S&P-TSX 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

S&P / TSX 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

AAV CT Equity

ADVANTAGE OIL & GAS LTD

Energy

3.78

55.61

45.14

44.96

-0.337 -0.131 -0.111

0.046

0.012

0.008

ARE CT Equity

AECON GROUP INC

Industrials

11.29

2.83%

19.06.2013

30.11

27.94

27.87

0.019 -0.039 -0.031

0.052

0.018

0.013

AGF/B CT Equity

AGF MANAGEMENT LTD-CLASS B

Financials

11.76

9.27%

04.07.2013

27.87

29.13

29.54

-0.520 -0.107 -0.085

0.082

0.025

0.015

AEM CT Equity

AGNICO EAGLE MINES LTD

Materials

29.79

3.08%

28.08.2013

43.04

41.24

41.27

41.57

0.263 -0.008 -0.009 -0.007

0.019

0.002

0.001

0.000

AGU CT Equity

AGRIUM INC

Materials

92.37

2.43%

27.09.2013

24.59

23.23

23.33

24.06

-0.254 -0.155 -0.148 -0.127 -0.077 -0.047

0.056

0.014

0.009

0.003

AIM CT Equity

AIMIA INC

Consumer Discretionary

15.12

4.50%

11.09.2013

39.70

30.45

29.89

-0.198 -0.398 -0.443

0.046

0.022

0.018

ASR CT Equity

ALACER GOLD CORP

Materials

2.58

97.39

77.68

73.90

-0.079 -0.119 -0.252

0.026

0.004

0.002

AGI CT Equity

ALAMOS GOLD INC

Materials

14.06

1.88%

09.10.2013

55.32

49.96

48.47

-0.266 -0.129 -0.101

0.038

0.007

0.005

AQN CT Equity

ALGONQUIN POWER & UTILITIES

Utilities

8.06

4.25%

25.09.2013

23.39

21.48

21.40

-0.305 -0.129 -0.088

0.073

0.027

0.019

ATD/B CT Equity

ALIMENTATION COUCHE-TARD -B

Consumer Staples

59.84

0.58%

17.07.2013

26.82

26.21

26.87

-0.466 -0.139 -0.153 -0.062

0.026

0.003

0.004

AP-U CT Equity

ALLIED PROPERTIES REAL ESTAT

Financials

34.07

4.02%

29.05.2013

14.14

13.41

14.24

-0.196 -0.126 -0.118

0.043

0.015

0.010

ALA CT Equity

ALTAGAS LTD

Energy

38.95

3.81%

25.06.2013

14.44

11.53

11.97

-0.775 -0.381 -0.318

0.049

0.021

0.017

ARX CT Equity

ARC RESOURCES LTD

Energy

26.84

4.47%

28.08.2013

23.83

22.76

23.20

-0.301 -0.289 -0.277

0.025

0.013

0.010

AR CT Equity

ARGONAUT GOLD INC

Materials

6.46

88.13

61.88

60.83

-0.876 -0.207 -0.157

0.083

0.022

0.012

AX-U CT Equity

ARTIS REAL ESTATE INVESTMENT

Financials

16.66

6.48%

26.06.2013

13.82

11.96

13.17

-0.418 -0.176 -0.143

0.068

0.029

0.021

ACM/A CT Equity ASTRAL MEDIA INC-A

Consumer Discretionary

48.65

2.06%

12.07.2013

22.45

16.99

19.21

22.31

-0.491 -0.501 -0.376 -0.230

0.059

0.037

0.020 -0.005

ACO/X CT Equity ATCO LTD -CLASS I

Utilities

94.71

1.61%

06.09.2013

ATH CT Equity

ATHABASCA OIL CORP

Energy

5.68

81.77

76.17

74.89

71.04

-0.704 -0.266 -0.165 -0.094 -0.047 0.019

0.049

0.007

0.003

ATP CT Equity

ATLANTIC POWER CORP

Utilities

5.30

7.53%

26.06.2013

61.06

57.67

56.86

-0.607 -0.180 -0.162

0.075

0.013

0.009

AUQ CT Equity

AURICO GOLD INC

Materials

4.81

3.39%

02.07.2013

59.78

58.26

57.70

-0.385 0.125

0.134

0.078

0.005

0.001

ARZ CT Equity

AURIZON MINES LTD

Materials

184.99

102.63

84.28

-1.773 -0.653 -0.352

0.188

0.050

0.016

BTO CT Equity

B2GOLD CORP

Materials

2.27

BMO CT Equity

BANK OF MONTREAL

Financials

61.30

4.96%

30.07.2013

13.31

13.55

14.03

14.17

15.69

17.08

-0.312 -0.263 -0.251 -0.226 -0.212 -0.172

0.061

0.028

0.022

0.010

0.004

0.003

BNS CT Equity

BANK OF NOVA SCOTIA

Financials

58.18

4.28%

28.06.2013

13.01

12.36

12.47

13.55

15.12

16.55

-0.263 -0.144 -0.135 -0.161 -0.164 -0.114

0.068

0.030

0.024

0.010

0.004

0.003

BNK CT Equity

BANKERS PETROLEUM LTD

Energy

2.80

65.35

57.92

56.85

-0.321 -0.161 -0.249

0.072

0.010

0.005

BAA CT Equity

BANRO CORPORATION

Materials

1.11

389.37

188.46

159.07

0.000

0.000

0.000

0.000

ABX CT Equity

BARRICK GOLD CORP

Materials

20.29

3.26%

30.08.2013

45.17

42.00

41.43

-0.197 -0.105 -0.093 -0.059 -0.008 0.052

0.043

0.007

0.005

0.002

0.001

0.000

BTE CT Equity

BAYTEX ENERGY CORP

Energy

38.00

7.21%

29.05.2013

25.75

24.17

24.10

-0.067 -0.136 -0.167

0.054

0.014

0.011

BCE CT Equity

BCE INC

Telecommunication Services 48.12

4.90%

12.09.2013

12.20

11.52

11.88

-0.169 -0.068 -0.079 -0.066 -0.095 -0.037

0.067

0.033

0.024

0.012

0.004

0.003

BA CT Equity

BELL ALIANT INC

Telecommunication Services 27.85

6.82%

13.09.2013

