161 -0.186

0.000

0.000

0.001

0.004

SNV UN Equity

SYNOVUS FINANCIAL CORP

Financials

2.81

1.42%

11.06.2013

35.59

35.59

35.59

34.88

35.46

41.69

0.021

0.069 -0.072 -0.050

0.000

0.000

0.000 -0.002 0.008

0.003

SYY UN Equity

SYSCO CORP

14.00

14.54

15.23

-0.218 -0.293 -0.304 -0.248 -0.201 -0.165

0.004

0.008

0.009

-0.283 -0.364 -0.355

0.008

0.010

0.008

-0.069 -0.124 -0.100 -0.125 -0.055 -0.055

0.010

0.009

0.61%

0.021

0.021

Consumer Staples

35.03

3.25%

03.07.2013

12.99

13.56

13.75

TROW UW Equity T ROWE PRICE GROUP INC

Financials

76.74

2.03%

13.09.2013

18.08

18.05

18.61

TMUS UN Equity

T-MOBILE US INC

Telecommunication Services 19.24

34.75

34.19

35.44

35.88

TAHO UN Equity

TAHOE RESOURCES INC

Materials

14.64

51.84

51.36

50.93

49.21

-0.262 -0.220 -0.189 -0.123

0.002

SKT UN Equity

TANGER FACTORY OUTLET CENTER

Financials

38.16

2.40%

30.07.2013

15.50

15.47

15.44

16.58

-0.237 -0.235 -0.231 -0.181

0.008

TGT UN Equity

TARGET CORP

Consumer Discretionary

69.92

1.84%

16.08.2013

17.95

16.86

16.64

17.24

-0.412 -0.344 -0.291 -0.213 -0.163 -0.148

TCO UN Equity

TAUBMAN CENTERS INC

Financials

87.45

2.33%

18.06.2013

12.40

13.64

14.54

16.11

-0.220 -0.239 -0.240 -0.212

TCB UN Equity

TCF FINANCIAL CORP

Financials

14.64

1.37%

14.08.2013

21.49

22.60

23.45

-0.091 -0.166 -0.182

AMTD UN Equity

TD AMERITRADE HOLDING CORP

28.19

35.38

18.08

26.02

36.73

18.36

Financials

22.19

1.89%

02.08.2013

27.62

27.28

27.03

TECD UW Equity TECH DATA CORP

Information Technology

48.22

25.52

25.24

25.16

25.45

TECH UW Equity TECHNE CORP

Health Care

68.18

1.85%

14.08.2013

23.29

23.29

23.29

26.65

TE UN Equity

TECO ENERGY INC

Utilities

18.74

4.75%

14.08.2013

15.02

15.02

15.02

13.70

TK UN Equity

TEEKAY CORP

Energy

36.62

3.45%

17.07.2013

26.11

26.45

26.91

27.83

TFX UN Equity

TELEFLEX INC

Health Care

80.35

1.69%

15.08.2013

24.52

19.10

16.57

TDS UN Equity

TELEPHONE AND DATA SYSTEMS

Telecommunication Services 22.69

2.28%

14.06.2013

24.51

25.70

26.24

26.33

TPX UN Equity

TEMPUR-PEDIC INTERNATIONAL

Consumer Discretionary

47.87

37.22

38.81

39.97

41.94

45.14

44.46

THC UN Equity

TENET HEALTHCARE CORP

Health Care

47.33

33.26

34.91

35.77

36.33

TDC UN Equity

TERADATA CORP

Information Technology

53.70

29.53

29.37

30.21

32.10

32.78

33.26

TER UN Equity

TERADYNE INC

Information Technology

17.59

28.20

28.51

29.75

32.20

33.79

TEX UN Equity

TEREX CORP

Industrials

31.47

39.96

41.37

42.25

43.54

45.10

TSLA UW Equity

TESLA MOTORS INC

Consumer Discretionary

85.15

89.00

84.53

82.17

77.37

TSO UN Equity

TESORO CORP

Energy

57.58

1.48%

28.08.2013

44.49

43.26

42.61

TXN UW Equity

TEXAS INSTRUMENTS INC

Information Technology

36.63

3.17%

31.07.2013

19.94

20.22

