Newsletter summary

In the recent commodity option marketBasicblackjackThe heat of the non-ferrous class has not faded, and the black type has risen again. There is a significant difference between the historical volatility and the implied volatility of Manganese options, and there is an arbitrage opportunity. The sentiment of all kinds of commodity options market is divided, the PCR index of position fluctuates, and the implied volatility is mostly at a historically low level.

Text of news flash

[commodity options market dynamics: arbitrage opportunities highlight, implied volatility becomes the focus] the futures market ushered in a new era this week.BasicblackjackWith the trend of trading, the vitality of the commodity options market remains unchanged. The price fluctuation of non-ferrous and ferrous metal futures has attracted the attention of the market. at the same time, the option varieties with larger market scale have become the focus of investors. According to the latest data analysis, the difference between historical volatility and implied volatility of manganese silicon options leads to arbitrage opportunities. Historical volatility is significantly higher than implied volatility, which provides an opportunity for investors to use IV-HV difference regression model to carry out arbitrage trading. In the commodity futures and options market, the price index of agricultural products (000061) & soft commodities, energetic commodities and black commodities shows an upward trend. In terms of the par option price index, with the exception of black, other categories of commodities showed varying degrees of decline. Energetic commodity options have become a hot spot in the market, with soda ash and PVC futures prices and parity options rising significantly. In terms of market sentiment, the position PCR indicators of urea and staple options show short-term bearish and bearish sentiment in the market. Non-ferrous commodity options were also active, with Shanghai copper and industrial silicon futures rising, while Shanghai gold and silver fell. The PCR index of position and implied volatility are in a high historical range, and the market is divided into long and short sentiment. In black commodity options, the position PCR index of ferrosilicon and iron ore options shows short-term bearish sentiment in the market, while rebar options show strong bearish sentiment. Implied volatility is generally in a high historical range. The agricultural-soft commodity options market also showed mixed gains this week, with vegetable oil and bean 2 futures rising significantly, while cotton and sugar falling. The PCR index of position also reveals the short-term short-term sentiment in the market. The analysis of liquidity and market sentiment in the commodity options market shows that Put-Call Ratio (PCR), as an indicator of the market's long-short tendency, is volatile this week, revealing the complexity of market sentiment. Generally speaking, the volatility of commodity options market provides investors with rich trading opportunities. The comparison between implied volatility and historical volatility, as well as the change of PCR index of position, provide an important basis for trading decision-making for market participants. Investors need to pay close attention to the market dynamics and grasp the investment opportunities brought about by changes in volatility.

(: congratulations