10.01

8.57

9.02

-0.555 -0.131 -0.112

0.036

0.015

0.011

BIR CT Equity

BIRCHCLIFF ENERGY LTD

Energy

7.80

43.13

40.17

39.82

-0.618 -0.221 -0.151

0.082

0.015

0.009

BDI CT Equity

BLACK DIAMOND GROUP LTD

Industrials

22.33

3.85%

26.06.2013

29.47

26.08

26.05

-0.770 -0.289 -0.267

0.051

0.022

0.015

PXX CT Equity

BLACKPEARL RESOURCES INC

Energy

2.11

76.29

49.50

49.28

0.524

0.034

0.006

0.003

BEI-U CT Equity

BOARDWALK REAL ESTATE INVEST

Financials

64.77

3.06%

29.05.2013

BBD/B CT Equity BOMBARDIER INC-B

Industrials

4.58

2.18%

11.09.2013

38.84

34.15

33.68

0.084

0.033

0.026

0.011

0.003

0.000

BNP CT Equity

BONAVISTA ENERGY CORP

Energy

15.65

5.37%

29.05.2013

30.67

27.65

27.64

-0.609 -0.218 -0.166

0.060

0.013

0.009

BNE CT Equity

BONTERRA ENERGY CORP

Energy

49.53

6.99%

12.06.2013

BAM/A CT Equity BROOKFIELD ASSET MANAGE-CL A

Financials

39.05

1.59%

30.10.2013

29.98

20.05

17.18

-0.469 -0.322 -0.289

0.028

0.010

0.007

BPO CT Equity

BROOKFIELD OFFICE PROPERTIES

Financials

19.34

2.95%

28.08.2013

16.84

14.02

14.86

-0.909 -0.485 -0.391

0.065

0.028

0.021

CAE CT Equity

CAE INC

Industrials

10.79

1.85%

12.06.2013

25.01

21.40

20.84

-0.525 -0.475 -0.375 -0.187

0.100

0.044

0.032

CFW CT Equity

CALFRAC WELL SERVICES LTD

Energy

27.77

3.78%

13.06.2013

22.73

21.91

22.86

-0.619 -0.158 -0.139

0.053

0.020

0.014

CWT-U CT Equity CALLOWAY REAL ESTATE INVESTM

Financials

30.11

5.27%

27.05.2013

18.84

14.46

14.06

-0.043 -0.069 -0.054

0.047

0.025

0.019

CCO CT Equity

-0.373 -0.176 -0.123 -0.069 -0.023 0.003

CAMECO CORP

3.87

24.48

25.07

27.11

69.08

67.17

41.03

41.13

41.31

12.29

12.52

13.38

32.83

34.83

37.14

21.34

0.000

0.095

0.000

0.041

-0.339 -0.268 -0.242 -0.099 0.021

0.120

0.001

0.001

0.001

0.000 -0.003 -0.003

0.009

Energy

21.12

1.94%

25.09.2013

26.60

25.17

25.58

27.25

28.54

29.64

0.050

0.013

0.010

0.004

0.002

0.002

CAR-U CT Equity CAN APARTMENT PROP REAL ESTA

Financials

25.40

4.55%

29.05.2013

12.90

11.80

12.75

-0.471 -0.298 -0.276

0.044

0.018

0.014

CM CT Equity

CAN IMPERIAL BK OF COMMERCE

Financials

78.35

4.95%

26.06.2013

14.17

13.57

13.35

13.74

15.44

16.93

-0.303 -0.167 -0.147 -0.163 -0.148 -0.091

0.066

0.027

0.021

0.010

0.003

0.001

CNR CT Equity

CANADIAN NATL RAILWAY CO

Industrials

103.60

1.69%

06.09.2013

14.22

14.49

14.94

15.97

17.27

18.53

-0.381 -0.234 -0.220 -0.189 -0.144 -0.107

0.058

0.026

0.018

0.006

0.003

0.002

CNQ CT Equity

CANADIAN NATURAL RESOURCES

Energy

29.55

1.73%

11.09.2013

24.35

25.35

26.76

27.62

28.86

30.49

-0.279 -0.188 -0.184 -0.148 -0.111 -0.080

0.056

0.017

0.007

0.002

0.001

0.000

COS CT Equity

CANADIAN OIL SANDS LTD

Energy

20.10

7.71%

21.08.2013

31.87

23.50

20.77

21.13

21.99

22.55

-0.188 -0.090 -0.092 -0.070 -0.034 0.026

0.059

0.023

0.018

0.006

0.004

0.004

CP CT Equity

CANADIAN PACIFIC RAILWAY LTD

Industrials

137.37

1.02%

25.09.2013

26.60

23.56

24.17

-0.950 -0.354 -0.279

0.032

0.011

0.009

REF-U CT Equity CAN REAL ESTATE INVEST TRUST

Financials

46.90

3.52%

29.05.2013

16.90

15.09

15.54

-0.084 -0.034 -0.045

0.029

0.008

0.005

CTC/A CT Equity CANADIAN TIRE CORP-CLASS A

Consumer Discretionary

83.82

1.79%

29.10.2013

32.05

22.28

19.19

-0.607 -0.293 -0.222 -0.135

0.026

0.012

0.009

CU CT Equity

CANADIAN UTILITIES LTD-A

Utilities

79.44

2.54%

07.08.2013

15.90

15.32

15.92

-0.083 -0.274 -0.277

0.015

0.012

0.011

CWB CT Equity

CANADIAN WESTERN BANK

Financials

28.14

2.63%

18.06.2013

15.29

14.59

15.38

-0.082 0.053

0.047

0.039

0.019

0.015

CUS CT Equity

CANEXUS CORP

Materials

8.62

6.35%

25.09.2013

32.25

24.80

24.64

-0.151 -0.171 -0.176

0.062

0.026

0.019

CFP CT Equity

CANFOR CORP

Materials

18.63

34.12

32.01

32.03

0.303 -0.154 -0.170

0.036

0.011

0.009

CPX CT Equity

CAPITAL POWER CORP

Utilities

21.80

5.78%

25.09.2013

20.89

17.93

17.92

-0.355 -0.119 -0.081

0.035

0.015

0.011

CS CT Equity

CAPSTONE MINING CORP

Materials

2.26

72.08

58.29

58.91

-0.071 -0.022 0.013

0.026

0.007

0.004

CCT CT Equity

CATAMARAN CORP

