商品期权：棉花期权隐含波动率近期不断上升，目前高于历史波动率7.39%

PCR PCR PCR PCR IV IV 20HV20 110IV/90IV 110IV/90IV HV 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 603093 8/8/2024 HV 南华期货 IVIV20HV20110IV/90IV110IV/90IV 16.54% -2.24% 13.98% 0.0 0% 88.69% -6.23% 2.56% -0.02% 9.59% -2.65% 7.55% 0.0 0% 77.89% -20.85% 2.04% -0.03% 16.80% 13.72% 14.83% 0.01% 84.53% 0.07 % 1.97% 0.13% 16.10% 10.70% 15.79% 0.00% 90.83% 10.26% 0.31% 0.10% 23.49% -0.55% 21.97% 0.0 0% 78.08% 4.87% 1.52% -0.01% 10.88% 2.10% 10.58% 0.01% 67.20% -2.01% 0.30% 0.01% 12.68% -3.09% 9.22% 0.0 0% 65.08% 7.36% 3.46% -0.03% 27.26% -2.45% 23.65% 0.0 0% 86.12% 9.42% 3.61% -0.02% 19.93% 12.53% 22.04% 0.0 0% 82.24% -9.76% -2.11% 0.13% 22.31% 3.76% 14.92% -0.01% 68.23% 2.46% 7.39% 0.05% 13.92% 0.30% 13.55% 0.0 0% 84.06% 4.10% 0.37% 0.00% 113974 -441709 403751 22457 0.63 -0.65 1.08 -0.03 6511 -2296 8 10750 2711 0.74 -0.03 0.94 -0.18 6449 -3155 7 8835 2447 0.51 -0.86 0.52 -0.23 15777 -102153 21194 5916 1.04 -0.41 1.12 -0.0 5 165542 79746 182662 26775 0.88 -0.14 0.69 0.07 57834 -129571 171308 14345 0.85 -0.39 1.00 -0.02 185548 -95438 448606 21408 1.67 0.10 0.62 0.01 507341 -2285 5 886006 46731 0.52 -0.19 0.27 0.01 48038 -485543 46779 12740 1.10 0.02 1.08 0.03 387356 155632 652179 29646 1.02 0.00 0.45 -0.01 37316 -1107 101648 2031 0.91 0.16 0.51 0.00 2992 13 -0.17% 1.78% 894169 -370434 922297 -134238 4585 3 0.04% 0.04% 51666 -27123 79301 -5897 3539 34 0.51% 2.30% 106804 3700 115020 -5070 7458 52 0.78% 1.85% 400251 30713 346124 -60475 8083 39 0.41% 2.07% 470254 18605 170890 -18232 2300 26 1.63% 1.68% 410472 -175759 524468 -41830 6028 -8 -0.71% 0.78% 206667 -144707 251571 -4354 2237 -20 -1.80% 1.75% 738233 -404564 566475 -109101 7596 32 0.16% 1.90% 644856 -74496 231578 -56933 13290 -235 -2.32% -0.43% 302932 41999 302371 -34891 8760 42 0.62% 0.78% 45176 -11154 120772 -2545 17.20% -0.47% 19.13% 0.0 0% 72.86% 0.02% -1.93% 0.00% 29.24% -0.75% 35.16% 0.0 0% 88.79% 0.75% -5.92% -0.01% 19.64% -0.49% 19.25% 0.00% 72.20% 1.41% 0.39% 0.00% 13.38% 0.05% 10.84% 0.00% 59.34% -8.32% 2.54% 0.00% 19.79% 0.11% 18.62% -0.01% 75.11% 1.16% 1.17% 0.01% 0.00% -32.68% 26.12% 0.0 0% 81.64% -37.22% -26.12% -0.33% 0.00% -2.57% 24.80% 0.01% 95.15% 0.91% -24.80% -0.04% PCR PCR PCR PCR 0.02 1.02 -0.13 1.36 2137 91067 1694 60557 288956 -34251 337270 17389 0.96 -0.35 0.73 -0.01 97144 -3256 118112 4606 1.18 -0.10 0.81 -0.03 54544 4848 69112 3205 1.08 -0.06 0.88 0.04 52448 -13629 53834 1306 1.66 0.01 0.87 0.03 38039 -55057 88463 11161 0.46 -0.60 0.34 0 .00 64231 -75404 62714 15557 0.82 -0.20 0.47 0.05 IV IV 20HV20HV 110IV/90IV 110IV/90IV LPG PTA 6.33% 0.19% . .21.79% . PVC 6.99% -5.33% 0.00% -7.61% . 