TXT UN Equity

TEXTRON INC

Industrials

27.45

0.29%

11.09.2013

27.76

TFSL UW Equity

TFS FINANCIAL CORP

Financials

10.99

TMO UN Equity

THERMO FISHER SCIENTIFIC INC

Health Care

84.99

0.75%

TRI UN Equity

THOMSON REUTERS CORP

Consumer Discretionary

THO UN Equity

THOR INDUSTRIES INC

0.006

0.004

0.002

0.004

0.003

0.001

0.001

0.002

0.002

0.001

0.008

0.008

0.005

0.016

0.011

0.008

0.005

0.003

0.002

0.004

0.006

0.006

0.004

0.001

0.003

0.004

-0.007 -0.084 -0.115 -0.122 -0.102 -0.089

0.007

0.006

0.006

0.003

0.001

0.001

-0.257 -0.266 -0.261 -0.214

0.014

0.010

0.007

0.003

0.000

0.000

0.000

0.000

0.000

0.000

0.000

0.000

0.004

0.002

0.000 -0.245

0.000

0.000

0.000

0.006

-0.163 -0.100 -0.099 -0.127 -0.091 -0.045

0.004

0.007

0.007

0.004

0.000 -0.524 -0.583

0.000

0.009

0.012

0.000 -0.064 -0.105 -0.169

0.000

0.001

0.002

0.004

-0.286 -0.239 -0.208 -0.163 -0.141 -0.110

0.009

0.006

0.004

0.001

0.001

0.001

-0.253 -0.217 -0.194 -0.156

0.007

0.005

0.003

0.002

-0.232 -0.162 -0.143 -0.131 -0.080 -0.074

0.007

0.006

0.004

0.002

0.001

0.001

35.12

-0.146 -0.179 -0.185 -0.176 -0.161 -0.138

0.003

0.005

0.004

0.001

0.001

0.001

45.94

-0.299 -0.261 -0.226 -0.181 -0.154 -0.130

0.006

0.004

0.003

0.002

0.001

0.001

70.37

67.64

0.127

0.059

0.003

0.001

0.001

0.000

0.000

0.000

42.25

41.55

41.09

-0.032 -0.070 -0.093 -0.102 -0.097 -0.099

0.005

0.003

0.002

0.001

0.001

0.001

20.82

22.07

23.50

24.57

-0.390 -0.302 -0.244 -0.176 -0.135 -0.121

0.013

0.010

0.007

0.004

0.002

0.001

28.47

28.97

29.82

30.96

32.22

-0.316 -0.267 -0.237 -0.199 -0.152 -0.133

0.012

0.007

0.005

0.003

0.001

0.001

22.86

22.86

21.17

0.000

0.000

0.000

0.004

13.06.2013

19.35

21.30

22.61

0.002

0.001

0.001

0.002 0.004

0.002 0.001

0.001 0.001

34.37

3.83%

23.08.2013

17.04

18.16

18.28

Consumer Discretionary

41.30

2.03%

20.06.2013

33.18

33.14

33.14

THOR UW Equity THORATEC CORP

Health Care

33.77

24.83

24.91

26.81

TIBX UW Equity

TIBCO SOFTWARE INC

Information Technology

20.87

38.41

41.66

42.90

TDW UN Equity

TIDEWATER INC

Energy

56.57

2.12%

29.05.2013

28.19

25.80

25.11

TIF UN Equity TWC UN Equity

TIFFANY & CO TIME WARNER CABLE

Consumer Discretionary Consumer Discretionary

76.50 98.29

1.93% 2.74%

20.06.2013 29.05.2013

29.56 15.29

26.91 15.27

25.91 16.31

29.23

30.34

0.125

0.000

0.112

0.075

0.095

0.023

24.75

-0.322 -0.280 -0.254 -0.213

0.010

0.009

0.007

0.000 -0.199 -0.209

0.000

0.004

0.005

33.80

-0.299 -0.294 -0.276 -0.208

0.006

0.005

0.004

0.014 -0.018 -0.047

0.004

0.006

0.005

-0.032 -0.055 -0.075 -0.105 -0.126 -0.109

0.019

0.009

0.004

-0.166 -0.234 -0.250

0.004

0.005

0.005

-0.302 -0.259 -0.230 -0.174 -0.146 -0.122 -0.241 -0.308 -0.281 -0.177 -0.132 -0.123