Health Care

54.25

35.63

34.83

35.07

-0.200 -0.167 -0.168

0.043

0.006

0.005

CCL/B CT Equity

CCL INDUSTRIES INC - CL B

Materials

65.65

CLS CT Equity

CELESTICA INC

Information Technology

8.92

31.77

27.08

28.40

30.69

-0.707 -0.354 -0.251 -0.099

0.096

0.036

0.022

0.003

CVE CT Equity

CENOVUS ENERGY INC

Energy

30.18

3.33%

11.09.2013

24.40

23.55

23.72

24.59

25.27

25.65

-0.307 -0.217 -0.201 -0.146 -0.075 -0.044

0.058

0.018

0.013

0.003

0.000

0.000

CG CT Equity

CENTERRA GOLD INC

Materials

3.93

4.33%

27.08.2013

91.84

82.03

77.97

70.76

71.57

72.23

-0.510 0.092

0.046

0.001

0.002

0.001

0.003

0.006

GIB/A CT Equity

CGI GROUP INC - CLASS A

Information Technology

32.62

25.36

23.80

23.60

24.39

-0.746 -0.383 -0.241 -0.132

0.053

0.017

0.009

0.004

CSH-U CT Equity CHARTWELL RETIREMENT RESIDEN

Financials

11.28

41.11

22.28

20.90

-0.572 -0.182 -0.172

0.113

0.061

0.050

CGG CT Equity

Materials

0.008

0.002

0.001

0.003

0.002

0.003

0.003

CHINA GOLD INTERNATIONAL RES

1.33%

19.68

0.005

13.09.2013

4.79%

26.06.2013

2.98

0.046 -0.065 -0.041 0.094

106.70

72.87

69.37

-0.260 -0.043 -0.158

0.028

0.002

0.001

CHR/B CT Equity CHORUS AVIATION INC - B

Industrials

2.48

12.10%

26.06.2013

CIX CT Equity

CI FINANCIAL CORP

Financials

29.81

3.89%

27.09.2013

17.45

15.41

15.74

-0.518 -0.257 -0.246

0.042

0.022

0.017

CGX CT Equity

CINEPLEX INC

Consumer Discretionary

34.04

4.14%

29.05.2013

13.63

13.87

14.66

-0.142 -0.176 -0.168

0.038

0.017

0.013

CLC CT Equity

CML HEALTHCARE INC

Health Care

7.69

6.89%

27.06.2013

26.99

19.76

19.74

-0.340 -0.129 -0.101

0.078

0.034

0.025

CCA CT Equity

COGECO CABLE INC

Consumer Discretionary

44.76

2.46%

22.07.2013

22.55

20.33

20.91

-0.172 -0.221 -0.168

0.027

0.014

0.011

CUF-U CT Equity COMINAR REAL ESTATE INV-TR U

Financials

23.82

6.21%

29.05.2013

12.39

11.29

12.15

-0.197 -0.074 -0.078

0.035

0.012

0.008

CSU CT Equity

CONSTELLATION SOFTWARE INC

Information Technology

137.71

2.96%

10.09.2013

CJR/B CT Equity

CORUS ENTERTAINMENT INC-B SH

Consumer Discretionary

24.65

4.15%

13.08.2013

20.38

19.40

19.69

-0.078 -0.233 -0.211

0.031

0.016

0.014

BCB CT Equity

COTT CORPORATION

Consumer Staples

8.88

2.70%

03.09.2013

28.81

25.81

26.43

-0.116 -0.129 -0.155

0.070

0.021

0.015

CPG CT Equity

CRESCENT POINT ENERGY CORP

Energy

37.47

7.37%

26.06.2013

18.01

17.14

17.29

-0.372 -0.142 -0.136 -0.119 -0.055 -0.050

0.068

0.025

0.019

CR CT Equity

CREW ENERGY INC

Energy

6.71

45.47

41.20

41.52

-0.543 -0.219 -0.137

0.092

0.019

0.014

CRR-U CT Equity CROMBIE REAL ESTATE INVESTME

Financials

15.47

5.75%

29.05.2013

DH CT Equity

DAVIS & HENDERSON CORP

Financials

23.00

5.65%

28.08.2013

17.10

17.07

17.74

-0.240 -0.164 -0.164

0.059

0.023

0.017

DGC CT Equity

DETOUR GOLD CORP

Materials

9.89

85.53

73.58

69.82

-0.419 -0.189 -0.168

0.031

0.007

0.006

DOL CT Equity

DOLLARAMA INC

Consumer Discretionary

72.46

0.81%

03.07.2013

22.83

20.79

20.58

-0.376 -0.155 -0.157

0.030

0.008

0.008

DDC CT Equity

DOMINION DIAMOND CORP

Materials

15.66

0.20%

13.06.2013

34.54

32.14

32.12

-0.313 -0.293 -0.249

0.054

0.017

0.013

DII/B CT Equity

DOREL INDUSTRIES-CL B

Consumer Discretionary

41.23

2.96%

20.08.2013

DC/A CT Equity

DUNDEE CORP -CL A

Financials

37.45

28.48

19.22

19.38

-0.528 -0.319 -0.278

0.047

0.020

0.014

DPM CT Equity

DUNDEE PRECIOUS METALS INC

Materials

4.68

70.16

61.87

59.66

-0.855 -0.197 -0.143

0.058

0.004

0.004

D-U CT Equity

DUNDEE REAL ESTATE INVESTM-A

Financials

36.37

6.16%

29.05.2013

12.45

11.30

12.07

-0.216 -0.080 -0.069

0.033

0.013

0.009

ELD CT Equity

ELDORADO GOLD CORP

Materials

7.15

2.80%

07.08.2013

51.41

47.84

46.63

-0.447 -0.190 -0.061 -0.027 -0.009 0.034

0.071

0.009

0.006

EFN CT Equity

ELEMENT FINANCIAL CORP

Financials

10.44

37.08

28.78

28.50

-0.445 -0.300 -0.260

0.053

0.017

0.012

EMA CT Equity

EMERA INC

Utilities

36.30

3.96%

30.07.2013

13.16

11.66

12.38

13.48

-0.424 -0.213 -0.261 -0.180

0.042

0.016

0.014

0.006

EMP/A CT Equity EMPIRE CO LTD 'A'

