原油日报 | 2026-01-22 敏感油海上在途货量维持高位 近期随着全球原油发货量与到货量的重新对齐，合规油的海上在途货量持续下降已经回到正常水平，大约在8亿桶， 而敏感油海上在途货量依然维持高位，大约在4亿桶，这显示当前的市场过剩依然集中在敏感油，核心的问题依然 是敏感油的消纳能力不足，部分买家如印度信实依然没有重返俄油采购，而这一现象对油价的影响相对中性。 策略 油价短期区间震荡，中期空头配置 风险 下行风险：俄乌和谈达成协议，宏观黑天鹅事件 上行风险：制裁油（俄罗斯、伊朗、委内瑞拉）供应收紧、中东冲突导致大规模断供 市场要闻与重要数据 1、 纽约商品交易所3月交货的轻质原油期货价格上涨26美分，收于每桶60.62美元，涨幅为0.43%；3月交货的伦敦 布伦特原油期货价格上涨32美分，收于每桶65.24美元，涨幅为0.49%。SC原油主力合约收涨1.22%，报447元/桶。 （来源：Bloomberg） 2、 印度信实工业公司在暂停一个月后，将于二月和三月接收符合制裁规定的俄罗斯原油。此前，信实工业在获 得美国为期一个月的豁免后，于去年12月最后一次接收俄罗斯原油。该豁免允许其在11月21日最后期限后 ...

Report Industry Investment Rating - The investment rating for the lead industry is neutral [4] Core Viewpoints - The lead market currently has a weak supply - demand situation. The overall rise of the non - ferrous sector previously drove up the lead price, but it declined with the general correction of non - ferrous metals in the second half of the week. The lead price is expected to fluctuate between 16,900 yuan/ton and 17,800 yuan/ton [4] Summary by Relevant Catalogs Market News and Important Data Spot Market - On January 21, 2026, the LME lead spot premium was -$46.32/ton. The SMM1 lead ingot spot price decreased by 125 yuan/ton to 16,875 yuan/ton. SMM Shanghai lead spot premium changed by -25 yuan/ton to 0 yuan/ton. SMM Guangdong lead changed by -100 yuan/ton to 16,925 yuan/ton. SMM Henan lead changed by -125 yuan/ton to 16,850 yuan/ton. SMM Tianjin lead changed by -100 yuan/ton to 16,925 yuan/ton. The lead refined - scrap price difference remained unchanged at -100 yuan/ton. The price of waste electric vehicle batteries decreased by 25 yuan/ton to 10,050 yuan/ton, waste white shells decreased by 25 yuan/ton to 10,175 yuan/ton, and waste black shells decreased by 25 yuan/ton to 10,375 yuan/ton [1] Futures Market - On January 21, 2026, the main Shanghai lead futures contract opened at 17,120 yuan/ton and closed at 17,115 yuan/ton, down 110 yuan/ton from the previous day. The trading volume was 46,316 lots, an increase of 9,580 lots from the previous day. The open interest was 69,351 lots, a decrease of 4,839 lots. The intraday price fluctuated between 17,035 yuan/ton and 17,160 yuan/ton. In the night session, it opened at 17,100 yuan/ton and closed at 17,300 yuan/ton, up 0.32% from the afternoon close. The SMM1 lead price dropped 125 yuan/ton the previous day. In Henan, some smelters sold mainly through long - term contracts, and traders offered discounts of 200 - 160 yuan/ton to the SHFE 2602 contract, with a small amount of large - discount goods sold. In Hunan, smelters' discount quotes narrowed, and transactions improved slightly. Traders offered discounts of 75 - 50 yuan/ton to SMM1 lead or 200 - 180 yuan/ton to the SHFE 2602 contract. Although downstream purchasing intention improved at lower prices, downstream orders showed no obvious improvement and market transactions were still light [2] Inventory - On January 21, 2026, the SMM lead ingot inventory was 34,000 tons, an increase of 1,600 tons from the previous week. As of January 21, the LME lead inventory was 222,650 tons, a decrease of 2,925 tons from the previous day [3] Strategy - For enterprises with hedging needs, they can conduct buying and selling hedging operations at the edges of the 16,900 - 17,800 yuan/ton range according to their own needs. The option strategy is to sell a wide straddle [4]

1. Report Industry Investment Ratings - The investment rating for the soybean meal industry is cautiously bearish [3]. - The investment rating for the corn industry is neutral [5]. 