0.008 0.007

0.007 0.010

0.006 0.008

42.24

42.33

42.64

27.18 19.23

27.98 21.31

28.24 21.61

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

0.004 0.002


15.05.2013

Russell 1000 Index

Ticker TWX UN Equity TKR UN Equity TJX UN Equity TOL UN Equity TMK UN Equity TTC UN Equity TSS UN Equity TW UN Equity TSCO UW Equity TDG UN Equity TRV UN Equity TRMB UW Equity TRN UN Equity TRIP UW Equity TGI UN Equity TRW UN Equity TUP UN Equity TWTC UW Equity TYC UN Equity TSN UN Equity UDR UN Equity UGI UN Equity ULTA UW Equity UPL UN Equity UA UN Equity UNP UN Equity UNT UN Equity UAL UN Equity UPS UN Equity URI UN Equity USM UN Equity X UN Equity UTX UN Equity UTHR UW Equity UNH UN Equity UHS UN Equity UNM UN Equity URBN UW Equity URS UN Equity USB UN Equity UTIW UW Equity VLO UN Equity VR UN Equity VLY UN Equity VMI UN Equity VAL UN Equity VNTV UN Equity VAR UN Equity WOOF UW Equity VVC UN Equity VTR UN Equity PAY UN Equity VRSN UW Equity VRSK UW Equity VZ UN Equity VRTX UW Equity VFC UN Equity VIAB UW Equity VMED UW Equity V UN Equity VSH UN Equity VC UN Equity VMW UN Equity VNO UN Equity VMC UN Equity WBC UN Equity WAB UN Equity WDR UN Equity WMT UN Equity WAG UN Equity DIS UN Equity WLT UN Equity WCRX UW Equity WAFD UW Equity WPO UN Equity WCN UN Equity WM UN Equity WAT UN Equity WTW UN Equity WRI UN Equity WLP UN Equity WFC UN Equity WEN UW Equity WCC UN Equity WR UN Equity WDC UW Equity WU UN Equity WLK UN Equity WY UN Equity WHR UN Equity WTM UN Equity WWAV UN Equity WLL UN Equity WFM UW Equity WMB UN Equity WSM UN Equity WIN UW Equity WEC UN Equity WDAY UN Equity INT UN Equity WPX UN Equity WRB UN Equity GRA UN Equity GWW UN Equity WYN UN Equity WYNN UW Equity XEL UN Equity XRX UN Equity XLNX UW Equity XL UN Equity XYL UN Equity YHOO UW Equity YUM UN Equity ZBRA UW Equity ZMH UN Equity ZION UW Equity ZTS UN Equity ZNGA UW Equity 0 0 0 0 0 0 0 0