Consumer Staples

69.51

1.50%

12.07.2013

ENB CT Equity

ENBRIDGE INC

Energy

47.75

2.77%

13.08.2013

14.43

13.73

13.93

14.74

15.74

16.85

-0.288 -0.169 -0.162 -0.157 -0.136 -0.103

0.069

0.030

0.023

0.009

0.004

ENF CT Equity

ENBRIDGE INCOME FUND HOLDING

Energy

26.09

5.17%

02.07.2013

15.37

15.26

16.46

-0.808 -0.229 -0.167

0.037

0.013

0.009

ECA CT Equity

ENCANA CORP

Energy

18.79

4.34%

11.09.2013

28.88

27.85

28.01

28.44

30.05

31.95

-0.244 -0.153 -0.134 -0.081 -0.031 -0.007

0.054

0.012

0.008

0.003

0.000 -0.001

EDR CT Equity

ENDEAVOUR SILVER CORP

Materials

4.16

83.51

62.21

61.98

-0.477 -0.098 -0.054

0.063

0.017

0.012

EFX CT Equity

ENERFLEX LTD

Energy

13.75

2.04%

10.09.2013

25.29

22.93

23.21

-0.530 -0.341 -0.270

0.079

0.026

0.018

ERF CT Equity

ENERPLUS CORP

Energy

15.52

7.93%

05.06.2013

28.87

25.72

26.34

-0.739 -0.197 -0.177

0.057

0.023

0.017

ESI CT Equity

ENSIGN ENERGY SERVICES INC

Energy

16.01

2.81%

18.09.2013

26.12

24.96

25.14

0.291 -0.157 -0.157

0.046

0.020

0.016

EXE CT Equity

EXTENDICARE INC

Health Care

6.97

6.89%

26.06.2013

65.82

46.71

43.40

-0.587 -0.308 -0.260

0.129

0.040

0.024

FFH CT Equity

FAIRFAX FINANCIAL HLDGS LTD

Financials

431.00

2.36%

15.01.2014

FTT CT Equity

FINNING INTERNATIONAL INC

Industrials

22.08

2.76%

21.08.2013

25.12

23.63

24.27

-0.370 -0.283 -0.226 -0.134

0.067

0.027

0.017

FCR CT Equity

FIRST CAPITAL REALTY INC

Financials

19.44

4.32%

25.09.2013

14.32

11.28

12.05

-0.393 -0.196 -0.145

0.046

0.028

0.022

FR CT Equity

FIRST MAJESTIC SILVER CORP

Materials

10.62

61.41

54.92

53.56

50.89

50.89

50.89

-0.477 -0.190 -0.164 -0.119 -0.119 -0.119

0.048

0.006

0.004

0.002

0.002

0.002

FM CT Equity

FIRST QUANTUM MINERALS LTD

Materials

18.68

1.33%

27.08.2013

45.96

44.94

45.35

44.98

45.44

44.94

-0.504 -0.269 -0.222 -0.168 -0.117 -0.095

0.061

0.011

0.007

0.003

0.001

0.001

FSV CT Equity

FIRSTSERVICE CORP

Financials

33.34

0.31%

FTS CT Equity

FORTIS INC

Utilities

33.53

3.82%

13.11.2013

13.17

13.42

13.69

0.187

0.043

0.022

0.016

FVI CT Equity

FORTUNA SILVER MINES INC

Materials

2.72

95.76

72.35

69.97

-0.342 -0.022 -0.095 -0.196 -0.115 -0.033

0.032

0.005

0.003

0.000

0.000

0.000

FNV CT Equity

FRANCO-NEVADA CORP

Materials

41.72

1.76%

08.10.2013

36.24

34.02

33.61

-0.327 -0.162 -0.132

0.049

0.006

0.004

FRU CT Equity

FREEHOLD ROYALTIES LTD

Energy

24.14

6.96%

29.05.2013

21.74

19.34

19.51

-0.379 -0.332 -0.306

0.028

0.013

0.010

GBU CT Equity

GABRIEL RESOURCES LTD

Materials

1.81

125.58

116.19

118.56

0.092

0.025

0.006

0.003

0.002

GNV CT Equity

GENIVAR INC

Industrials

23.98

6.26%

25.09.2013

20.43

19.62

20.33

-0.063 -0.084 -0.097

0.033

0.010

0.008

MIC CT Equity

GENWORTH MI CANADA INC

Financials

23.87

5.74%

13.08.2013

38.19

37.23

37.50

-0.221 -0.729 -0.795

0.035

0.014

0.012

WN CT Equity

WESTON (GEORGE) LTD

Consumer Staples

81.70

2.03%

12.06.2013

24.29

18.20

16.66

-0.678 -0.309 -0.244

0.028

0.012

0.009

GEI CT Equity

GIBSON ENERGY INC

Energy

26.52

4.19%

25.09.2013

22.38

19.66

19.83

-0.604 -0.244 -0.193

0.025

0.012

0.010

GIL CT Equity

GILDAN ACTIVEWEAR INC

Consumer Discretionary

42.57

0.86%

13.08.2013

29.82

22.59

21.83

-0.582 -0.295 -0.253

0.036

0.015

0.012

G CT Equity

GOLDCORP INC

Materials

28.30

2.25%

11.06.2013

35.97

34.05

34.08

0.047

0.008

0.005

0.001

0.000

0.000

GRT-U CT Equity GRANITE REAL ESTATE INVESTME

Financials

39.48

5.37%

29.05.2013

15.45

14.61

15.47

-0.244 -0.209 -0.199

0.043

0.017

0.012

GWO CT Equity

GREAT-WEST LIFECO INC

Financials

28.28

4.39%

28.08.2013

15.24

13.62

13.91

-0.463 -0.242 -0.258

0.042

0.025

0.020

HR-U CT Equity

H&R REAL ESTATE INV-REIT UTS

Financials

24.60

6.58%

15.07.2013

13.40

11.27

11.77

-0.437 0.179

HCG CT Equity

HOME CAPITAL GROUP INC

Financials

50.56

2.35%

14.08.2013

34.27

29.03

28.91

HBM CT Equity

HUDBAY MINERALS INC

Materials

7.92

2.53%

11.09.2013

45.61

41.46

40.26

38.89

HSE CT Equity

HUSKY ENERGY INC

Energy

30.15

3.98%

19.08.2013

23.65

21.38

20.86

21.17

0.003

0.003

IMG CT Equity

IAMGOLD CORP

Materials

5.17

4.93%

26.06.2013

58.62

56.37

55.93

53.72

IGM CT Equity

IGM FINANCIAL INC

Financials

47.27

4.63%

25.09.2013

16.75

16.63

16.98

IMO CT Equity IAG CT Equity

IMPERIAL OIL LTD INDUSTRIAL ALLIANCE INSURANC

Energy Financials

39.45 37.71

1.27% 3.54%

28.08.2013 14.08.2013

16.60 18.19

17.29 17.07

20.07 18.19

18.06

45.38

19.75

47.16

20.42

48.75

25.63

67.98

34.13

20.93 20.74

70.60

34.00

21.60

73.23

34.24

21.92

0.075

0.041

0.022

-0.246 -0.150 -0.125 -0.064 0.009

0.050

0.003

0.209

0.052

0.051

0.044

0.281 -0.209 -0.219

0.032

0.013

0.008

-0.266 -0.131 -0.124 -0.097

0.077

0.022

