20260204-国泰君安期货-商品期权日报_11页_1mb
报告摘要
2026年2月4日商品期权日报总结
一、农产品市场概况
1.1 期货市场统计
| 品种 |
主力合约 |
收盘价 |
涨跌幅 |
主力成交量 |
变化 |
主力持仓量 |
变化 |
| 玉米 |
c2605 |
2271 |
+1 |
214376 |
-160826 |
799125 |
+97084 |
| 豆粕 |
m2605 |
2723 |
-4 |
768163 |
-317427 |
2215665 |
+61853 |
| 菜粕 |
rm2605 |
2247 |
-2 |
328156 |
-114325 |
926083 |
+3682 |
| 棕榈油 |
p2605 |
9138 |
+44 |
435429 |
+37625 |
468831 |
+5115 |
| 豆油 |
y2605 |
8140 |
+54 |
239979 |
-9094 |
714532 |
-9946 |
| 菜油 |
oi2605 |
9243 |
+28 |
151043 |
-21947 |
285243 |
-120 |
| 花生 |
pk2603 |
8030 |
0 |
38202 |
-1761 |
117582 |
-7123 |
| 豆一 |
a2605 |
4375 |
-9 |
94674 |
-106349 |
245871 |
-3335 |
| 豆二 |
b2605 |
3473 |
+5 |
117828 |
-16231 |
188817 |
-10122 |
| 白糖 |
sr2605 |
5210 |
+43 |
215851 |
-68473 |
451761 |
+262 |
| 棉花 |
cf2605 |
14680 |
+30 |
227115 |
-101381 |
716331 |
-1549 |
| 苹果 |
ap2605 |
9594 |
+109 |
81325 |
-8554 |
106839 |
+5478 |
| 红枣 |
cj2605 |
8905 |
-15 |
45125 |
-22878 |
119675 |
-789 |
| 鸡蛋 |
jd2603 |
2945 |
-8 |
119762 |
-18125 |
179590 |
-61 |
| 玉米淀粉 |
cs2603 |
2510 |
+1 |
61729 |
-17293 |
142275 |
-4322 |
| 生猪 |
lh2605 |
11735 |
+135 |
70275 |
+28093 |
145975 |
+8354 |
1.2 期权市场统计
| 品种 |
成交量 |
变化 |
成交量PCR |
变化 |
持仓量 |
变化 |
持仓量PCR |
变化 |
| 玉米主力 |
84733 |
-13640 |
0.6738 |
0.1572 |
385963 |
-5327 |
0.5884 |
-0.0118 |
| 玉米 |
104394 |
-25165 |
0.6639 |
0.1787 |
535383 |
-1386 |
0.6063 |
-0.0027 |
| 豆粕主力 |
118263 |
-64782 |
0.8641 |
0.0425 |
184122 |
-573 |
0.6211 |
0.0019 |
| 豆粕 |
239122 |
-63757 |
0.7255 |
0.0077 |
637960 |
+21312 |
0.5036 |
0.0096 |
| 菜粕主力 |
52127 |
-15407 |
0.7614 |
-0.1258 |
92971 |
+3880 |
0.6528 |
-0.0238 |
| 菜粕 |
77884 |
-26510 |
0.7682 |
-0.1667 |
235879 |
+5284 |
0.8219 |
-0.0266 |
| 棕榈油主力 |
104285 |
+51412 |
0.3906 |
-0.1779 |
52564 |
+1979 |
0.5612 |
0.0076 |
| 棕榈油 |
132324 |
+55065 |
0.4585 |
-0.1948 |
134286 |
+5590 |
0.7526 |
0.0036 |
| 豆油主力 |
31751 |
+2768 |
0.7843 |
-0.2311 |
35064 |
-902 |
0.5749 |
0.0074 |
| 豆油 |
47981 |
+4789 |
0.7276 |
-0.2912 |
96768 |
+2636 |
0.7363 |
-0.0051 |
| 菜油主力 |
30164 |
+1818 |
0.6955 |
0.0514 |
33625 |
+1510 |
0.7439 |
0.0372 |
| 菜油 |
38913 |
+6450 |
0.7343 |
0.0829 |
58568 |
+3210 |
0.7083 |
0.0504 |
| 花生主力 |
37921 |
+898 |
0.3141 |
-0.1258 |
88665 |
+824 |