Name TIME WARNER INC TIMKEN CO TJX COMPANIES INC TOLL BROTHERS INC TORCHMARK CORP TORO CO TOTAL SYSTEM SERVICES INC TOWERS WATSON & CO-CL A TRACTOR SUPPLY COMPANY TRANSDIGM GROUP INC TRAVELERS COS INC/THE TRIMBLE NAVIGATION LTD TRINITY INDUSTRIES INC TRIPADVISOR INC TRIUMPH GROUP INC TRW AUTOMOTIVE HOLDINGS CORP TUPPERWARE BRANDS CORP TW TELECOM INC TYCO INTERNATIONAL LTD TYSON FOODS INC-CL A UDR INC UGI CORP ULTA SALON COSMETICS & FRAGR ULTRA PETROLEUM CORP UNDER ARMOUR INC-CLASS A UNION PACIFIC CORP UNIT CORP UNITED CONTINENTAL HOLDINGS UNITED PARCEL SERVICE-CL B UNITED RENTALS INC US CELLULAR CORP UNITED STATES STEEL CORP UNITED TECHNOLOGIES CORP UNITED THERAPEUTICS CORP UNITEDHEALTH GROUP INC UNIVERSAL HEALTH SERVICES-B UNUM GROUP URBAN OUTFITTERS INC URS CORP US BANCORP UTI WORLDWIDE INC VALERO ENERGY CORP VALIDUS HOLDINGS LTD VALLEY NATIONAL BANCORP VALMONT INDUSTRIES VALSPAR CORP VANTIV INC - CL A VARIAN MEDICAL SYSTEMS INC VCA ANTECH INC VECTREN CORPORATION VENTAS INC VERIFONE SYSTEMS INC VERISIGN INC VERISK ANALYTICS INC-CLASS A VERIZON COMMUNICATIONS INC VERTEX PHARMACEUTICALS INC VF CORP VIACOM INC-CLASS B VIRGIN MEDIA INC VISA INC-CLASS A SHARES VISHAY INTERTECHNOLOGY INC VISTEON CORP VMWARE INC-CLASS A VORNADO REALTY TRUST VULCAN MATERIALS CO WABCO HOLDINGS INC WABTEC CORP WADDELL & REED FINANCIAL-A WAL-MART STORES INC WALGREEN CO WALT DISNEY CO/THE WALTER ENERGY INC WARNER CHILCOTT PLC-CLASS A WASHINGTON FEDERAL INC WASHINGTON POST-CLASS B WASTE CONNECTIONS INC WASTE MANAGEMENT INC WATERS CORP WEIGHT WATCHERS INTL INC WEINGARTEN REALTY INVESTORS WELLPOINT INC WELLS FARGO & CO WENDY'S CO/THE WESCO INTERNATIONAL INC WESTAR ENERGY INC WESTERN DIGITAL CORP WESTERN UNION CO WESTLAKE CHEMICAL CORP WEYERHAEUSER CO WHIRLPOOL CORP WHITE MOUNTAINS INSURANCE GP WHITEWAVE FOODS CO - CL A WHITING PETROLEUM CORP WHOLE FOODS MARKET INC WILLIAMS COS INC WILLIAMS-SONOMA INC WINDSTREAM CORP WISCONSIN ENERGY CORP WORKDAY INC-CLASS A WORLD FUEL SERVICES CORP WPX ENERGY INC WR BERKLEY CORP WR GRACE & CO WW GRAINGER INC WYNDHAM WORLDWIDE CORP WYNN RESORTS LTD XCEL ENERGY INC XEROX CORP XILINX INC XL GROUP PLC XYLEM INC YAHOO! INC YUM! BRANDS INC ZEBRA TECHNOLOGIES CORP-CL A ZIMMER HOLDINGS INC ZIONS BANCORPORATION ZOETIS INC ZYNGA INC - CL A #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security

GICS_SECTOR_NAME

ATM4 Ref

Dividend Yield

Next ExDividend Date

At The Money Implied Volatilities by Terms

Option Implied Volatility Skew Parameters by Terms: IVt = atx + btx2 + ct

ATM4 ATM4 ATM4 ATM4 ATM4 ATM4 ATM4 Vol - 30D Vol - 60D Vol - 90D Vol - 6M Vol - 12M Vol - 18M Vol - 24M

Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew Skew (a) (a) (a) (a) (a) (a) (a) (b) (b) (b) (b) (b) (b) (b) 30D 60D 90D 6M 12M 18M 24M 30D 60D 90D 6M 12M 18M 24M

