商品期权：氧化铝主力期货价格今日下跌5.68%，已连续两个交易日跌幅超过5%，价格目前仅小幅高于120日均线，同时，今日期权隐含波动率较上一交易日上升超4个百分点，目前处于历史50%-60%分位数水平

1/6/2025 IV IV 0.74% 3.98% 20HV 20HV 0.00% 0.04% 110IV/90IV 110IV/90IV 13.24% -9.53% 0.00% -0.69%0.00% -0.30%0.00% 0.07%-0.07% -2.19% -2.12% 0.00% 0.10% -11.47% -0.12% 红枣 -0.01% 2.86% 36% -2. 85.67% 0.00% 14.65% -0.58% 17.51% 0.01% 1.31% 07% 0. 68.83% 0.00% 10.15% 48% 0. 11.46% 0.01% 4.54% 29% 0. 61.30% 0.00% 7.61% 40% 0. 12.15% -8.27% 72.85% 28.80% 20.53% -0.02% 3.47% 64% -3. 95.25% 20.99% 24.46% 0.01% 0.67% 73% 0. 68.48% -0.01% 10.91% 15% 0. 11.58% -5.61% 92% -1. 59.31% 15.87% 28% 0. 10.26% 0.00% -2.73% 28% -0. 83.82% 24.91% 22.18% -0.01% -4.00% 43% 0. 89.11% 20.86% 16.86% -5.20% 70.22% 0.00% 21.00% 36% 0. 15.80% 0.00% -6.74% 101.78% 31.35% 24.61% 0.01% 4.76% 11% 2. 90.56% 14.81% 19.57% PCR PCR PCR -48522 -4673 PCR 1 -0.11 0.21-0.09 -81352 -132214 4534 7787 5594 1774 9400 6776 -0.31 -0.14 0.05 1 -0.02 0.04 0.28 红枣 0.01 0.31 00 0. 0.48 483 29095 -2401 3073 0.01 0.64 -0.10 0.86 71 54945 7 -1703 24414 0.00 0.70 0.97 435206 4 -2188 111292 1.35 08 0. 1.67 235566 254505 0.73 00 0. 0.98 209213 97410 0.01 0.81 08 -0. 1.12 232804 24603 199689 -0.0 0.65 0.66 310267 18745 57823 1.41 1.88 73854 -7734 37074 0.00 1.23 01 -0. 2.19 783 51837 -5672 19880 1.00 1.79 114 - 68654 7477 53865 0.01 0.62 0.72 -94 24515 -9459 7538 -0.0 0.47 01 -0. 0.81 649461 182697 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 603093 2697 9 -0.22% 0.95% 1892896 -2131 2266318 -25973 6935 51 0.70% 3.31% 135161 -85342 112813 -21877 3301 -10 -1.14% 0.76% 143439 12398 118366 35 0 7560 -52 -1.43% 1.13% 444319 -93230 667454 10632 8718 -94 -1.80% 1.09% 603568 -67148 265911 11433 2228 0 0.04% 0.31% 600308 73495 1176272 40967 5946 -49 -0.78% -0.65% 368560 70846 394612 -2 353 2356 -1 -1.17% 1.55% 1003866 -134102 687180 38 99 8484 -46 0.02% 1.39% 1039802 -229440 469855 - 14808 13345 -60 -1.04% -0.19% 246382 -35004 664200 14822 7848 10 -0.20% 0.98% 31562 -2715 8 121307 3449 红枣 9100 0 -0.05% 1.57% 38126 -40913 114947 -2 271 14.34% 2.15% 9.61% 0.00% 73.73% 11.44% 4.73% 0.02% 20.13% 0.13% 19.52% 0.00% 76.69% - 2.15% 0.61% 0.00% 11.69% 0.03% 6.52% 0.00% 54.40% 1.7 8% 5.17% 0.00% 11.81% 0.19% 9.67% 0.00% 61.83% -4.15% 2.14% 0.00% 15.45% 0.00% 13.02% 0.00% 71.53% 1.6 8% 2.43% 0.00% 24.15% 0.15% 25.86% 0.08% 102.77% -6.03% -1.71% -0.08% 18.39% 0.03% 18.96% 0.00% 80.27% - 0.36% -0.57% 0.00% IV IV 20HV20HV 110IV/90IV 110IV/90IV 0.00% % LPG PTA 2.01% 1.63% -1.87% 0.00% 6.63% 5.93 -15.42% PVC 3.45% 1.13% -3.03% %0.00% -0.16% % 