Report Industry Investment Rating - Not provided in the content Core Viewpoints - Corn futures prices rose slightly, with the futures main contract C2601 closing at 2,144 yuan/ton, and the option implied volatility decreased slightly [1][2] - Soybean meal futures prices fell slightly, with the futures main contract M2601 closing at 2,889 yuan/ton, and the option implied volatility continued to rise [1][2] Summary by Relevant Catalogs 1. Futures Market Data Statistics - Corn main contract C2601 closed at 2,144 yuan/ton, up 6 yuan or 0.28%, with a trading volume of 597,677 (down 75,378) and an open interest of 849,415 (up 49,071) [3] - Soybean meal main contract M2601 closed at 2,889 yuan/ton, down 6 yuan or -0.21%, with a trading volume of 746,759 (down 200,095) and an open interest of 1,985,599 (up 1,290) [3] 2. Option Market Data Statistics - Corn option trading volume was 133,679 (down 41,494), the trading volume PCR was 0.727 (down 0.152), the open interest was 451,544 (up 3,895), and the open interest ratio was 0.383 (down 0.014) [8] - Soybean meal option trading volume was 225,780 (down 127,165), the trading volume PCR was 0.840 (down 0.081), the open interest was 1,066,736 (up 4,203), and the open interest ratio was 0.559 (down 0.005) [8] 3. Option Volatility Situation - The weighted implied volatility of corn options was 16.18% (down 0.30, -1.84%), and the 30 - day historical volatility was 10.39% with a 30 - day volatility quantile of 0.55 [19] - The weighted implied volatility of soybean meal options was 20.92% (up 0.46, 2.27%), and the 30 - day historical volatility was 14.79% with a 30 - day volatility quantile of 0.25 [19]
商品期权数据研报：玉米期价小幅上涨，期权隐波小幅下降；豆粕期价小幅下跌，期权隐波持续上升
An Liang Qi Huo·2025-10-21 11:27