商品期权：玻璃期货价格近期波动幅度较大， 期权隐含波动率目前处于历史90%分位数水平以上。

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 226921 -346689 630488 52034 0.50 -0.37 0.59 -0.04 10940 380 38706 2969 0.52 0 .15 0.69 0.06 21943 -64157 23041 7704 0.72 -0.20 0.68 0.06 66542 -120543 111886 -850 0.79 0 .11 0.67 0.10 36391 -12049 79966 3055 2.34 1.49 0.93 0.05 52505 -92823 297345 15311 0.42 -0.11 0.63 -0.03 93732 -9726 256389 11471 0.83 -0.26 0.62 0.02 127884 -51284 213189 3887 0.83 -0.74 1.23 -0.04 70714 -363959 153054 12145 1.82 0.93 1.33 0.11 117127 -25194 427179 16420 0.52 -0.09 0.53 -0.02 27646 11908 39749 2529 0.53 -0.24 0.37 0.05 红枣 11313 3792 43282 1627 0.25 0 .03 0.22 -0.01 10/15/2024 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 19.90% -0.22 % 26.04% 0.00% 101.76% 19.18% -6.14% 0.00% 27.52% -0.36% 24.83% 0.02% 87.27% -0.47 % 2.69% -0.03% 17.75% -2.83% 24.91% -0.01% 83.33% 0.31 % -7.16% -0.02% 17.44% 1.17% 11.19% 0.00% 88.67% 3.96% 6.25% 0.01% 18.74% -0.58% 14.08% 0.00% 84.88% -6.41% 4.66% -0.01% 11.06% -0.02 % 16.38% 0.01% 77.46% 0.18 % -5.32% -0.01% 11.00% -0.30 % 14.12% 0.00% 66.03% -3.45 % -3.12% 0.00% 28.09% -1.04% 31.94% 0.00% 101.38% 0.76 % -3.85% -0.01% 22.80% 0.11 % 17.28% 0.00% 91.74% 5.07% 5.52% 0.00% 14.00% -0.24 % 16.28% 0.00% 83.34% -0.29 % -2.28% 0.00% 14.28% -3.32% 17.33% 0.05% 89.86% -39.34% -3.05% -0.09% 红枣 32.49% 1.77% 28.46% 0.00% 131.62% 20.39% 4.03% 0.02% PCR PCR PCR PCR -78 -1.69% -0.71% -0.90% -26 -24 -128 -75 -0.86% -1.25% -304305 -39249 -37965 -150439 -107193 -159712 -2.51% -0.88% -160077 -302340 -90752 红枣 115 7133 -9906 -2819 -4718 -3770 2639 -4074 9849 -21064 -2727 1974 3201 75023 45778 101382 0.66% 1.85% 9905 120485 -16416 77603 -0.35% 0.45% 10 - 8038 471866 273211 -0.85% 14060 491462 718291 -2.20% 8724 521774 635194 -0.45% -0.04% 2449 343615 6467 248944 -0.39% 5913 679726 376956 -0.18% -5 2222 303909 410408 0.10% -1.47% 34 - 9443 672910 463895 -1.52% 8144 49181 111276 -0.63% 35 - 3616 129003 65196 -0.28% 38 - 6803 1532553 1138013 0.60% 0.30% 1 2992 15.21% -0.43% 11.30% 0.00% 65.59% -1.59% 3.91% -0.01% 31.52% -1.79% 28.12% 0.00% 90.72% -5.13% 3.40% -0.02% 16.05% -0.29% 15.58% 0.00% 71.97% -1.82% 0.47% 0.00% 15.26% -1.35% 12.37% 0.00% 71.68% -5.89% 2.89% -0.02% 21.58% -0.10% 18.70% -0.01% 81.46% -3.84% 2.88% 0.00% 33.85% -5.84% 44.08% 0.00% 100.44% -38.45% -10.23% -0.06% 25.39% -3.50% 23.66% 0.00% 95.94% 2.66% 1.73% -0.04% IV IV 20HV20HV 110IV/90IV 110IV/90IV PCR PCR PCR LPG PTA -32516 -26320 70755 38769 30604 0. 