0.016

0.006

-0.333 -0.173 -0.163 -0.156 -0.135 -0.101

0.048

0.015

0.014

0.005

-0.267 -0.135 -0.009 0.023

0.064

0.017

0.003

0.002

-0.632 -0.337 -0.291

0.035

0.016

0.012

-0.126 -0.165 -0.094 -0.120 -0.451 -0.310 -0.239 -0.111

0.045 0.046

0.011 0.022

0.007 0.015

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

0.003 0.004


15.05.2013

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

At The Money Implied Volatilities by Terms

S&P / TSX Index

Ticker IFC CT Equity IPL-U CT Equity PJC/A CT Equity JE CT Equity KEY CT Equity K CT Equity KGI CT Equity LIF CT Equity LB CT Equity LEG CT Equity LNR CT Equity L CT Equity LUN CT Equity MDA CT Equity MG CT Equity MDI CT Equity MBT CT Equity MFC CT Equity MFI CT Equity MRE CT Equity MEG CT Equity MX CT Equity MRU CT Equity MTL CT Equity NA CT Equity NSU CT Equity NGD CT Equity NKO CT Equity NWC CT Equity NPR-U CT Equity NPI CT Equity NG CT Equity OGC CT Equity OCX CT Equity OTC CT Equity OSK CT Equity PRE CT Equity PAA CT Equity POU CT Equity PKI CT Equity PSI CT Equity PPL CT Equity PGF CT Equity PWT CT Equity PBN CT Equity PMG CT Equity PEY CT Equity POT CT Equity POW CT Equity PWF CT Equity PD CT Equity PG CT Equity PVG CT Equity BIN CT Equity QBR/B CT Equity RET/A CT Equity BB CT Equity RIO CT Equity REI-U CT Equity RCI/B CT Equity RON CT Equity RY CT Equity RMX CT Equity RUS CT Equity SAP CT Equity SVY CT Equity SES CT Equity SMF CT Equity SJR/B CT Equity SCL CT Equity S CT Equity SC CT Equity SSO CT Equity SLW CT Equity SVM CT Equity SNC CT Equity STN CT Equity SLF CT Equity SU CT Equity SPB CT Equity THO CT Equity TLM CT Equity TKO CT Equity TCK/B CT Equity T CT Equity TCM CT Equity TRI CT Equity THI CT Equity X CT Equity TXG CT Equity TIH CT Equity TD CT Equity TOU CT Equity TA CT Equity TRP CT Equity TCL/A CT Equity TFI CT Equity TGL CT Equity TCW CT Equity TET CT Equity TDG CT Equity TRQ CT Equity VRX CT Equity VSN CT Equity VET CT Equity WJX CT Equity WFT CT Equity WJA CT Equity WPT CT Equity WTE CT Equity WCP CT Equity WIN CT Equity YRI CT Equity TCL/A CT Equity TFI CT Equity TGL CT Equity TCW CT Equity TET CT Equity TDG CT Equity UUU CT Equity VRX CT Equity VSN CT Equity VET CT Equity VT CT Equity WFT CT Equity WJA CT Equity

Name INTACT FINANCIAL CORP INTER PIPELINE FUND LP-A JEAN COUTU GROUP INC-CLASS A JUST ENERGY GROUP INC KEYERA CORP KINROSS GOLD CORP KIRKLAND LAKE GOLD INC LABRADOR IRON ORE ROYALTY CO LAURENTIAN BANK OF CANADA LEGACY OIL + GAS INC LINAMAR CORP LOBLAW COMPANIES LTD LUNDIN MINING CORP MACDONALD DETTWILER & ASSOC MAGNA INTERNATIONAL INC MAJOR DRILLING GROUP INTL MANITOBA TELECOM SVCS INC MANULIFE FINANCIAL CORP MAPLE LEAF FOODS INC MARTINREA INTERNATIONAL INC MEG ENERGY CORP METHANEX CORP METRO INC MULLEN GROUP LTD NATIONAL BANK OF CANADA NEVSUN RESOURCES LTD NEW GOLD INC NIKO RESOURCES LTD NORTH WEST CO INC/THE NORTHERN PROPERTY REAL ESTAT NORTHLAND POWER INC NOVAGOLD RESOURCES INC OCEANAGOLD CORP ONEX CORPORATION OPEN TEXT CORP OSISKO MINING CORP PACIFIC RUBIALES ENERGY CORP PAN AMERICAN SILVER CORP PARAMOUNT RESOURCES LTD -A PARKLAND FUEL CORP PASON SYSTEMS INC PEMBINA PIPELINE CORP PENGROWTH ENERGY CORP PENN WEST PETROLEUM LTD PETROBAKKEN ENERGY LTD PETROMINERALES LTD PEYTO EXPLORATION & DEV CORP POTASH CORP OF SASKATCHEWAN POWER CORP OF CANADA POWER FINANCIAL CORP PRECISION DRILLING CORP PREMIER GOLD MINES LTD PRETIUM RESOURCES INC PROGRESSIVE WASTE SOLUTIONS QUEBECOR INC -CL B REITMANS (CANADA) LTD-A RESEARCH IN MOTION RIO ALTO MINING LTD RIOCAN REAL ESTATE INVST TR ROGERS COMMUNICATIONS INC-B RONA INC ROYAL BANK OF CANADA RUBICON MINERALS CORP RUSSEL METALS INC SAPUTO INC SAVANNA ENERGY SERVICES CORP SECURE ENERGY SERVICES INC SEMAFO INC SHAW COMMUNICATIONS INC-B SHAWCOR LTD SHERRITT INTERNATIONAL CORP SHOPPERS DRUG MART CORP SILVER STANDARD RESOURCES SILVER WHEATON CORP SILVERCORP METALS INC SNC-LAVALIN GROUP INC STANTEC INC SUN LIFE FINANCIAL INC SUNCOR ENERGY INC SUPERIOR PLUS CORP TAHOE RESOURCES INC TALISMAN ENERGY INC TASEKO MINES LTD TECK RESOURCES LTD-CLS B TELUS CORP THOMPSON CREEK METALS CO INC THOMSON REUTERS CORP TIM HORTONS INC TMX GROUP LTD TOREX GOLD RESOURCES INC TOROMONT INDUSTRIES LTD TORONTO-DOMINION BANK TOURMALINE OIL CORP TRANSALTA CORP TRANSCANADA CORP TRANSCONTINENTAL INC-CL A TRANSFORCE INC TRANSGLOBE ENERGY CORP TRICAN WELL SERVICE LTD TRILOGY ENERGY CORP TRINIDAD DRILLING LTD TURQUOISE HILL RESOURCES LTD VALEANT PHARMACEUTICALS INTE VERESEN INC VERMILION ENERGY INC WAJAX CORP WEST FRASER TIMBER CO LTD WESTJET AIRLINES LTD WESTPORT INNOVATIONS INC WESTSHORE TERMINALS INVESTME WHITECAP RESOURCES INC WI-LAN INC YAMANA GOLD INC TRANSCONTINENTAL INC-CL A TRANSFORCE INC TRANSGLOBE ENERGY CORP TRICAN WELL SERVICE LTD TRILOGY ENERGY CORP TRINIDAD DRILLING LTD URANIUM ONE INC VALEANT PHARMACEUTICALS INTE VERESEN INC VERMILION ENERGY INC VITERRA INC WEST FRASER TIMBER CO LTD WESTJET AIRLINES LTD

