Deutsche Bank (DB) surges $5.74 to $45.84 and a Nov 25 – 35 put spread is sold on the German bank at 22.5 cents, 15000X. It’s probably a liquidating trade on diminishing fears about the EU debt crisis. Looks like the spread was bought-to-open for $3.40, 14000X, on Sep 30. The underlying is up 32.6 percent since that time. Ouch.