商品期权：白银期权隐含波动率自8月底以来不断震荡上升，目前处于大于90分位数水平

IV IV 20HV20 110IV/90IV 110IV/90IV HV 603093 南华期货 南华期货 南华期货 南华期货 南华期货 南华期货 346743 95804 935883 11143 0.59 -0.08 0.78 - 0.01 43772 30377 53201 8884 0.53 0.13 0.57 0.00 31392 4330 31381 2318 0.79 0.37 1.08 0.01 100906 17005 233833 17846 0.60 -0.08 0.45 - 0.02 104938 46397 141187 -6037 0.63 -0.26 0.86 0.07 155101 12958 446703 24194 0.66 -0.15 0.67 0.00 252267 115981 291369 3103 0.49 -0.14 0.61 0.05 292354 77097 509648 -1536 0.84 0. 04 1.15 -0.03 166528 77039 189164 1480 0.74 -0.29 0.95 0.04 274355 96101 467483 -1643 0.65 -0 02 0.57 0.00 61277 2139 77989 5561 0.66 0.18 0.46 -0.03 红枣 7033 1107 34870 -61 0.39 0. 05 0.31 - 0.01 9/25/2024 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 IVIV20HV20110IV/90IV110IV/90IV 20.71% 0.78% 18.28% 0.00% 75.27% -2.07% 2.43% 0.01% 22.47% - 0.21% 18.92% 0.03% 82.52% 4.74% 3.55% -0.04% 24.02% 1.94% 23.32% 0.00% 77.94% 1.37% 0.70% 0.02% 17.97% 0 .14% 16.71% 0.00% 72.31% -1 .03% 1.26% 0.00 % 22.04% 0.72% 26.95% 0.00% 78.97% -1 .73% -4.91% 0.01% 15.27% 0.73% 13.04% 0.00% 96.79% 12.56% 2.23% 0.01% 14.20% 0 .25% 8.87% 0.00% 75.74% -8.39% 5.33% 0.00% 29.08% 0 .11% 31.14% 0.00% 79.25% -4.54% -2.06% 0.00 % 24.30% 1.35% 21.04% 0.00% 78.90% 0 .58% 3.26% 0.01% 19.07% 0 .11% 16.93% 0.00% 75.18% 1 .11% 2.14% 0.00 % 14.81% 1.83% 17.08% 0.05% 56.97% -0 .62% -2.27% -0.03% 红枣 27.04% -0.76% 26.58% 0.00% 102.29% -3 .84% 0.46% -0.01% PCR PCR PCR PCR . 3052 -50 -1.29% -3.17% 1534932 271223 1339028 41295 6988 -7 -0.07% -0.44% 118300 37160 137592 9591 3658 -21 -0.60% -2.54% 144410 65429 64174 51246 8016 40 0.58% -0.49% 546225 32175 654072 -111 9209 -29 0.39% -1.01% 467821 16946 312456 - 6657 2137 -13 0.05% -0.70 % 547552 -9643 528486 -28562 5921 50 0.89% 0.48% 372183 80065 364487 - 222 2506 -49 -1.03% -3.31% 992151 201591 604963 - 7884 8386 128 1.38% 0.79% 820307 175315 545144 52 19 14170 -25 0.60% -0.43% 470590 76254 511259 -11832 7946 -44 -0.40% -1.87% 63744 -5805 121082 -11623 红枣 9525 25 1.49% -0.66 % 72224 18957 72841 252 16.85% 1.95% 9.83% 0.00% 74.35% 10.68% 7.02% 0.02% 33.81% 1.34% 29.81% 0.00% 95.99% 3.48% 4.00% 0.01% 17.15% 1.58% 17.47% 0.00% 76.00% 7.95% -0.32% 0.02% 13.84% -0.15% 14.27% 0.00% 69.40% -0.71% -0.43% 0.00% 21.60% 1.31% 21.30% -0.01% 85.23% -0.62% 0.30% 0.02% 40.79% 0.31% 45.76% 0.00% 104.06% 5.17% -4.97% 0.00% 29.55% 0.64% 34.43% 0.00% 95.72% 0.79% -4.88% 0.01% 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 535.7 8.3 2.45% 1.55% 157725 -14684 32547 1816 1475 33 5.73% -0. 