Consumer Discretionary 60.86 1.94% 28.08.2013 18.05 Industrials 57.14 1.68% 21.08.2013 29.98 Consumer Discretionary 51.65 1.16% 06.08.2013 18.99 Consumer Discretionary 36.94 33.09 Financials 65.03 1.05% 02.10.2013 14.03 Industrials 47.63 1.28% 06.06.2013 23.11 Information Technology 24.02 1.67% 11.06.2013 18.42 Industrials 77.63 0.32% 18.12.2013 16.22 Consumer Discretionary 114.84 0.91% 22.08.2013 22.45 Industrials 152.69 21.52 Financials 87.34 2.32% 06.09.2013 13.74 Information Technology 28.91 24.34 Industrials 41.19 1.26% 17.10.2013 27.87 Consumer Discretionary 59.59 31.70 Industrials 74.14 0.22% 30.08.2013 23.57 Consumer Discretionary 62.62 23.81 Consumer Discretionary 81.85 3.15% 20.06.2013 20.99 Telecommunication Services 29.46 32.30 Industrials 33.94 1.94% 16.10.2013 20.40 Consumer Staples 25.10 0.80% 29.11.2013 21.73 Financials 26.18 3.63% 12.07.2013 14.06 Utilities 40.62 2.78% 13.09.2013 14.35 Consumer Discretionary 92.97 36.45 Energy 21.42 38.34 Consumer Discretionary 61.13 27.39 Industrials 157.11 1.87% 29.05.2013 17.75 Energy 44.36 28.02 Industrials 34.82 34.21 Industrials 88.46 2.17% 22.08.2013 13.34 Industrials 59.26 35.22 Telecommunication Services 37.79 47.52 Materials 18.13 1.10% 05.08.2013 39.76 Industrials 95.12 2.49% 14.08.2013 13.47 Health Care 68.11 26.10 Health Care 61.48 1.63% 14.06.2013 17.90 Health Care 68.95 0.29% 29.05.2013 25.38 Financials 28.80 2.15% 01.08.2013 20.67 Consumer Discretionary 44.18 33.93 Industrials 46.26 1.84% 13.09.2013 23.31 Financials 34.15 2.81% 26.06.2013 13.19 Industrials 15.91 0.44% 25.06.2013 32.83 Energy 39.96 2.00% 12.08.2013 33.14 Financials 37.91 3.24% 13.09.2013 20.45 Financials 9.17 3.93% 12.06.2013 21.02 Industrials 155.26 0.64% 25.09.2013 24.27 Materials 71.75 1.42% 28.06.2013 19.90 Information Technology 24.78 28.45 Health Care 69.79 18.49 Health Care 24.90 36.16 Utilities 36.10 3.98% 14.08.2013 15.44 Financials 80.92 3.37% 05.06.2013 13.90 Information Technology 23.38 49.89 Information Technology 49.52 21.29 Industrials 60.78 19.72 Telecommunication Services 52.96 3.96% 10.07.2013 15.57 Health Care 79.71 44.11 Consumer Discretionary 185.82 2.01% 13.09.2013 17.93 Consumer Discretionary 69.16 1.74% 14.06.2013 22.17 Consumer Discretionary 50.78 07.09.2013 19.42 Information Technology 181.00 0.80% 14.08.2013 19.27 Information Technology 15.00 31.85 Consumer Discretionary 63.37 22.29 Information Technology 76.81 31.91 Financials 87.17 3.46% 07.08.2013 15.74 Materials 54.66 0.07% 27.08.2013 26.90 Industrials 77.14 22.38 Industrials 111.01 0.11% 15.11.2013 17.42 Financials 46.19 2.51% 10.07.2013 23.83 Consumer Staples 79.50 2.47% 05.03.2014 15.50 Consumer Staples 50.36 2.27% 19.08.2013 20.17 Consumer Discretionary 67.39 1.34% 11.12.2013 18.58 Materials 18.34 3.00% 14.08.2013 73.76 Health Care 19.20 2.60% 27.11.2013 57.12 Financials 17.44 2.24% 01.07.2013 22.65 Consumer Discretionary 452.00 1.13% 23.01.2014 Industrials 38.90 1.39% 02.08.2013 17.40 Industrials 41.73 3.56% 06.09.2013 13.32 Health Care 98.35 16.84 Consumer Discretionary 44.41 1.58% 03.07.2013 30.52 Financials 35.44 3.48% 06.09.2013 14.10 Health Care 77.79 1.78% 05.06.2013 18.38 Financials 38.90 3.08% 07.08.2013 15.00 Consumer Discretionary 5.97 2.68% 04.09.2013 24.94 Industrials 76.97 27.87 Utilities 33.72 4.06% 05.06.2013 26.66 Information Technology 59.59 1.78% 26.06.2013 29.83 Information Technology 16.45 3.22% 13.06.2013 21.31 Materials 92.45 0.88% 04.06.2013 34.19 Financials 32.20 2.86% 28.08.2013 23.41 Consumer Discretionary 128.47 1.95% 28.08.2013 27.54 Financials 590.11 0.34% 20.03.2014 Consumer Staples 18.36 48.29 Energy 46.11 32.90 Consumer Staples 103.12 0.87% 26.06.2013 21.69 Energy 36.40 4.17% 05.06.2013 21.24 Consumer Discretionary 55.92 2.29% 24.07.2013 30.99 Telecommunication Services 8.49 11.78% 27.09.2013 24.60 Utilities 43.32 3.30% 12.08.2013 13.25 Information Technology 68.67 44.71 Energy 41.41 0.36% 26.06.2013 22.65 Energy 18.09 36.97 Financials 42.54 0.94% 12.06.2013 13.13 Materials 78.97 20.08 Industrials 260.22 1.44% 15.08.2013 17.98 Consumer Discretionary 63.49 1.91% 20.08.2013 21.84 Consumer Discretionary 141.35 2.19% 31.07.2013 23.91 Utilities 30.30 3.70% 18.06.2013 12.64 Information Technology 8.97 2.56% 28.06.2013 22.65 Information Technology 38.65 2.66% 05.08.2013 19.00 Financials 32.64 1.72% 11.09.2013 16.48 Industrials 28.58 1.64% 05.09.2013 21.04 Information Technology 27.52 25.44 Consumer Discretionary 70.39 2.12% 10.07.2013 20.88 Information Technology 46.46 19.29 Health Care 80.74 1.02% 25.06.2013 15.28 Financials 27.02 0.59% 23.08.2013 19.46 Health Care 32.80 25.28 Information Technology 3.57 53.61 #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security #N/A Invalid Security