GICS_SECTOR_NAME

ATM Ref

Financials 58.43 Energy 24.20 Consumer Staples 17.02 Utilities 6.26 Energy 61.94 Materials 5.35 Materials 3.66 Materials 30.87 Financials 43.80 Energy 5.30 Consumer Discretionary 27.12 Consumer Staples 46.22 Materials 4.04 Information Technology 68.92 Consumer Discretionary 65.23 Materials 7.38 Telecommunication Services 31.79 Financials 15.86 Consumer Staples 12.18 Consumer Discretionary 9.20 Energy 26.77 Materials 45.75 Consumer Staples 70.30 Energy 20.87 Financials 74.22 Materials 3.54 Materials 6.81 Energy 6.34 Consumer Staples 25.35 Financials 31.50 Utilities 19.23 Materials 2.38 Materials 1.86 Financials 48.53 Information Technology 70.27 Materials 4.08 Energy 21.25 Materials 12.29 Energy 37.52 Energy 17.96 Energy 17.61 Energy 34.09 Energy 5.06 Energy 9.30 Energy 7.91 Energy 5.68 Energy 30.23 Materials 44.28 Financials 28.05 Financials 30.40 Energy 8.06 Materials 1.84 Materials 7.00 Industrials 24.01 Consumer Discretionary 43.82 Consumer Discretionary 8.98 Information Technology 15.53 Materials 3.29 Financials 28.85 Telecommunication Services 48.67 Consumer Discretionary 10.25 Financials 60.80 Materials 1.62 Industrials 26.77 Consumer Staples 51.79 Energy 7.04 Energy 13.41 Materials 1.70 Consumer Discretionary 23.10 Energy 42.68 Materials 4.56 Consumer Staples 46.55 Materials 6.61 Materials 23.01 Materials 2.67 Industrials 41.86 Industrials 43.84 Financials 29.72 Energy 32.07 Utilities 12.67 Materials 15.00 Energy 11.52 Materials 2.16 Materials 27.37 Telecommunication Services 37.15 Materials 3.37 Consumer Discretionary 34.99 Consumer Discretionary 56.16 Financials 48.63 Materials 1.41 Industrials 22.61 Financials 81.95 Energy 40.30 Utilities 15.26 Energy 49.15 Industrials 12.65 Industrials 19.99 Energy 7.80 Energy 13.91 Energy 30.42 Energy 6.94 Materials 7.42 Health Care 77.91 Energy 13.33 Energy 50.79 Industrials 32.50 Materials 80.32 Industrials 21.30 Industrials 28.34 Industrials 29.31 Energy 10.28 Information Technology 4.18 Materials 11.60 Industrials 12.65 Industrials 19.99 Energy 7.80 Energy 13.91 Energy 30.42 Energy 6.94 Energy 2.80 Health Care 77.91 Energy 13.33 Energy 50.79 #N/A N/A #N/A N/A Materials 80.32 Industrials 21.30

Dividend Yield

Next ExDividend Date

3.08% 4.69% 2.09% 13.42% 3.58% 3.05%

11.09.2013 19.06.2013 24.07.2013 12.06.2013 19.06.2013 18.09.2013

3.24% 4.75%

26.06.2013 02.07.2013

1.25% 2.08%

21.08.2013 12.06.2013

1.96% 2.05% 3.25% 5.35% 3.28% 1.31% 0.33%

11.09.2013 28.08.2013 09.10.2013 11.09.2013 16.08.2013 04.09.2013

1.78% 1.88% 5.75% 4.80% 3.45%

13.09.2013 23.08.2013 29.05.2013 25.06.2013 26.06.2013

4.54% 5.04% 5.62%

26.06.2013 26.06.2013 29.05.2013 29.05.2013

0.31% 1.71%

08.10.2013 28.08.2013

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 17.68 15.36 19.46 74.01 17.13 81.24 101.54 30.40

16.03 13.95 19.36 65.79 16.15 70.45 92.37 28.95

16.25 14.11 20.19 62.16 16.79 47.74 88.27 28.74

53.88 28.37 24.73 49.58 18.72 18.28 46.89 12.58 21.76 31.38 41.10 35.30 25.03 17.68 23.80 14.19 67.25 54.61 102.43

51.68 23.71 18.97 43.22 18.66 22.23 42.62 11.05 19.65 29.48 38.01 33.38 24.69 17.07 20.78 13.15 50.52 50.78 89.16

51.53 23.58 17.91 42.53 19.38 21.35 41.52 11.48 20.16 29.15 37.91 33.33 25.22 17.56 20.77 13.10 50.99 50.01 87.55

15.55 92.56

14.12 71.52

14.67 67.73

15.57 21.47 84.04 38.39 46.40 28.17 22.20 29.19 15.23 40.82 50.94 47.69 83.34 24.32 16.09 22.96 18.14 33.82 272.91 72.26 15.20 17.60

14.43 21.00 75.36 35.56 44.52 28.58 21.26 27.25 12.74 33.92 43.27 46.40 69.84 23.13 16.05 16.55 13.87 32.41 139.36 64.58 14.49 15.81

15.56 22.32 73.15 35.15 44.22 29.92 21.92 27.46 13.14 33.14 42.89 46.38 67.88 23.46 16.86 16.31 13.88 33.06 126.13 63.07 15.46 16.87

17.25

62.08

62.32

63.11

17.44 16.41 48.77 13.17 131.89 21.30 19.59 24.89 27.58 183.98 21.58 21.99 51.09 21.76 64.78 42.86 87.42 21.38 21.66 21.16 21.05 24.04 60.50 31.80 81.86 35.81 14.58 83.37 19.10 16.52 24.42

13.83 16.12 37.88 13.78 103.30 19.19 17.83 24.53 26.70 97.80 20.64 19.54 34.40 14.37 59.00 41.71 69.03 21.07 21.51 19.70 21.07 19.26 56.51 29.51 61.22 33.77 13.98 66.39 19.67 14.73 21.57

12.98 16.57 35.39 14.44 99.33 19.56 18.01 25.71 27.64 89.24 19.63 20.21 34.57 12.32 58.89 41.53 66.97 21.90 21.81 19.75 21.55 19.72 56.35 30.44 59.80 33.81 14.58 66.65 21.50 14.91 21.59

23.13 14.20 30.42 29.61 16.55 33.46 20.95 51.21 37.15 32.49 33.18 60.52 37.88 18.59 17.82

19.83 13.72 28.29 27.60 15.75 34.86 20.20 42.34 33.04 30.19 30.83 55.30 33.86 15.31 16.85

20.07 13.63 28.34 23.19 15.61 34.67 21.02 42.37 32.29 30.58 30.56 55.67 33.87 16.18 17.24

36.30 34.78 52.00 16.12 21.42 63.04 44.79 34.86 20.20 42.34 33.04 30.19 30.83 35.48 33.86 15.31 16.85

35.83 33.42 55.06 16.84 22.23 62.38 43.90 34.67 21.02 42.37 32.29 30.58 30.56 37.33 33.87 16.18 17.24