0.4061 |
-0.0032 |
| 花生 |
45048 |
-201 |
0.3499 |
-0.0462 |
131381 |
+2507 |
0.4674 |
-0.0072 |
| 豆一主力 |
31790 |
-28746 |
0.5103 |
0.2272 |
65207 |
-446 |
0.7019 |
0.0273 |
| 豆一 |
41553 |
-37442 |
0.5706 |
0.2601 |
105086 |
+1132 |
0.79 |
0.0389 |
| 豆二主力 |
10227 |
+1152 |
0.4932 |
-0.3305 |
9537 |
+1208 |
0.6494 |
-0.1059 |
| 豆二 |
14151 |
-81 |
0.5649 |
-0.4882 |
31076 |
+1775 |
0.9527 |
-0.0355 |
| 白糖主力 |
57967 |
-8835 |
0.4229 |
-0.0951 |
102932 |
-13 |
0.4803 |
0.0176 |
| 白糖 |
91535 |
-21148 |
0.419 |
-0.1328 |
304168 |
+2726 |
0.5145 |
0.0143 |
| 棉花主力 |
100396 |
-24176 |
0.5751 |
0.0131 |
199757 |
+3005 |
0.8485 |
-0.0079 |
| 棉花 |
161891 |
-36147 |
0.5776 |
0.074 |
587764 |
+10426 |
0.837 |
0.0066 |
| 苹果主力 |
4830 |
+172 |
1.5341 |
0.0928 |
22878 |
+365 |
1.6391 |
0.0659 |
| 苹果 |
5275 |
+145 |
1.53 |
-0.0415 |
26505 |
+469 |
1.5721 |
0.0499 |
| 红枣主力 |
7963 |
+177 |
0.1748 |
-0.0074 |
52774 |
+703 |
0.2897 |
0.0005 |
| 红枣 |
8505 |
+272 |
0.2016 |
0.016 |
58905 |
+952 |
0.2977 |
0.0022 |
| 鸡蛋主力 |
55323 |
-16277 |
0.4435 |
-0.0058 |
115498 |
+4486 |
0.3751 |
-0.0169 |
| 鸡蛋 |
64942 |
-18862 |
0.4984 |
-0.0002 |
154581 |
+6824 |
0.4368 |
-0.0055 |
| 淀粉主力 |
10568 |
-2734 |
0.4666 |
0.1418 |
44662 |
+674 |
0.3599 |
-0.0032 |
| 淀粉 |
13346 |
-2212 |
0.4703 |
0.0957 |
54641 |
+817 |
0.485 |
0.0002 |
| 生猪主力 |
21203 |
-1549 |
0.2164 |
-0.0603 |
64417 |
+77 |
0.2351 |
0.0007 |
| 生猪 |
27993 |
+1278 |
0.2393 |
-0.0365 |
93463 |
+2493 |
0.2572 |
0.0016 |
1.3 期权量化指标
| 品种 |
主力合约 |
剩余交易日 |
平值波动率 |
变化 |
60日分位数 |
HV10 |
HV20 |
Skew |
变化 |
60日分位数 |
| 玉米 |
c2603 |
11 |
9.53% |
-0.07% |
36.67% |
5.64% |
6.04% |
9.52% |
1.83% |
55.0% |
| 豆粕 |
m2603 |
11 |
15.49% |
1.21% |
98.33% |
12.03% |
9.74% |
12.14% |
-5.69% |
41.67% |
| 菜粕 |
rm2603 |
5 |
21.52% |
1.15% |
85.0% |
15.57% |
15.63% |
-3.8% |
-1.04% |
11.67% |
| 棕榈油 |
p2603 |
11 |
20.76% |
-0.41% |
91.67% |
21.32% |
17.73% |
18.56% |
0.9% |
88.33% |
| 豆油 |
y2603 |
11 |
14.78% |
-0.27% |
88.33% |
17.36% |
13.04% |
17.17% |
-1.25% |
95.0% |
| 菜油 |
oi2603 |
5 |
16.84% |
0.08% |
75.0% |
25.36% |
23.06% |
6.26% |
3.27% |
85.0% |
| 花生 |
pk2603 |
5 |
11.03% |
-1.4% |
65.0% |
3.94% |
6.39% |
11.26% |
-5.38% |
13.33% |
| 豆一 |
a2603 |
11 |
14.77% |