17.96 31.23 17.69 32.54 14.77 22.72 18.71 15.91 22.90 22.04 14.85 25.71 28.38 33.76 24.11 23.74 21.62 29.68 20.60 21.43 14.06 15.33 34.70 39.90 27.09 18.64 29.20 35.95 13.68 37.33 53.35 38.97 15.05 27.75 18.88 24.76 21.42 32.80 22.24 14.49 30.30 34.29 16.44 20.98 25.51 19.79 28.30 22.03 32.97 15.29 14.39 46.08 21.68 18.99 16.62 42.92 19.76 22.25 17.04 19.89 30.20 24.17 32.44 15.86 27.78 24.79 17.15 24.58 14.32 22.84 18.81 71.79 50.11 23.26

18.74 31.70 17.64 32.41 15.32 22.58 18.87 16.27 23.92 22.52 15.36 26.63 29.07 34.95 24.39 24.34 22.55 28.50 21.16 22.62 14.45 15.89 33.64 40.60 28.22 19.28 29.92 37.07 13.93 38.42 48.68 38.65 15.83 28.78 19.61 25.09 21.99 32.17 22.34 15.11 28.99 34.95 13.78 20.92 26.16 20.36 28.66 23.41 31.19 15.22 14.97 44.38 23.21 18.77 16.80 43.11 20.79 22.50 16.32 20.28 30.57 25.21 33.39 16.06 28.34 26.07 16.98 25.01 14.38 23.37 19.53 70.45 44.16 23.59

20.66 31.37 18.81 33.14 16.48 22.75 18.58

21.92

22.59

20.11 32.86

21.16 33.20

25.88 23.60 15.89 28.00

26.75

27.24

17.01

17.76

36.36 24.55 26.15

36.81

37.36

22.16 23.76

23.05 24.39

24.05 25.34

32.47 40.41 31.11 20.05 30.92 38.93 14.43 39.16

32.25 41.48 32.70 21.42

32.40 40.37 33.42 22.67

39.35 15.36 39.20

40.44 15.75 39.26

38.68 17.22 30.21 20.97

39.71 19.14

40.78 20.48

23.11

24.18

18.56 13.70 19.79 29.90 14.26 19.23 16.61 24.72 29.31 20.22 30.59 23.51 35.04 23.86 29.63