2. Core Views of the Report - For the soybean meal industry, although the inventory has significantly declined but remains higher than the same period last year, and the recent auctions of imported soybeans have been favorable, resulting in a relatively loose domestic supply. The expected high - yield of Brazilian soybeans further consolidates, and future supply pressure persists, so attention should be paid to the South American soybean harvest and U.S. soybean export situations [1][2]. - For the corn industry, as the shipping situation has improved to some extent, the inventories in the north - south ports have slightly increased. However, due to the high price in the southern port, feed enterprises have not carried out large - scale replenishment and still mainly purchase on - demand. The current inventory is still lower than the historical average. Future focus should be on spot purchase and sales, imports, and grain auctions [3][4]. 3. Summary by Related Catalogs 3.1. Soybean Meal 3.1.1. Market News and Important Data - Futures: The closing price of the soybean meal 2605 contract was 2725 yuan/ton, a change of - 11 yuan/ton or - 0.40% from the previous day. The closing price of the rapeseed meal 2605 contract was 2228 yuan/ton, a change of - 1 yuan/ton or - 0.04% from the previous day [1]. - Spot: In Tianjin, the soybean meal spot price was 3160 yuan/ton, unchanged from the previous day, with a spot basis of M05 + 435, a change of + 11 from the previous day. In Jiangsu, it was 3050 yuan/ton, a change of - 10 yuan/ton from the previous day, with a spot basis of M05 + 325, a change of + 1 from the previous day. In Guangdong, it was 3060 yuan/ton, a change of - 10 yuan/ton from the previous day, with a spot basis of M05 + 335, a change of + 1 from the previous day. In Fujian, the rapeseed meal spot price was 2430 yuan/ton, unchanged from the previous day, with a spot basis of RM05 + 202, a change of + 1 from the previous day [1]. - Market Information: On January 20, the Brazilian National Association of Grain Exporters slightly raised the export forecast for January soybeans to 379 million tons, up from 373 million tons a week ago. As of the week ending January 15, 2026, the U.S. soybean export inspection volume was 133.7 million tons, with a market forecast of 100 - 140 million tons, and the previous week's revised volume was 159.3 million tons, with an initial value of 153 million tons [1]. 3.1.2. Market Analysis The soybean meal inventory has declined significantly but is still higher than last year. The good situation of imported soybean auctions has led to a relatively loose domestic supply. The expected high - yield of Brazilian soybeans is further consolidated, and future supply pressure continues. The focus should be on the South American soybean harvest and U.S. soybean export situations [2]. 3.1.3. Strategy The strategy is cautiously bearish [3]. 3.2. Corn 3.2.1. Market News and Important Data - Futures: The closing price of the corn 2603 contract was 2283 yuan/ton, a change of + 3 yuan/ton or + 0.13% from the previous day. The closing price of the corn starch 2603 contract was 2551 yuan/ton, a change of + 1 yuan/ton or + 0.04% from the previous day [3]. - Spot: In Liaoning, the corn spot price was 2150 yuan/ton, unchanged from the previous day, with a spot basis of C03 + 62, a change of - 3 from the previous day. In Jilin, the corn starch spot price was 2630 yuan/ton, unchanged from the previous day, with a spot basis of CS03 + 79, a change of - 1 from the previous day [3]. - Market Information: On January 20, as of the week ending January 15, 2026, the U.S. corn export inspection volume was 148.3 million tons, with a market forecast of 100 - 140 million tons, and the previous week's revised volume was 150.4 million tons, with an initial value of 149 million tons [3]. 3.2.2. Market Analysis As the shipping situation has improved, the inventories in the north - south ports have slightly increased. However, due to the high price in the southern port, feed enterprises have not carried out large - scale replenishment and still mainly purchase on - demand. The current inventory is still lower than the historical average. Future focus should be on spot purchase and sales, imports, and grain auctions [4]. 3.2.3. Strategy The strategy is neutral [5].