16.34% -1.10% 5.04% 7.02% -0.04% 1% 0.07% 1% -0.18%0.03% 0.14% 0.07% 5% 0.06% 0.16% 0% 1% 0% 0.0 1.35% 72.42% -0.01% 12.61% 0.34% - 13.96% 0.0 8.22% 75.36% 0.00% 13.58% 1.12% 21.80% 0.0 2.41% -4.20% 54.57% 0.00% 9.34% 0.19% - 11.75% -0.69% 69.96% 0.00% 18.11% 17.42% 0.04% .71% -0 61.33% -0.02% 12.37% 4.33% 12.41% -0.0 1.81% 60% 1 48.25% 0.00% 8.15% 9.96% 3.34% 64.68% 6.95% 10.29% 1.23% -11.43% 65.87% 0.00% 13.56% 14.38% 14.79% 5.60% 41% 1 69.00% -0.02% 14.05% 1.21% 19.65% -15.68% 93.22% 33.54% 0.89% 17.86% -0.0 1.21% 89% 0 64.25% 0.00% 12.57% 1.42% - 13.78% -0.66% 33% 0 82.21% 0.00% 19.46% 18.80% -0.0 10.41% -4.93% 92.06% 0.00% 26.35% -0.63% 36.76% 3.50% .21% -1 86.57% 0.00% 29.23% -4.67% 32.73% IV IV 20HV20HV 110IV/90IV 110IV/90IV 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 556.1 0.04 0.36% -0.22% 181575 -74857 165949 -7 08 6929 -25 -0.36% 0.10% 1276448 -105162 428590 -9038 70680 -710 -1.13% -1.44% 112696 -28700 174122 3196 18945 25 -0.03% -0.48% 143187 -401 9 168625 -1 083 21835 -5 -0.77% 0.58% 143366 -34714 81162 -1 385 78500 -1800 -2.67% -1.19% 137278 46331 219537 9882 9885 -310 -3.56% -2.40% 135357 -27075 126770 -7720 PCR PCR PCR 42995 LPG PTA PVC 27181 106157 -98753 -0.40 -85688 -243116 -0.27 PCR 0.13 -0.02 0.16 -0.01 0.00 0.02 0.06 -0.01 0.07 0.23 -0.04 0.02 0.07 -0.03 0.99 -0.08 0.45 308 13550 6 -188 1243 0.91 0.41 1.99 2974 76728 2761 25345 0.86 0.46 1.63 2416 74881 42 -128 21906 1.58 0.07 1.49 10983 31942 44911 1.44 2.09 5607 17899 17097 1.48 -0.10 2.97 1862 6958 01 -139 3765 1.06 -1.41 1.42 2772 5475 44 -161 4461 0.42 0.51 19848 39644 43941 1.03 -0.08 2.22 23813 361047 302268 0.45 -0.03 0.36 2550 93508 87326 0.94 -0.42 1.07 16162 566699 45 -253 327270 1.22 0.34 1.41 2708 7792 45 -384 7767 0.38 -0.07 0.91 41380 886384 676297 0.63 0.02 1.05 2468 48831 12615 89149 552.4 7.4 1.19% 1.83% 116534 -11673 24896 -4226 1707 -10 -1.50% 1.88% 1068101 -29 086 625734 -24296 LPG 4490 11 0.60% 0.49% 66128 7698 56586 -2244 PTA 5566 -26 -0.22% 0.57% 421183 -107547 721676 -26556 15810 110 0.80% -0.07% 308294 68022 130782 8319 2456 -3 -0.24% 0.16% 453115 70775 502971 -57117 PVC 5566 -41 -1.26% -0.32% 691601 -69678 751703 -28627 8155 -40 -0.72% -0.34% 247271 45802 268706 -10747 7521 -6 -0.32% 0.20% 228659 29663 257124 -15287 4528 -27 -0.75% -0.11% 117294 -18554 213553 -4463 9130 29 -0.10% 0.42% 254267 -33 303