19.18 14.14 21.01 31.12 14.58 19.92 17.17 25.22 29.90 15.85 32.08 24.43 35.65 24.27 30.58

19.74 14.78 21.26 34.31

46.05 33.63 25.07 22.48 27.54 25.58 13.26 42.57 26.00 36.59 13.11 20.43 19.86 22.71 24.93 13.21 24.54 20.67 16.84 20.96 28.16 23.02 20.63 16.62 19.13 27.11 53.78

45.13 34.19 26.53 24.39 25.94 25.66 13.30 41.34 27.50 36.60 14.21 20.94 20.61 23.19 25.45 13.38 25.61 21.49 17.82 20.65 28.51 23.52 21.23 17.34 19.94 27.76 56.53

22.91 31.85 16.41 29.01 35.73 15.09 21.01 27.04 30.33 23.50 30.05 14.94 16.13 43.66 25.58 19.29 16.87 45.22 21.64 23.41 16.41 21.07

31.15

31.40

18.18

19.11

36.05

37.37

43.02 26.16

42.18 26.41

17.96 47.48

19.09 47.93

25.93 15.05 21.91

27.29 14.78 22.92

26.16 35.20

26.42 36.46

16.09 23.76 22.33 65.59 28.82

17.11 24.24 23.70 65.16 26.40

15.37

16.06

35.63

36.31

22.29 19.33

23.12 20.41

12.72 34.31 24.25

34.33 24.32

34.52 25.20

24.82 31.19

25.41 30.82

26.11 31.87

35.12 26.96 25.54 27.07 24.15

37.29 26.82 26.45 28.64 24.25

36.58 27.42 27.41 29.82 23.93

26.42 34.68 16.77 29.05 27.37 25.54 15.31 23.26 20.98 68.46 35.30

21.40 17.66 27.93

40.24 28.13 37.54 22.78 23.38 25.82 14.17 27.13 22.02 19.77

24.89

26.11

25.98

25.98

29.32 22.73

30.63 24.00

27.96 23.15 21.23 18.14 22.51

29.12 23.48

30.22 24.69

24.56

25.23

60.06

60.18

61.22

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Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

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0.005

0.017 0.005 0.007 0.008 0.003 0.001 0.001 0.001 0.006 0.007 0.005 0.005 0.007 0.006 0.008 0.003 0.007 0.003 0.013 0.003 0.020 0.000 0.005 0.010 0.004 0.015 0.002 0.017 0.012 0.009 0.016 0.009 0.013 0.002 0.012 0.004 0.009 0.007 0.007 0.020 0.000 0.011 0.000 0.000 0.004 0.003 0.003 0.009 0.000 0.000 0.002 0.007 0.016 0.000 0.015 0.005 0.009 0.008 0.023 0.017 0.006 0.002 0.002 0.004 0.013 0.007 0.006 0.011 0.015 0.018 0.015 0.004 -0.006 0.000

0.012 0.004 0.010 0.005 0.005 0.004 0.000 0.004 0.004 0.006 0.009 0.006 0.007 0.004 0.006 0.007 0.008 0.003 0.011 0.009 0.019 0.000 0.004 0.006 0.004 0.010 0.003 0.010 0.011 0.005 0.009 0.008 0.011 0.003 0.009 0.008 0.008 0.004 0.011 0.014 -0.001 0.006 0.000 0.001 0.006 0.009 0.007 0.006 0.003 0.004 0.006 0.004 0.010 0.002 0.011 0.004 0.008 0.007 0.019 0.010 0.004 0.003 0.003 0.006 0.009 0.006 0.007 0.009 0.012 0.016 0.011 0.003 0.003 0.000