聚烯烃日报 | 2026-01-22 下游淡季需求偏弱，继续拖累价格走势 策略 单边：LLDPE中性，PP中性；宏观扰动减弱，市场情绪降温，市场重新回归基本面交易，短期或偏弱震荡为主 跨期：无 市场要闻与重要数据 价格与基差方面，L主力合约收盘价为6666元/吨（+26），PP主力合约收盘价为6485元/吨（+24），LL华北现货为6540 元/吨（+0），LL华东现货为6650元/吨（-50），PP华东现货为6410元/吨（+0），LL华北基差为-126元/吨（-26），LL 华东基差为-16元/吨（-76）， PP华东基差为-75元/吨（-24）。 上游供应方面，PE开工率为81.6%（-2.1%），PP开工率为75.6%（+0.1%）。 生产利润方面，PE油制生产利润为85.3元/吨（-100.9），PP油制生产利润为-444.7元/吨（-100.9），PDH制PP生产利 润为-644.4元/吨（-15.9）。 进出口方面，LL进口利润为95.8元/吨（-27.1），PP进口利润为-403.7元/吨（+3.0），PP出口利润为-58.3美元/吨（-0.4）。 下游需求方面，PE下游农膜开工率为36.9% ...

丙烯日报 | 2026-01-22 现货交投尚可，短期跟随成本端波动 市场要闻与重要数据 丙烯方面：丙烯主力合约收盘价5993元/吨（+30），丙烯华东现货价6325元/吨（+0），丙烯华北现货价6170元/吨（+15）， 丙烯华东基差332元/吨（-30），丙烯山东基差177元/吨（-15）。丙烯开工率75%（-1%），中国丙烯CFR-日本石脑油 CFR251美元/吨（+5），丙烯CFR-1.2丙烷CFR75美元/吨（+3），进口利润-332元/吨（-38），厂内库存46270吨（+1580）。 丙烯下游方面：PP粉开工率32%（-5.84%），生产利润-170元/吨（-25）；环氧丙烷开工率72%（-1%），生产利润186 元/吨（+70）；正丁醇开工率87%（+4%），生产利润663元/吨（-9）；辛醇开工率94%（+5%），生产利润736元/吨（+40）； 丙烯酸开工率82%（-5%），生产利润159元/吨（+0）；丙烯腈开工率78%（-1%），生产利润-1378元/吨（+92）；酚 酮开工率89%（+4%），生产利润-892元/吨（+27）。 市场分析 供应端，整体供应端趋紧，PDH装置停车信息持续 ...

市场流动性概况 2026-01-21，股指板块成交8561.70亿元，较上一交易日变动-12.04%；持仓金额16664.12亿元，较上一交易日变动 -0.52%；成交持仓比为51.27%。 国债板块成交3493.79亿元，较上一交易日变动+5.05%；持仓金额8437.09亿元，较上一交易日变动+1.08%；成交持 仓比为41.77%。 基本金属板块成交9387.69亿元，较上一交易日变动+13.38%；持仓金额7849.50亿元，较上一交易日变动+2.14%； 成交持仓比为114.47%。 贵金属板块成交12638.94亿元，较上一交易日变动+49.14%；持仓金额6473.05亿元，较上一交易日变动+4.43%；成 交持仓比为234.98%。 能源化工板块成交4336.96亿元，较上一交易日变动+2.91%；持仓金额4701.26亿元，较上一交易日变动+1.34%；成 交持仓比为89.48%。 农产品板块成交2567.70亿元，较上一交易日变动-1.64%；持仓金额6144.08亿元，较上一交易日变动+1.07%；成交 持仓比为37.17%。 黑色建材板块成交1572.24亿元，较上一交易日变动-27. ...