0.00% -9.19% -15.60%12.68% -0.05% % 玻璃 氧化铝 4.71% 0.51% 1.18% 0.18% 3.28 12.82% % -0.17% -0.12% -17.89% 8.59% 89.17% 0.16% 47.29% 4.13% 29.40% -11.66% 102.42% 39.13% 27.47% -0.02 -0.24% % 97.90% 0.03% 17.98% 17.74% 0.04% -0.09% 8% -1.0 92.27% 0.00% 19.54% 19.45% 0.01% 3.01% % 2.98 73.04% 0.00% 10.29% 0.64% 13.30% -0.01 4.59% 1% -5.1 65.94% 0.00% 10.14% .73% -0 14.73% -4.96% 79.94% 0.02% 16.52% 11.56% 0.01% 2.66% 72.51% 7.73% 10.39% -0.01 -0.66% 58.96% 0.04% 11.62% 10.96% -12.49% -3.97% 86.65% 0.16% 28.46% .36% -0 15.97% 4.79% 2% -1.0 84.40% 0.00% 13.33% .45% -0 18.12% -0.02 -7.82% 87.11% 23.83% 16.01% 0.00% 1.81% % 84.53% 0.01% 16.28% 18.09% 0.01% -4.04% 94.20% 0.01% 22.88% 18.84% -0.01 3.80% 8% -0.6 100.94% 0.02% 21.89% 0.58% 25.69% 9.78% % 4.71 94.62% 0.01% 15.39% 0.65% 25.17% PCR PCR PCR PCR LPG PTA 216936 -0.20 PVC 0.92 0.68 0.16 -0.47 -1.18 -0.03 -0.06 -0.03 玻璃 氧化铝 69243 -0.39 1.04 3 0.0 2.11 1922 153579 26997 - 334403 0.03 0.56 1 0.0 0.89 7148 318401 255687 0.84 0.75 1657 9513 5892 9724 0.51 19 -0. 0.58 4147 44309 -1883 17883 0.98 0.65 2510 39501 14092 39654 0.08 1.36 0.48 1.78 8406 118475 13117 112578 0.08 0.88 1.07 1245 52115 14372 - 38979 0.03 0.89 1.41 1111 36331 7243 20433 0.10 0.83 1.58 4022 26121 16923 34052 -0.01 0.32 20 -0. 0.50 8138 193895 66524 - 69867 0.90 02 -0. 0.87 10068 291369 27283 368824 -0.03 0.64 05 -0. 0.68 1885 67165 34859 - 30308 -0.02 0.78 26 -0. 0.77 14705 353310 525742 0.00 0.59 4 0.0 0.48 719 39641 2955 51276 0.00 0.29 5 0.0 0.77 17826 515399 7806 297826 0.02 2.09 3 0.1 1.14 1311 45711 -2050 86111 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 77183 6023 85574 60 1.25 0.27 1.43 0.03 298326 68508 238136 10754 1.33 -0.24 0.97 0.05 77054 884 64170 450 1.73 -0.86 1.40 0.05 87496 7760 60139 -692 1.78 -0.12 1.27 -0.06 86117 -25551 50550 2076 1.57 -0.11 0.96 0.0 1 203216 103870 144644 9537 0.49 -0.10 0.32 -0. 01 207160 -33470 185274 8686 0.80 -0.14 0.50 0.02 624.92 -3.04 -0.23% -1.11% 178204 2736 95625 -7319 7611 -26 -0.26% - 0.79% 523396 83208 199581 -11481 73600 680 0.79% 1.31% 75363 - 3556 151603 -9276 19565 -275 -1.68% -1.43% 159944 14086 146626 6870 24490 -175 -1.07% 1. 07% 158926 -48801 109194 -5556 77660 1280 1.52% 3.42% 298136 109609 183347 -4670 10780 0 -0.83% 1.57% 147245 2582 113355 -25 61 577 4.9 1.12% -0.59% 89295 -73 39 29899 -2372 1416 0 -0.56% 1.51% 939487 206 81 1085899 6989 LPG 4428 -16 -0.98% 0. 30% 85213 980 0 56904 -4015 PTA 4976 -4 -0.16% -0.52% 962160 406141 1135801 19053 16750 -90 -1.96% 2.