-1.93% |
93.33% |
11.0% |
8.83% |
16.4% |
-6.53% |
70.0% |
| 豆二 |
b2603 |
11 |
14.54% |
-0.06% |
96.67% |
14.81% |
11.32% |
20.94% |
-0.81% |
96.67% |
| 白糖 |
sr2603 |
5 |
10.66% |
-0.99% |
81.67% |
10.33% |
9.73% |
24.76% |
-0.12% |
86.67% |
| 棉花 |
cf2603 |
5 |
14.27% |
-0.73% |
73.33% |
17.78% |
15.09% |
31.84% |
2.21% |
61.67% |
| 苹果 |
ap2605 |
33 |
27.37% |
-0.0% |
93.33% |
15.76% |
20.21% |
-7.82% |
-3.75% |
36.67% |
| 红枣 |
cj2605 |
33 |
20.99% |
-0.2% |
85.0% |
11.29% |
13.48% |
13.95% |
1.36% |
56.67% |
| 鸡蛋 |
jd2603 |
11 |
22.75% |
0.06% |
83.33% |
12.74% |
12.6% |
7.29% |
-1.71% |
78.33% |
| 淀粉 |
cs2603 |
11 |
9.19% |
-0.24% |
25.0% |
6.44% |
7.29% |
28.97% |
2.46% |
100.0% |
| 生猪 |
lh2603 |
11 |
24.72% |
-2.12% |
95.0% |
10.22% |
11.16% |
15.41% |
-0.65% |
40.0% |
二、能源化工市场概况
2.1 期货市场统计
| 品种 |
主力合约 |
收盘价 |
涨跌幅 |
主力成交量 |
变化 |
主力持仓量 |
变化 |
| PTA |
ta2605 |
5218 |
+68 |
1123422 |
+59112 |
1394826 |
+17752 |
| 乙二醇 |
eg2605 |
3788 |
+21 |
286954 |
-34451 |
398467 |
+10111 |
| 橡胶 |
ru2605 |
16385 |
+205 |
245413 |
-8865 |
159917 |
+6412 |
| 聚乙烯 |
12605 |
6918 |
+53 |
410254 |
-131923 |
529051 |
+17366 |
| 聚丙烯 |
pp2605 |
6801 |
+71 |
380922 |
-33030 |
521043 |
+11151 |
| 甲醇 |
ma2605 |
2279 |
+32 |
1037404 |
+231808 |
821944 |
+4909 |
| 苯乙烯 |
eb2603 |
7777 |
+116 |
698161 |
-17892 |
318812 |
-1075 |
| LPG |
pg2603 |
4251 |
+57 |
63145 |
-9415 |
60675 |
-4471 |
| PVC |
v2605 |
5155 |
+84 |
2182106 |
-24041 |
1152260 |
+102782 |
| 原油 |
sc2603 |
462.4 |
+13.0 |
99401 |
-20514 |
27679 |
-5245 |
| BR橡胶 |
br2604 |
13360 |
+115 |
69473 |
-11003 |
68597 |
-10 |
| 对二甲苯 |
px2605 |
7296 |
+90 |
236271 |
+1807 |
277125 |
-694 |
| 烧碱 |
sh2603 |
1978 |
+9 |
442967 |
-292762 |
188688 |
-16113 |
| 纯碱 |
sa2605 |
1229 |
+28 |
1434709 |
+446641 |
1178805 |
+12546 |
| 短纤 |
pf2604 |
6630 |
+76 |
112699 |
-2156 |
131163 |
+37184 |
| 尿素 |
ur2605 |
1787 |
+17 |
130536 |
-13268 |
228271 |
-3727 |
| 玻璃 |
fg2605 |
1109 |
+37 |
2005184 |
+764294 |
1148932 |
-1452 |
| 原木 |
lg2603 |
807 |
+6 |
8544 |
+1813 |
9329 |
+427 |
| 瓶片 |
pr2605 |
6178 |
+58 |
49705 |
+23239 |
35706 |
+9143 |
| 纯苯 |
bz2603 |
6210 |
+114 |
22207 |
+223 |
28166 |
-899 |
| 燃料油 |
fu2605 |
2779 |
+86 |
478925 |
+24274 |
246269 |
+4949 |