1. Report's Investment Ratings for the Industry - Steel: Sideways [1] - Iron Ore: Short on rallies [3] - Coking Coal and Coke: Sideways [6] - Thermal Coal: No strategy provided [8] 2. Core Views of the Report - Steel market sentiment is weak, and steel prices are moving sideways. The fundamentals of building materials have weakened, with lackluster demand and prominent off - season characteristics. The fundamentals of plates have limited contradictions, but high inventories suppress price elasticity [1]. - Iron ore prices are moving sideways. Australian and Brazilian shipments have declined, and domestic arrivals have also decreased but remain at a historical high. Steel mill blast furnace hot metal production has dropped, and port inventories have continued to accumulate. There are uncertainties in the long - term due to potential supply shocks [2]. - Coking coal and coke prices are moving sideways. The first round of coke price increases has not been implemented. Steel mills have low willingness to replenish inventory. There is a game between steel and coke. Before the Spring Festival, there is an expectation of inventory replenishment, which may support coke demand [4][5]. - Thermal coal prices are weakly operating. Terminal users are purchasing on - demand. Market sentiment is bearish. In the medium to long - term, the supply is in a loose pattern [7]. 3. Summary by Related Catalogs Steel - **Market Analysis**: The main contract of rebar futures closed at 3117 yuan/ton, and that of hot - rolled coil at 3286 yuan/ton. In Hangzhou on Tuesday, rebar inventory was 470,000 tons, and the outbound volume was 36,000 tons. Nationwide building material transactions were 76,328 [1]. - **Supply - Demand and Logic**: The supply - demand of building materials has weakened, with lackluster demand. The fundamentals of plates have limited contradictions, but high inventories suppress price elasticity. Short - term market sentiment is weak, and attention should be paid to production cuts, winter storage, demand destocking, profits, cost support, raw material replenishment, steel exports, and domestic policies [1]. - **Strategy**: Sideways for single - sided trading; no strategies for inter - period, inter - commodity, spot - futures, and options trading [1] Iron Ore - **Market Analysis**: Iron ore prices moved sideways. Spot prices in Tangshan's imported iron ore market fell slightly, and the overall trading atmosphere was average [2]. - **Supply - Demand and Logic**: Australian and Brazilian shipments declined, and domestic arrivals also dropped but were still at a historical high. Affected by safety accidents, steel mill blast furnace hot metal production continued to fall. The 242 - steel - mill blast furnace operating rate decreased by 0.15% month - on - month, and the daily average hot metal output of sample steel mills decreased by 210 tons month - on - month. Port inventories continued to accumulate. There are uncertainties in the long - term due to supply shocks if liquidity - locking factors are removed. Short - term attention should be paid to subsequent negotiations and steel mill inventory replenishment [2]. - **Strategy**: Short on rallies for single - sided trading; no strategies for inter - period, inter - commodity, spot - futures, and options trading [3] Coking Coal and Coke - **Market Analysis**: Coking coal and coke prices were stable with a slightly upward trend following steel. The main contract of coking coal futures closed at 1129 yuan/ton, and that of coke at 1683.5 yuan/ton. Mongolian coal customs clearance remained at a high level, and domestic coal mine production was relatively stable. Coke enterprises' procurement pace slowed down, and transactions were average. The first round of coke price increases has not been implemented [4][5]. - **Supply - Demand and Logic**: Steel mill profits are under pressure, and blast furnace operating rates and hot metal production continue to decline. The recent decline in raw material prices has repaired steel profits to some extent. Steel mills are still waiting and seeing about coke price increases. There is an expectation of inventory replenishment before the Spring Festival, which may support coke demand. The short - term fundamentals of coking coal have no prominent contradictions. Before the Spring Festival, the downward space of coking coal is limited, and it will continue to move sideways in the short term. Attention should be paid to coking coal supply policies, steel mill profits, coking profits, and finished product demand [5]. - **Strategy**: Sideways for both coking coal and coke in single - sided trading; no strategies for inter - period, inter - commodity, spot - futures, and options trading [6] Thermal Coal - **Market Analysis**: In the production areas, coal prices in major production areas fell weakly. Terminal users such as metallurgical, chemical, and power plants purchased on - demand. Market sentiment was bearish. In the port area, coal prices were weakly operating. Downstream purchasing enthusiasm declined. In the import market, transactions were sluggish, and bid prices decreased [7]. - **Supply - Demand and Logic**: Market sentiment is wait - and - see, and production area supply is gradually recovering. In the medium to long - term, the supply is in a loose pattern, and attention should be paid to non - power coal consumption and inventory replenishment [7] - **Strategy**: No strategy provided [8]