36.30 34.78

35.83 33.42

2.59% 4.14%

14.06.2013 29.08.2013

5.79% 3.07% 4.75% 9.50% 11.61% 13.41% 8.80% 2.51% 2.74% 4.14% 4.70%

19.06.2013 01.10.2013 19.06.2013 19.06.2013 25.09.2013 29.05.2013 26.06.2013 29.07.2013 10.07.2013 05.06.2013 27.09.2013

2.33% 0.46% 11.14%

27.09.2013 21.08.2013 10.07.2013

4.92% 3.66% 1.37% 4.28%

29.05.2013 11.09.2013 06.09.2013 23.07.2013

5.32% 1.74% 5.11%

23.08.2013 11.07.2013 26.06.2013

2.94% 4.06% 1.12% 3.67% 2.50%

27.12.2013 11.09.2013 22.05.2013 26.06.2013 25.09.2013

1.86% 4.12% 1.70% 1.55% 4.91% 2.49% 4.74%

18.09.2013 26.06.2013 16.08.2013 27.09.2013 26.08.2013 29.08.2013 26.06.2013

1.92%

05.09.2013

3.47% 3.82%

11.12.2013 04.09.2013

3.83% 1.91% 3.29%

23.08.2013 22.08.2013 21.08.2013

2.34% 4.20%

11.09.2013 01.07.2013

7.60% 3.78% 4.66% 2.60%

28.08.2013 27.09.2013 27.06.2013 26.06.2013

2.16% 1.53% 2.88%

27.12.2013 02.07.2013 26.06.2013

7.50% 4.73% 8.77% 0.70% 2.25%

29.05.2013 26.06.2013 28.08.2013 27.06.2013 09.09.2013

4.50% 5.93% 4.31% 2.28% 4.66% 2.60%

26.06.2013 21.05.2013 11.09.2013 25.09.2013 27.06.2013 26.06.2013

2.16% 1.53% 2.88%

27.12.2013 02.07.2013 26.06.2013

7.50% 4.73%

29.05.2013 26.06.2013

38.17 41.46 50.68 7.00 25.10 69.55 47.25 33.46 20.95 51.21 37.15 32.49 33.18 35.48 37.88 18.59 17.82

0.70% 2.25%

27.06.2013 09.09.2013

38.17 41.46

44.61

46.49

47.68

22.16

22.47

24.66

27.12

14.68

15.05

18.69 13.95

0.388 -0.283 -0.543 -0.577 -0.545 -0.100 -0.402 0.268

0.092 -0.385 -0.268 -0.556 -0.272 -0.043 -0.373 -0.171

0.071 -0.378 -0.205 -0.497 -0.257 -0.077 0.020 -0.337 -0.185

0.023 0.025 0.060 0.054 0.028 -0.012 0.052 0.031

0.012 0.016 0.018 0.007 0.012 -0.037 0.008 0.007

0.010 0.014 0.012 0.006 0.011 0.002 0.007 0.005

-0.462 -0.981 -0.603 -0.607 -0.066 -0.498 -0.575 0.171 -0.308 -0.077 -0.334 0.105 -0.901 -0.974 -0.255 -0.270 -1.026 -0.548 -0.198

-0.221 -0.271 -0.247 -0.551 -0.262 -0.048 -0.401 0.232 -0.236 -0.218 -0.292 -0.157 -0.325 -0.431 -0.094 -0.132 -0.095 -0.235 -0.096

-0.111 -0.239 -0.224 -0.419 -0.255 -0.147 -0.317 0.209 -0.231 -0.180 -0.269 -0.136 -0.260 -0.305 -0.065 -0.120 -0.062 -0.176 -0.093

0.065 0.044 0.046 0.099 0.015 0.053 0.082 0.034 0.062 0.066 0.063 0.030 0.038 0.036 0.052 0.066 0.065 0.072 0.034

0.012 0.014 0.020 0.024 0.010 0.007 0.014 0.020 0.022 0.018 0.026 0.001 0.010 0.017 0.017 0.030 0.012 0.009 0.008

0.006 0.010 0.015 0.017 0.009 0.006 0.011 0.016 0.016 0.011 0.019 0.000 0.007 0.011 0.014 0.023 0.008 0.006 0.006

0.057 0.033

0.022 0.008

0.017 0.007

0.042 0.039 0.039 0.056 0.065 0.047 0.059 0.065 0.047 0.112 0.062 0.064 0.054 0.036 0.060 0.034 0.043 0.071 0.000 0.049 0.058 0.032

0.028 0.012 0.002 0.012 0.014 0.013 0.022 0.019 0.022 0.036 0.019 0.013 0.010 0.013 0.026 0.015 0.021 0.020 0.000 0.006 0.025 0.018

0.019 0.008 0.000 0.008 0.009 0.006 0.018 0.013 0.019 0.027 0.008 0.008 0.007 0.011 0.020 0.013 0.016 0.014 0.000 0.004 0.018 0.014

0.003

-0.169 -0.098 -0.083 -0.052 -0.033 -0.043

0.041

0.005

0.003

-0.211 -0.204 -0.436 -0.221 -1.053 0.371 -0.485 -0.410 -0.680 0.000 -0.400 -0.928 -0.983 -0.648 -0.587 -0.260 -0.912 -0.319 -0.256 -0.232 -0.262 -0.514 -0.442 -0.065 0.328 -0.197 -0.619 -1.067 -0.382 -0.389 0.706

-0.199 -0.104 -0.258 -0.203 -0.006 0.056 -0.333 -0.275 -0.353 0.000 -0.279 -0.290 -0.146 -0.315 -0.209 -0.168 -0.203 -0.217 -0.255 -0.167 -0.155 -0.189 -0.148 -0.090 0.055 -0.188 -0.189 -0.296 -0.248 -0.175 0.108

-0.211 -0.101 -0.226 -0.207 -0.017 0.031 -0.282 -0.254 -0.296 0.000 -0.225 -0.199 -0.122 -0.265 -0.167 -0.141 -0.179 -0.177 -0.241 -0.174 -0.170 -0.142 -0.123 -0.093 0.023 -0.176 -0.232 -0.283 -0.254 -0.158 0.046

0.046 0.071 0.086 0.065 0.064 0.033 0.029 0.116 0.074 0.000 0.085 0.042 0.073 0.037 0.064 0.045 0.027 0.072 0.029 0.063 0.056 0.089 0.042 0.060 0.021 0.049 0.052 0.052 0.055 0.068 0.030

0.027 0.027 0.034 0.028 0.023 0.012 0.013 0.031 0.023 0.000 0.039 0.021 0.025 0.016 0.011 0.010 0.002 0.030 0.013 0.024 0.024 0.027 0.005 0.020 0.003 0.012 0.022 0.011 0.021 0.031 0.010

