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PO hv`h@eb
PP tmcdq@cnf
PQ eb@q
PR eb@s`mmrhn
@QPUiyj
QPUiyj@@{LÖ
Q[O
| V | S eb@Yot
n@c R s O hv`h@eb
ACrXerb S S eb@s`mmrhn
| P | P ORy
eb@Yot Q | R eb@q
ÓR R s O eb@nhrn
ORy Q | R ek`s@rnkd
ÓR PO | O eb@q
P | O eb@nhrn
ek`s@rnkd R s O hv`h@eb
n@c O | Q eb@s`mmrhn
ACrXerb P P tmcdq@cnfr
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO

@PPXiyj
PPXiyj@@{LÖ
P[O
b`lohm`r@eb T | U nm`|odsr
oDi S | Q n
eb@\VIX U | R b`m`addL{
n T | S nm`|odsr
b`lohm`r@eb R | V `kk|y
b`m`addL{ S | R oDi
Q[O
| W | O
ek`s@rnkd O | R ÓR
tmcdq@cnfr R | T hv`h@eb
| Q | S ÓR
ek`s@rnkd R | Q eb@Yot
S | Q eb@q
tmcdq@cnfr U | Q eb@s`mmrhn
ORy Q | Q ACrXerb
eb@Yot P | T n@c
eb@nhrn T | S eb@q
ORy R | P n@c
ACrXerb Q | S hv`h@eb

je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO

@POPRiyj
POPRiyj@@s̈
Q[O
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ek`s@rnkd Q | P eb@nhrn
n@c Q | O
| W | O eb@nhrn
ek`s@rnkd O O
ÓR S | P n@c
ORy T | R eb@s`mmrhn
eb@Yot PQ | P tmcdq@cnfr
ÓR S | O ACrXerb
ORy U | P tmcdq@cnfr
ACrXerb U | T eb@Yot
eb@s`mmrhn V | Q hv`h@eb
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@XPiyj
XPiyj@@{LÖ
P[O
oDi P | R nm`|odsr
eb@\VIX R | Q b`lohm`r@eb
`kk|y U | T n
b`m`addL{ T | P b`lohm`r@eb
eb@\VIX Q | T oDi
`kk|y U | O nm`|odsr
Q[O
ÓR X | Q tmcdq@cnfr
ACrXerb R | P
| T | P ek`s@rnkd
eb@Yot U | W hv`h@eb
n@c S | O eb@q
ÓR U | P eb@s`mmrhn
ACrXerb R | Q eb@nhrn
S S tmcdq@cnfr
ORy P | Q hv`h@eb
ek`s@rnkd S | O eb@q
eb@Yot T | Q eb@s`mmrhn
n@c V | S eb@nhrn
je`|sno etsr`k|sno P[O Q[O R[O
@WQTiyj
WQTiyj@@{LÖ
Q[O
| Q | P ACrXerb
ek`s@rnkd P | P n@c
tmcdq@cnfr R | Q eb@q
| V | O n@c
ÓR PP | O hv`h@eb
P | R eb@s`mmrhn
ORy Q | S ÓR
P | O hv`h@eb
eb@nhrn T | O eb@s`mmrhn
ORy S | U eb@Yot
ACrXerb Q | R eb@q
tmcdq@cnfr R | Q eb@nhrn
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@WPPiyj
WPPiyj@@{LÖ
P[O
eb@\VIX V | S n
b`m`addL{ T | U `kk|y
oDi Q | O b`lohm`r@eb
eb@\VIX R | S `kk|y
b`m`addL{ R R nm`|odsr
b`lohm`r@eb R | P n
Q[O
eb@nhrn Q | P hv`h@eb
eb@q Q | S hv`h@eb
| V | Q eb@s`mmrhn
ORy U | S eb@nhrn
ek`s@rnkd PQ | P tmcdq@cnfr
eb@Yot O | P
n@c S | O ACrXerb
eb@s`mmrhn R | T eb@q
| V | P tmcdq@cnfr
ORy Q | P
ek`s@rnkd S | Q ACrXerb
eb@Yot Q | R ÓR
@VV@iyj
VViyj@@s̈
P[O
eb@\VIX T | W b`m`addL{
b`lohm`r@eb S | U `kk|y
eb@\VIX R | S nm`|odsr
b`m`addL{ T | R n
oDi W | T `kk|y
nm`|odsr R R n
Q[O
ek`s@rnkd T | R eb@s`mmrhn
| T | P hv`h@eb
ÓR R | O eb@nhrn
eb@Yot PP | O eb@q
| O | O ORy
n@c V | Q tmcdq@cnfr
ÓR U | O
ek`s@rnkd PQ | O hv`h@eb
n@c Q | P eb@s`mmrhn
eb@Yot U | S eb@nhrn
ACrXerb X | S tmcdq@cnfr
ORy T | O eb@q
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@UPU@iyj
UPUiyj@@{LÖ
P[O
b`lohm`r@eb Q | T nm`|odsr
`kk|y V | R n
eb@\VIX T | S oDi
`kk|y T | Q nm`|odsr
b`lohm`r@eb Q Q n
b`m`addL{ Q | R oDi
Q[O
ACrXerb S | Q eb@s`mmrhn
P | T eb@nhrn
| P | Q ÓR
ORy U | O n@c
ek`s@rnkd R | T eb@Yot
ACrXerb Q | P hv`h@eb
R | Q eb@q
tmcdq@cnfr Q | P eb@s`mmrhn
| R | Q eb@Yot
ORy R R ek`s@rnkd
n@c R | P hv`h@eb
ÓR U | O eb@q
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@UQiyj
UQiyj@@{LÖ
Q[O
| O | Q eb@nhrn
ORy T | S tmcdq@cnfr
ek`s@rnkd T | P
eb@Yot P | Q ACrXerb
n@c Q | T ÓR
eb@s`mmrhn O | R hv`h@eb
| S | P
ORy Q | O ACrXerb
ek`s@rnkd R | S ÓR
eb@Yot Q | T n@c
tmcdq@cnfr R | T hv`h@eb
eb@nhrn Q | P eb@q
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@TQU@iyj

