Shares of the PowerShares DB Commodity Tracking Index Fund (DBC) are down .01 to 27.41.? DBC is trading in the middle of the range.
Today 433 DBC Oct 24 puts traded in scattered volume for .40-50.? Average volume is 563 contracts per day in the name.? Open interest is 206 contracts.
The trade looks to be a scattered buyer (or buyers) of puts trading on the offer on pure speculation that DBC drifts lower.? Volatility is over 1 pt. lower across the board.
30-day implied volatility is 14%.?? 10-day implied volatility is 7%.? 30-day implied volatility is trading above the 10-day historical volatility.
PowerShares DB Commodity Index Tracking Fund (DBC) is organized as a Delaware statutory trust. The Fund is based on the DBIQ Optimum Yield Diversified Commodity Index Excess Return (the Index).