0.009 0.004 0.009 0.003 0.006 0.005 0.000 0.005 0.003 0.004 0.008 0.006 0.006 0.003 0.005 0.006 0.007 0.003 0.008 0.007 0.013 0.001 0.003 0.004 0.003 0.008 0.003 0.005 0.009 0.003 0.004 0.006 0.009 0.003 0.007 0.007 0.007 0.003 0.010 0.011 -0.001 0.004 0.000 0.002 0.007 0.009 0.008 0.004 0.004 0.005 0.007 0.002 0.006 0.003 0.010 0.002 0.007 0.006 0.014 0.007 0.003 0.003 0.002 0.006 0.006 0.005 0.005 0.007 0.010 0.012 0.008 0.002 0.003 0.000

0.004 0.002 0.004 0.001 0.005 0.004 0.005

0.002

0.001

0.002 0.001

0.001 0.001

0.002 0.002 0.004 0.003

0.002

0.002

0.002

0.001

0.001 0.003 0.003

0.001

0.001

0.003 0.004

0.001 0.002

0.001 0.001

0.002 0.002 0.001 0.004 0.002 0.002 0.007 0.002

0.002 0.001 0.001 0.002

0.001 0.001 0.001 0.001

0.001 0.004 0.001

0.001 0.002 0.001

0.003 0.006 0.001 0.004

0.002 0.004

0.001 0.002

0.002

0.002

0.002

0.001

0.004

0.003

0.001

0.001

0.001 0.001

0.000 0.001

0.003 0.001

0.002 0.001

0.001 0.005 0.003

0.001 0.004 0.002

0.001 0.001

0.001 0.000

0.004 0.002 0.002 0.000 0.001

0.002 0.001 0.002 0.000 0.000

0.000 0.002 0.008 0.007 0.000 0.015 0.016 0.000 0.007 0.000 0.011 0.003 0.009 0.011 0.008

0.001 0.010 0.009 0.006 0.000 0.011 0.013 0.012 0.010 0.001 0.006 0.009 0.004 0.011 0.005

0.002 0.010 0.008 0.005 0.001 0.008 0.010 0.013 0.009 0.001 0.004 0.010 0.002 0.008 0.003

0.002 0.005 0.004 0.002

0.003

0.002

0.001

0.001

0.001 0.003

0.001 0.002

0.002 0.002 0.004

0.001 0.003

0.001 0.002

0.004 0.002

0.002 0.001

0.002 0.001

0.013 0.011 0.013 0.020 0.000 0.000 0.001 0.007 0.000 0.006 0.002 0.013 0.012 0.006 0.012 0.000 0.005 0.014 0.015 0.002 0.013 0.012 0.000 0.003 0.012 0.000 0.006

0.008 0.006 0.008 0.010 0.003 0.007 0.001 0.005 0.004 0.006 0.002 0.009 0.007 0.009 0.007 0.009 0.009 0.009 0.011 0.002 0.010 0.007 0.003 0.006 0.010 0.001 0.003

0.005 0.004 0.005 0.005 0.004 0.009 0.001 0.004 0.005 0.005 0.004 0.006 0.005 0.009 0.004 0.012 0.007 0.006 0.008 0.005 0.007 0.005 0.004 0.006 0.007 0.001 0.002

0.002 0.002 0.002 0.002 0.006

0.001 0.001 0.001 0.001 0.004

0.001 0.001 0.001 0.001 0.004

0.001

0.001

0.001

0.001

0.002 0.002

0.002 0.001

0.003 0.003 0.004 0.004 0.003

0.002 0.002

0.001 0.001

0.001

0.001

0.000

0.001

0.001

0.004 0.002 0.006 0.001 0.002 0.010 0.004 0.006 0.002 0.002 0.003 0.005 0.005 0.002 0.002 0.002 0.006 0.001 0.004 0.003 0.004 0.003 0.002 0.001 0.004 0.002 0.003 0.003 0.006 0.005 0.004 0.001 0.001

0.004 0.006 0.002

0.002 0.002 0.001 0.004 0.004 0.002 0.006 0.003 0.004 0.004


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