Group 1: Report Investment Ratings and Strategies - Glass investment strategy: Oscillation [2] - Soda ash investment strategy: Oscillation with a downward bias [2] - Silicomanganese investment strategy: Oscillation [4] - Ferrosilicon investment strategy: Oscillation [4] Group 2: Core Views - The market sentiment is weak, and steel prices are oscillating. The resumption of production lines in the glass and soda ash sectors has led to a decline in their futures prices. The double - silicon market is suppressed by inventory, and the alloy prices are oscillating weakly [1][3] Group 3: Glass Market - Market performance: The glass futures market oscillated downward yesterday, while the spot market quotes remained stable, and the trading atmosphere in both futures and spot markets was cold [1] - Supply - demand and logic: The supply - demand contradiction in the glass market has improved slightly, but the terminal rigid demand for float glass is difficult to break through in the off - season. In the short term, the glass futures maintain a premium. The glass industry still needs to reduce prices to further cut production due to high inventory. Future focus is on cold - repair and speculative activities [1] Group 4: Soda Ash Market - Market performance: The soda ash futures market oscillated downward yesterday. The spot market was cautious, and downstream enterprises mainly made rigid - demand purchases [1] - Supply - demand and logic: The supply - demand contradiction in the soda ash market is increasing. New production capacity and the resumption of some devices have increased production, keeping the supply at a high level. The rigid demand from downstream float glass is average, and the demand improvement in photovoltaic glass is limited. If the weak fundamentals continue, soda ash will face further downward pressure. Future focus is on float glass production line changes and new soda ash production projects [1] Group 5: Silicomanganese Market - Market performance: The main contract of silicomanganese continued its weak oscillation yesterday, with limited price fluctuations and small trading volume changes. The 6517 silicomanganese price is 5570 - 5680 yuan/ton in the northern market and 5700 - 5750 yuan/ton in the southern market [3] - Supply - demand and logic: The fundamentals of silicomanganese have improved, but inventory pressure is still large, and new production capacity is being added. The supply - demand situation is still loose. There is an expected increase in pig iron production and pre - Spring Festival restocking by steel mills, which may improve demand. The South African tariff policy may increase manganese ore costs. Future focus is on manganese ore cost support and production changes [3] Group 6: Ferrosilicon Market - Market performance: The ferrosilicon futures oscillated yesterday. As the January steel procurement is coming to an end, the ferrosilicon market has adjusted slightly, with reduced enthusiasm from traders. The price of 72 - grade ferrosilicon in the main production areas is 5200 - 5250 yuan/ton, and the 75 - grade is 5800 - 5850 yuan/ton [3] - Supply - demand and logic: The fundamental contradictions in the ferrosilicon market are controllable, and enterprises are actively reducing production loads. Considering steel mill复产 and winter storage restocking, demand is expected to improve. The differential electricity price policy in Shaanxi has affected market sentiment, but the expected decline in domestic electricity prices and overall over - capacity in the ferrosilicon industry will suppress price increases. Future focus is on inventory reduction and electricity price policies in production areas [3]

Group 1: Report Industry Investment Rating - Not mentioned in the provided content Group 2: Core Views of the Report - The current hedging cost - performance in the derivatives market is prominent, and the timing is right. Both the futures and options have low hedging costs, meeting the risk - hedging needs of the current high - level volatile A - share market [3][4]. - The core of futures hedging lies in contract optimization, which can effectively reduce hedging costs. By selecting contracts with the highest annualized basis rate and dynamically shifting positions, the hedging effect can be optimized [4]. - The combined futures and options hedging strategy achieves the best balance between risk and return. After a sharp market decline, switching to put options can avoid the drawbacks of futures hedging and retain upside potential while hedging downside risks [5]. Group 3: Summaries According to the Table of Contents Preface - In January 2026, the A - share market entered a high - level volatile phase after the 17 - day consecutive bull market. The high valuation of major indices increased the market correction risk, while the hedging costs of options and futures were low, making it a good time for investors to engage in hedging [12]. What is Hedging Cost? - **Futures Hedging Cost**: The hedging cost of stock index futures is the premium. The annualized basis rate represents the hedging cost of each contract, and relevant data can be found on the Huatai Futures Tianji platform [14]. - **Options Hedging Cost**: The hedging cost of stock index options is the time value of the option contract. The implied volatility index reflects the size of the option time value, and relevant data can also be found on the Huatai Futures Tianji platform. The price of options is also affected by the premium of stock index futures [15][16]. - **Analysis of Current Market Hedging Costs**: The hedging costs of both stock index futures and options are at historical lows. The premium of futures contracts is at a low level, and some near - month contracts have even shown a