0.30 PVC 19873 -0.44 -27645 0.71 -0.28 -0.26 玻璃 氧化铝 386 141974 18017 PCR 0.14 .03 0.15 0.04 0.03 0.03 0.02 0.01 0.04 -0.04 -0.080.10 -0.03 .01 0.07 0.02 - 2.23 -0.18 1.19 10993 79629 628 -2 67909 0.65 0.03 - 0.50 346086 391793 0 0.73 0.69 1 56 27113 7705 0.74 0.35 5 124 38640 7 399 17778 1.09 1.71 7 208 17103 5 308 10529 1.10 0.47 1.49 1 718 26125 -148662 34543 0.73 0.01 - 0.62 4 447 58522 29763 0.74 0.12 0.86 1 147 24723 453 -3 5419 - 0.79 0.51 0 148 22100 012 -4 5681 - 0.32 0.10 - 0.27 105568 130 -62 74127 0.99 20 0. 0.78 11418 144797 62 154 97003 - 0.86 0.09 - 0.37 8 351 77118 933 -24 52027 0.74 1.16 322911 248444 1.04 16 1.16 2 275 8682 11101 0 0.34 0.01 - 0.46 638712 576036 0.91 24 0. 0.90 -31154 13935 48826 183861 PCR PCR PCR PCR 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 52397 -15212 84078 3298 0.83 0.10 1.75 -0 .01 304702 -22201 326380 18294 0.84 0.05 1.13 0 .01 87764 -7964 89770 3183 1.05 0.29 1.12 -0.04 83751 -31654 90307 3801 0.85 0.24 1.41 0.06 100490 8964 59601 4541 1.73 0.70 1.86 0.02 55614 -127265 79901 19327 0.29 -0.23 0.28 0 .00 33513 -127824 49927 8527 0.42 -0.07 0.44 0.03 603.64 0.34 0.55% -0.82% 165111 -5383 194569 -1999 7711 -73 -0.57% -2.25% 966085 -97787 411387 -5384 76520 -1050 -1.29% -1.67% 105449 476 155968 -6803 20605 -275 -1.27% -1.97% 141944 -27683 139789 -8286 24955 -380 -2.06% -2.08% 195198 -6561 110800 -5978 73400 300 -0.34% 0.81% 120400 -59220 186900 -12937 9625 15 -0.57% -0.57% 163477 -59624 138410 -6798 34.98% -6.31% 34.49% 0.00% 92.94% -9.27% 0.49% -0.06% 49.00% 1.81% 66.83% 0.00% 102.61% 1.91% -17.83% 0.02% LPG 22.26% -1. 38% 28.17% 0.04% 98.46% -6.20% -5.91% -0.05% PTA 22.93% 1.43% 29.78% 0.00% 78.34% -16.63% -6.85% 0.01% 29.81% 0.83% 39.96% 0.00% 94.04% 4.58% -10.15% 0.01% 18.21% -1. 41% 22.31% 0.00% 80.17% -5.16% -4.10% -0.0 1% PVC 21.50% 6.18% 27.60% 0.00% 95.26% -7.27% -6.10% 0.06% 12.39% 0.4 4% 12.70% 0.00% 93.80% 6.70% -0.31% 0.0 0% 8.65% -3.56% 13.94% 0.00% 89.07% 7.86% -5.29% -0.04% 20.31% 3.07% 21.14% 0.00% 71.47% -24.57% -0.83% 0.03% 21.64% -0. 27% 31.90% 0.03% 78.76% -2.33% -10.26% -0.03% 18.77% -0. 72% 27.89% 0.00% 78.52% -12.43% -9.12% -0.0 1% 25.25% 1.25% 21.98% 0.00% 113.21% -0.62% 3.27% 0.01% 24.73% 1.43% 32.29% 0.00% 85.81% -10.00% -7.56% 0.01% 玻璃 50.11% 3.30% 55.36% 0.00% 108.39% 6.90% -5.25% 0.03% 氧化铝 38.59% -3.85% 26.74% 0.00% 93.16% -2.78% 11.85% -0.04% 43 -107 -130 -302280 LPG PTA -1.89% -1.88% -116657 PVC -101 -97 -1.40% -1.19% 62 -57389 41 41268 7 0 857 94 78 91 34 -54 144773 17216 - 2