TQUiyj@@{LÖ
Q
ORy S | O hv`h@eb
ek`s@rnkd S | Q eb@q
eb@Yot U | P eb@s`mmrhn
n@c Q | P eb@nhrn
ÓR PT | P tmcdq@cnfr
ACrXerb S | O
| U | P eb@q
ORy U | O eb@s`mmrhn
ek`s@rnkd X | O eb@nhrn
eb@Yot X | S tmcdq@cnfr
n@c Q | O
ÓR U | Q ACrXerb
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@TPQiyj
TPQiyj@@{LÖ
P[O
eb@\VIX Q | W `kk|y
b`m`addL{ P | R b`lohm`r@eb
oDi Q | R nm`|odsr
eb@\VIX S S b`lohm`r@eb
b`m`addL{ P | R `kk|y
oDi R | Q n
Q[O
ÓR PO | Q hv`h@eb
P P eb@s`mmrhn
| S | O ek`s@rnkd
n@c V | P eb@q
ACrXerb R | Q eb@nhrn
| R | Q n@c
ORy S S eb@Yot
ACrXerb Q | O eb@q
tmcdq@cnfr V | T eb@nhrn
eb@Yot S | P hv`h@eb
ÓR PO | P eb@s`mmrhn
S S tmcdq@cnfr
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@SQW@iyj
SQWiyj@@{LÖ
Q
| U | Q tmcdq@cnfr
ORy S | O
ek`s@rnkd P | O ACrXerb
eb@Yot R | T ÓR
eb@nhrn P | O hv`h@eb
eb@s`mmrhn Q | S eb@q
| Q | O ACrXerb
ORy R | T ÓR
ek`s@rnkd Q | P n@c
S | Q hv`h@eb
tmcdq@cnfr Q | S eb@q
eb@nhrn T | S eb@s`mmrhn
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO
@SPij
SPij@@̈Z^[
P
eb@\VIX P | Q nm`|odsr
b`m`addL{ S | P n
oDi P P `kk|y
eb@\VIX T | R n
b`m`addL{ Q | V nm`|odsr
oDi S | P b`lohm`r@eb
Q
| Q | O hv`h@eb
ek`s@rnkd Q | O eb@s`mmrhn
eb@q Q Q hv`h@eb
n@c T | Q tmcdq@cnf
eb@Yot R | Q eb@nhrn
| V | Q eb@s`mmrhn
ÓR Q | O
ek`s@rnkd X | Q tmcdq@cnf
ORy T | O eb@nhrn
n@c R | T ACrXerb
eb@Yot P P
ORy T | Q eb@q
je`|sno etsr`k|sno \ P[O\ Q[O\ QOOO