69% 4257131 1394254 1240265 -64882 LPG 4682 26 1.67% -0. 03% 88610 7381 67514 -5348 PTA 4946 16 1.73% -0.51% 1339229 20121 1218268 -72065 18300 85 3.04% -1.05% 975851 327990 194979 -8689 2406 10 1.91% 0.29 % 792399 -491 719835 -51766 PVC 5415 27 2.65% -0.60% 1684087 253572 912466 -51581 7954 -15 0.72% -0.48% 393867 38826 381183 -17526 7354 -6 0.81% -0.55% 454334 46177 455811 -69625 4493 34 2.02% 0.17 % 265750 17864 274923 -18350 8370 -189 -0.78% -1.48% 449977 65884 206200 -2384 6952 0 1.31% -0.89% 157212 2691 129635 -23463 1791 3 1.30% -0.87% 382307 175526 187295 -13064 PCR PCR PCR 南华期货 南华期货 南华期货 598.36 4.12 0.44% 0. 25% 229488 13522 220984 727 7786 241 3.73% 3.25% 2030550 647398 486073 20091 77110 350 1.33% -0. 46% 142620 50866 170540 68854 20055 75 0.75% 0. 02% 197973 46255 167739 -1847 24465 455 2.90% 2.15% 250746 69396 113113 4707 75850 -950 -0.39% -2.59% 348452 113059 230880 -312 9580 5 0.95% -1.40% 359292 95664 194682 -10930 PCR 61698 -81993 60834 4098 1.47 0. 42 1.78 0.1 2 372054 -817494 213112 41450 0.82 -0.37 1.08 0.08 94795 -78153 61037 4783 0.83 0.02 1.15 0.04 73824 -30349 49101 6695 0.85 0.06 1.19 -0.01 61017 -69307 35716 6027 1.24 0.13 1.70 0.21 194733 88835 228422 6608 0.37 -0.08 0.35 0.00 130896 56545 134731 -943 0.44 -0.12 0.36 -0.01 31.27% 0.70% 31.08% 0.00% 82.48% 0.85 % 0.19% 0.0 0% 46.92% 3.66% 44.40% 0.00% 99.29% -3.1 8% 2.52% 0.04% LPG 25.32% 1.05% 23.82% 0.04% 77.78% -22.02% 1.50% -0.03% PTA 25.84% 0.69% 31.28% 0.00% 71.20% -2.1 8% -5.44% 0.01% 25.98% 1.17% 27.73% 0.00% 93.01% 2.98 % -1.75% 0.01% 21.89% -0.13% 20.32% 0.00% 74.61% 5.13% 1.57% 0.0 0% PVC 21.10% -1.28% 23.29% 0.00% 71.45% -10.01% -2.19% -0.0 1% 15.52% 1.51% 13.30% 0.00% 82.97% 15.73% 2.22% 0.02% 11.44% -2.50% 13.05% 0.00% 67.48% 0.52 % -1.61% -0.03% 18.99% 0.4 8% 17.72% 0.00% 68.79% -2.8 0% 1.27% 0.0 0% 28.37% 4.09% 27.69% 0.03% 82.69% 6.02% 0.68% 0.01% 21.65% 0.0 6% 29.41% 0.01% 72.37% 1.05 % -7.76% -0.0 1% 22.67% 1.56% 18.24% 0.00% 105.43% -1.4 4% 4.43% 0.02% 18.12% -4.04% 32.18% 0.00% 65.08% -18.19% -14.06% -0.04% 玻璃 44.54% 3.19% 43.21% 0.00% 96.79% -1.3 9% 1.33% 0.03% 68926 2067 31916 5 1.29 -0.53 1.08 0.05 1090374 645159 677635 18236 0.51 -0.08 0.34 0.05 LPG 17040 5917 17046 -1 57 0.67 -0.22 0.86 0.18 PTA 466863 55755 442203 18513 1.08 -1.10 0.99 0.10 70348 -26832 55134 18 75 0.71 0.17 1.05 0.08 168239 30311 190901 27 0 0.87 -0.70 1.48 0.14 PVC 106592 23461 105731 44 1 0.36 0.00 0.47 0.06 10895 1754 18015 11 61 0.36 -0.39 0.66 -0. 02 10473