premium. The implied volatility of the CSI 1000 index has dropped to 20.65% [17]. Stock Index Futures and Options Hedging Strategies - **Spot Selection**: The report selects the CSI 1000 index - enhanced fund "SMXXXX87" as the spot for hedging. Index - enhanced funds are suitable for hedging with derivatives, and most neutral hedge funds in the market are equivalent to the combination of index - enhanced funds and short - positions in stock index futures [18][19][20]. - **Back - testing Settings**: The back - test targets are CSI 1000 stock index futures and options, covering the period from July 22, 2022, to January 9, 2026. All positions are opened at the opening time, with specific trading costs for futures and options [21]. - **Stock Index Futures Hedging**: Using near - month futures contracts for long - term hedging can significantly reduce portfolio volatility but sacrifices some returns. The annualized return of the hedging portfolio decreased by 7.66%, while risk indicators such as volatility and drawdown were greatly improved [21][24]. - **Stock Index Futures Hedging (Contract Optimization)**: By optimizing the contract selection, the hedging cost can be reduced. The optimization method is to select the contract with the highest annualized basis rate for opening positions and shift positions based on the basis rate difference. The back - test shows that the annualized return of the optimized futures hedging strategy is about 2.5% higher than that of the near - month futures hedging strategy [23][25][26]. - **Stock Index Futures and Options Hedging (Using Options after a Sharp Decline)**: This strategy combines futures and options. When the market experiences a sharp decline, it switches from short - positions in futures to long - positions in put options. The back - test shows that the annualized return of this strategy reaches 22.68%, the maximum drawdown is reduced to 11.11%, and the Sharpe ratio is increased to 2.0, outperforming the pure futures hedging strategy and the CSI 1000 index - enhanced fund [34][35][37]. - **Summary**: The report summarizes the net value curves and risk - return indicators of each strategy, showing that the combined futures and options hedging strategy has the best performance [37][38][39]. Stock Index Futures and Options Hedging Case Analysis - **CSI 1000 Case Period Trend**: The report selects the historical period from October 10, 2024, to February 10, 2025, for case analysis. This period is similar to the current market situation and has a relatively complete market cycle [42]. - **Near - Month Futures Hedging Case Analysis**: The near - month futures hedging strategy continuously holds short - positions in near - month futures contracts and shifts positions when the contract expiration is less than 10 trading days. In this four - month period, the derivatives end of this strategy transferred positions 3 times, with a total loss of 315.8 points [45]. - **Optimized Futures Hedging Case Analysis**: The optimized futures hedging strategy selects contracts with the highest annualized basis rate for opening positions and shifts positions based on the basis rate difference and contract expiration. In this four - month period, the strategy transferred positions 4 times, with a total loss of 259 points, less than the near - month futures hedging strategy [48][49]. - **Optimized Futures and Options Hedging Case Analysis**: This strategy switches from short - positions in futures to long - positions in put options when the market experiences a sharp decline. In this four - month period, the strategy transferred positions 7 times, with a total profit of 282.8 points, outperforming the optimized futures hedging strategy [52][53]. Conclusion - The report comprehensively analyzes stock index futures and options hedging strategies, defines their hedging costs, designs and back - tests three types of hedging strategies. The optimized futures and options hedging strategy achieves the best balance between risk and return. The case analysis further verifies its effectiveness, and investors can use the quantitative timing futures - options hedging strategy in the current market environment for portfolio appreciation [57].

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - No core viewpoints explicitly stated in the report 3. Summary by Directory Option Trading Volume - On January 20, 2026, the trading volume of SSE 50 ETF options was 1065900 contracts; CSI 300 ETF options (Shanghai) was 1321000 contracts; CSI 500 ETF options (Shanghai) was 1865900 contracts; Shenzhen 100 ETF options was 101200 contracts; ChiNext ETF options was 2065100 contracts; SSE 50 index options was 31200 contracts; CSI 300 index options was 85000 contracts; and CSI 1000 options was 301700 contracts [1] - The table shows the call, put, and total trading volumes of different index ETF options on the same day, such as the total trading volume of SSE 50 ETF options was 887700 contracts [19] Option PCR - The turnover PCR of SSE 50 ETF options was reported at 0.92, with a +0.03 change from the previous period; the position PCR was 0.77, with a -0.05 change [2] - Similar data for other types of options are also provided, including CSI 300 ETF options (Shanghai), CSI 500 ETF options (Shanghai), etc. [2][34] Option VIX - The VIX of SSE 50 ETF options was reported at 15.13%, with a -0.30% change from the previous period; the VIX of CSI 300 ETF options (Shanghai) was 15.14%, with a -0.86% change [3] - VIX data and their changes for other options like CSI 500 ETF options (Shanghai), Shenzhen 100 ETF options are also presented [3][47]