0.024 0.019 0.023 0.022 0.017 0.010 0.011 0.021 0.015 0.000 0.027 0.015 0.017 0.013 0.006 0.007 0.001 0.019 0.011 0.017 0.016 0.018 0.003 0.013 0.001 0.007 0.015 0.005 0.010 0.023 0.006

-0.403 -0.300 -0.616 -0.180 -0.276 -0.648 -0.242 -0.312 -0.496 -0.465 -0.382 -0.254 -0.679 -0.155 -0.469

-0.262 -0.171 -0.301 0.003 -0.159 -0.121 -0.237 -0.208 -0.294 -0.235 -0.227 -0.176 -0.240 -0.107 -0.278

-0.224 -0.167 -0.276 0.005 -0.142 -0.060 -0.179 -0.130 -0.155 -0.200 -0.195 -0.156 -0.207 -0.097 -0.252

0.030 0.068 0.034 0.070 0.067 0.063 0.057 0.047 0.062 0.041 0.077 0.070 0.028 0.071 0.038

0.014 0.029 0.011 0.031 0.028 0.012 0.024 0.018 0.014 0.011 0.020 0.021 0.008 0.036 0.012

0.012 0.022 0.009 0.022 0.021 0.008 0.019 0.012 0.007 0.008 0.015 0.013 0.006 0.026 0.009

0.261 0.145 -0.223 -0.329 -0.423 -0.927 -0.299 -0.648 -0.242 -0.312 -0.496 -0.465 -0.382 -1.558 -0.679 -0.155 -0.469

-0.108 -0.279 -0.832 -0.191 -0.119 -0.292 -0.210 -0.121 -0.237 -0.208 -0.294 -0.235 -0.227 -1.558 -0.240 -0.107 -0.278

-0.108 -0.234 -0.977 -0.196 -0.096 -0.074 -0.158 -0.051 0.013 -0.060 -0.179 -0.130 -0.155 -0.117 -0.200 -0.195 -1.252 -0.207 -0.097 -0.252

0.040

0.060

-0.145

-0.195 -0.131 -0.070

-0.111 -0.145 -0.127 -0.061

-0.193 -0.103 -0.121 0.759 0.169 0.150

67.98 35.31 43.97 31.83

66.69 36.08

68.74 36.83

39.48 44.93

45.58

45.50

18.96

21.11

22.94

62.38

59.99

59.34

17.59 29.46 15.22

18.75

19.96

16.94

18.63

18.92

20.17

20.68

13.29

14.30

15.25

41.83 23.70 20.71 22.94

22.00 24.19

23.08 25.17

32.02

33.14

35.04

34.64 15.15

35.04 14.30

35.64 13.49

21.00

20.71

21.16

14.17

15.33

16.17

18.34 15.48

15.92

16.87

32.85

55.79

43.17

32.85

44.48

46.34

-0.274 -0.882 -0.066 -0.362 -0.378 -0.557 -0.615 -0.580 -0.480 -0.282 -0.227 -0.666 -0.399 -0.787 -0.264 -0.681 -0.438 -0.415 0.000 -0.701 -1.184 0.060

-0.349 -0.307 -0.054 -0.157 -0.225 -0.255 -0.155 -0.308 -0.251 -0.150 -0.152 -0.230 -0.173 -0.275 -0.213 -0.370 -0.280 -0.335 0.000 -0.204 -0.437 -0.243

-0.284 -0.226 -0.032 -0.119 -0.166 -0.140 -0.092 -0.248 -0.236 -0.146 -0.134 -0.191 -0.211 -0.250 -0.198 -0.337 -0.235 -0.293 0.000 -0.162 -0.325 -0.253

0.261 -0.108 -0.108 0.145 -0.279 -0.234

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

-0.147 -0.112 -0.041 0.005 -0.082 -0.045 -0.012 -0.071 -0.073

0.005 -0.209 0.017

0.107

-0.140 -0.084 -0.036

-0.088 -0.069 -0.049 -0.065 -0.220 -0.213 -0.194

-0.139 -0.111 -0.069

-0.140 -0.101 -0.076 -0.093 -0.111 -0.163 -0.141 -0.114 -0.179 -0.138 -0.106

-0.096 -0.062 -0.043 -0.141 -0.080 -0.061 -0.006 1.141 3.071 -0.183 -0.110 -0.077

-0.196 -0.169 -0.095 -0.018 -0.141 -0.132 -0.084

-0.117

-0.112

0.034

0.000

0.002

0.003

0.001

0.003

0.001

0.003 0.002

0.003 0.001

0.004

0.006

0.003 0.009

0.002 0.003 0.003 0.002

0.009 0.003

0.001 -0.003

0.005

0.002

0.002

0.002

0.001

0.001

0.004 0.009 0.010

0.002

0.001

0.005

0.003

0.008

0.003

0.002

0.005

0.003

0.003

0.005 0.004

0.003 0.002

0.002 0.001

0.003

0.001

0.000

0.003 0.002

0.001 0.012

0.001 0.025

0.005

0.003

0.002

0.010

0.003

0.001

0.007 0.008

0.004

0.003

0.002 0.002

0.003

0.003

0.018 -0.001 -0.001 0.027 0.012 0.008 0.033 0.009 0.007 0.036 0.023 0.020 0.091 0.028 0.020 0.071 0.024 0.014 0.046 0.010 0.006 0.002 0.063 0.012 0.008 0.057 0.024 0.019 0.047 0.018 0.012 0.062 0.014 0.007 0.003 0.041 0.011 0.008 0.077 0.020 0.015 0.126 0.126 0.102 0.028 0.008 0.006 0.071 0.036 0.026 0.038 0.012 0.009 0.018 -0.001 -0.001 0.027 0.012 0.008

0.000

0.000 -0.001


15.05.2013

Ticker

S&P / TSX Index

WPT CT Equity

Name WESTPORT INNOVATIONS INC

GICS_SECTOR_NAME

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

Dividend Yield

Next ExDividend Date

50.68

52.00

55.06

-0.223 -0.832 -0.977

0.033

0.009

0.007

4.18

4.31%

11.09.2013

69.55

63.04

62.38

-0.927 -0.292 -0.074

0.071

0.024

0.014

2.28%

25.09.2013

47.25

44.79

43.90

0.046

0.010

0.006

ATM2 Ref

Industrials

28.34

WTE-U CT Equity WESTSHORE TERMINALS INVESTME

Industrials

#N/A N/A

WIN CT Equity

WI-LAN INC

Information Technology

YRI CT Equity

YAMANA GOLD INC

Materials

11.60

YLO CT Equity

YPG FINANCING INC

#N/A N/A

#N/A N/A

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security

#N/A Invalid Security #N/A Invalid Security

#N/A Invalid Security

0 #N/A Invalid Security 0 #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

43.17

44.48

46.34

-0.299 -0.210 -0.158 -0.051 0.013

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

0.034

0.002

0.000 -0.001


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