商品期权：原油期货价格近期持续宽幅震荡，同时期权隐含波动率自上月5号以来持续走低，目前位于历史5%分位数之下，处于较低水平。

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 263699 61634 1050760 25570 0.97 0.26 0.44 -0 .01 775 -309 7001 251 1.02 0.44 1.07 0 .04 35810 5329 62826 3732 0.59 0 .03 0.70 0 .01 116060 7277 168092 6159 0.54 -0.09 0.83 0 .02 18081 -303542 24493 1060 0.73 -0.19 0.80 0.00 94051 -41107 654395 10324 0.68 0 .13 0.36 0 .00 199222 -226551 153524 13414 0.51 -0.19 0.82 -0 .02 45832 -142329 103090 9841 0.76 -0 .05 0.88 0 .00 451576 101004 442813 23115 1.38 -0.48 1.79 -0.21 81624 -7060 7 282849 9801 0.69 -0 .17 0.73 -0 .02 24193 5523 27518 7798 1.18 0.70 1.13 0.35 红枣 2254 14 18623 381 0.23 -0.11 0.31 0 .00 15.09% 0.35% 16.16% 0.00% 73.23% 1 73% -1.07% 0.00 % 24.80% 0.05% 22.30% -0.01% 93.51% -0 .67% 2.50% 0.01% 10.78% 0.22% 9.71% 0.0 0% 54.57% 0 51% 1.07% 0.00 % 10.10% -1.11% 13.63% 0.0 0% 51.93% -7.32% -3.53% -0.01% 17.55% -0.38% 14.28% 0.0 0% 86.06% -2 .64% 3.27% 0.00% 26.83% 0.67% 33.35% 0.00% 112.76% 13.82% -6.52% 0.01% 18.57% 0.55% 25.64% 0.00% 87.95% 2 79% -7.07% 0.01% 603093 12/12/2024 HV 南华期货 IVIV20HV20110IV/90IV110IV/90IV 15.74% 0.20 % 28.77% 0.12% 80.08% 7.38% -13.03% -0.12% 19.50% -0.1 6% 19.41% 0.04% 99.83% 2.53% 0.09% -0.04% 14.13% 0.23% 15.94% 0.00% 92.35% 8.33% -1.81% 0.00% 17.92% 0.04 % 18.32% 0.01% 93.88% 10.93% -0.40% -0.01% 21.75% -1.93% 22.37% 0.00% 88.17% -17.36% -0.62% -0.02% 10.67% -1.53% 12.38% 0.00% 73.76% -6.18% -1.71% -0.02% 13.29% 1.11% 13.02% 0.00% 85.01% 8.27% 0.27% 0.02% 21.77% -0.4 4% 29.31% 0.06% 107.47% 2.97% -7.54% -0.06% 22.98% -0.2 6% 25.42% 0.00% 84.53% 8.90% -2.44% 0.00% 9.55% 0.08 % 6.65% 0.00% 64.23% 2.98% 2.90% 0.00% 11.75% -0.57% 13.19% 0.00% 81.07% 4.77% -1.44% -0.01% 红枣 25.60% 0.89% 18.99% 0.00% 96.29% -7.96% 6.61% 0.01% PCR PCR PCR PCR 2646 -4 -0.60% 0.56% 1075034 -101072 2611291 29732 8106 -41 -0.43% -3.95% 33964 -28101 74821 -2 533 3540 0 0.20% -0.17 % 79676 9507 72826 -1 0247 7954 -94 -0.10% -1.82% 502187 -27312 628723 5653 8922 -136 -0.84% -2.93% 620515 -106981 245142 -7204 2115 -7 -0.28% -0.95% 332769 -171771 503360 -26747 6125 62 1.69% 1.43% 450175 23821 453812 47521 2272 -2 -0.31% -0.35 % 544969 -34954 726619 -2 245 9932 -134 -0.62% 0.50% 602572 -132446 263781 -31641 13760 -5 0.00% 0.47% 193477 28796 522504 12539 7842 -34 -0.20% -0.43 % 44431 -11167 50363 -16765 红枣 9560 85 0.53% 1.67% 47662 619 107180 - 664 IV IV 20HV20 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 PCR PCR PCR 南华期货 PCR 39071 - 12765 74895 1247 0.94 0.14 1.51 0.06 