| 沥青 |
bu2603 |
3361 |
+52 |
148496 |
-18918 |
98945 |
-11833 |
| 纸浆 |
sp2605 |
5324 |
+48 |
210175 |
+4218 |
279509 |
+536 |
| 双胶纸 |
op2604 |
4060 |
+20 |
4664 |
-901 |
13911 |
+104 |
2.2 期权市场统计
| 品种 |
成交量 |
变化 |
成交量PCR |
变化 |
持仓量 |
变化 |
持仓量PCR |
变化 |
| PTA主力 |
650451 |
+292091 |
0.4542 |
-0.2101 |
295942 |
+48660 |
0.7603 |
0.1266 |
| PTA |
714195 |
+263130 |
0.4475 |
-0.1745 |
495593 |
+50320 |
0.7946 |
0.0716 |
| 乙二醇主力 |
41204 |
-14066 |
0.1822 |
-0.2347 |
61780 |
+1866 |
0.2249 |
-0.0252 |
| 乙二醇 |
53519 |
-17061 |
0.2272 |
-0.2154 |
105624 |
+3956 |
0.3443 |
-0.0219 |
| 橡胶主力 |
10436 |
+1369 |
0.2783 |
-0.0187 |
40208 |
-302 |
0.4421 |
0.0046 |
| 橡胶 |
18469 |
+3672 |
0.2091 |
-0.0526 |
55765 |
-53 |
0.4314 |
0.0052 |
| 聚乙烯主力 |
17335 |
+1328 |
0.5257 |
-0.1707 |
31765 |
-228 |
0.4261 |
-0.0243 |
| 聚乙烯 |
26148 |
+67 |
0.4486 |
-0.0423 |
62037 |
+777 |
0.4558 |
-0.0055 |
| 聚丙烯主力 |
19782 |
+1662 |
0.3696 |
-0.2364 |
40648 |
+439 |
0.5039 |
0.0079 |
| 聚丙烯 |
26031 |
-447 |
0.4586 |
-0.2343 |
84458 |
+902 |
0.5579 |
0.013 |
| 甲醇主力 |
260267 |
+73596 |
0.3923 |
-0.2015 |
301707 |
+39535 |
0.3347 |
-0.0089 |
| 甲醇 |
303837 |
+75415 |
0.4225 |
-0.1488 |
459255 |
+41360 |
0.4363 |
-0.0252 |
| 苯乙烯主力 |
212285 |
+31887 |
0.2706 |
-0.1365 |
87499 |
+1918 |
0.7635 |
-0.0128 |
| 苯乙烯 |
218980 |
+37230 |
0.2772 |
-0.1327 |
93778 |
+3090 |
0.7581 |
-0.0157 |
| LPG主力 |
22443 |
+9586 |
0.3965 |
-0.1392 |
24989 |
+1278 |
0.6187 |
0.0358 |
| LPG |
23518 |
+8445 |
0.3947 |
-0.107 |
29483 |
+1368 |
0.6088 |
0.0344 |
| PVC主力 |
238679 |
-29764 |
0.2629 |
-0.0085 |
180049 |
+3643 |
0.4518 |
0.0238 |
| PVC |
303308 |
-20584 |
0.2792 |
0.02 |
311256 |
+7433 |
0.4278 |
0.0256 |
| 原油主力 |
23451 |
+22928 |
0.315 |
-0.2206 |
22807 |
+4528 |
0.5552 |
-0.0716 |
| 原油 |
24189 |
-214834 |
0.3251 |
-0.5453 |
25160 |
+4733 |
0.5623 |
-0.0623 |
| BR橡胶主力 |
89367 |
+28623 |
0.2874 |
-0.2436 |
38066 |
+2488 |
0.8228 |
0.0238 |
| BR橡胶 |
92965 |
+28773 |
0.3218 |
-0.2548 |
45515 |
+2593 |
0.9489 |
0.0116 |
| PX主力 |
13066 |
+3878 |
0.6964 |
0.0831 |
10865 |
+1265 |
0.9651 |
0.2304 |
| PX |
19172 |
+2761 |
0.6455 |
0.0296 |
28507 |
+1557 |
0.8156 |
0.0725 |
| 烧碱主力 |
2 |
|
|
|
|
|
|
|
展开完整摘要
试读结束，高清完整版pdf/doc/ppt,请点下载