215547 47058 263129 12516 1.09 0.20 0.94 0.03 39518 -11763 70876 2070 0.83 0.11 0.97 -0.03 62561 14151 83670 1911 1.11 - 0.06 1.35 -0.13 54137 -11072 67407 3999 0.52 - 0.06 1.02 0.03 21788 4465 46749 5091 0.24 -0.11 0.39 -0.01 34586 -16817 71281 4705 0.61 - 0.02 0.70 -0.03 631.38 4.32 0.86% 0.10% 260864 -38641 176609 2504 8014 100 0.96% 1.41% 736240 70824 374828 17120 75440 -50 -0.07% -0.17% 58108 - 9741 147370 -3855 20560 160 0.91% 0.83% 109322 23503 177245 60261 25965 95 0.23% 0.06% 128211 -24168 141979 2086 77050 400 0.59% 1.62% 121926 13926 159582 -8708 11760 -25 -0.13% -0.25% 121219 - 13423 98362 -4105 PCR PCR PCR PCR IV IV 20HV20HV 110IV/90IV 110IV/90IV LPG PTA -0.88% 0.00% 0.01% -4.22% 4.83% -2.56% PVC 0.00% 4.12% -1.65% 0.00% -14.62% -0.02% -0.01% -0.01% -0.01% % % % % % % -7.94% 玻璃 氧化铝 -1.80% 0.00% 0.00% 0.00% 7.94% -9.52% -0.08% -0.01% % % -0.02 3.94% 4% -0.3 83.25% 0.00% 24.76% -2.06% 28.70% -0.02 -3.49% 90.31% 30.08% 26.59% 1.07% % 0.14 82.04% 16.52% -0.89% 17.59% 1.69% 107.94% 15.99% 17.68% 0.01% 0.76% 9.57% 67.47% 0.00% 11.26% 0.82% 12.02% 0.00 1.93% 6% -1.0 78.05% 0% 0.0 11.74% -0.40% 13.67% -0.02 0.96% 78.98% 12.32% 13.28% 0.00 2.00% 2% -1.5 54.94% 0% 0.0 5.49% -0.45% 7.49% 0.00 -1.10% 73.86% 11.92% -0.06% 10.82% -0.02 5.24% -3.08% 82.44% 0.00% 11.45% -1.79% 16.69% 0.00 2.49% -4.20% 75.96% 0.00% 12.96% -0.33% 15.45% -0.81% 89.45% 22.51% 0.05% 21.70% 2.02% 80.84% 14.32% -0.75% 16.34% -0.45% 92.12% 0% 0.0 19.32% 18.87% 2.59% -2.26% 94.67% 0.00% 21.95% -1.55% 24.54% 0.02% 5.45% -4.15% 88.62% -0.01% 16.71% 0.18% 22.16% 97419 47842 46315 8457 1.33 0.15 1.33 0.29 98263 -261275 190037 23281 0.43 -0.18 0.32 0 02 LPG 33459 10468 38733 2423 0.53 -0.09 0.56 0 01 PTA 98106 -241114 126755 15411 0.88 -0.03 0.93 -0.07 61087 824 91172 586 0.40 -0.02 0.73 0 00 74177 -86688 83598 18620 0.56 -0.04 1.21 -0.22 PVC 165974 41719 367035 15880 0.54 -0.08 0.26 0 01 28348 5516 91790 2463 0.53 0.11 0.52 0 00 10893 4466 55262 882 0.66 -0.23 0.52 -0 .04 68676 27681 116884 6322 0.37 -0.02 0.57 0 01 93507 -5765 98284 3641 0.52 -0.05 0.87 -0 .02 8533 -13525 16764 922 0.81 0.16 0.88 0 00 3143 -9767 14699 763 0.62 -0.12 1.20 -0.08 4973 3364 11388 369 0.31 -0.79 0.66 -0.06 玻璃 79963 -212656 111732 14721 0.59 -0.22 0.62 -0 .01 氧化铝 197386 -32877 246316 17475 2.20 -0.34 3.03 -0 .04 . . . 南华期货 . . . . 543 10.1 2.47% 1.83% 80395 14049 18343 983 1448 8 0.70% 1.59% 261033 -72351 602037 -84198 LPG 4482 22 1.24% -0.14% 32681 -8907 27839 -2886 PTA 4784 10 0.55% 0.08% 513238 -28269