国投期货

1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Report's Core View No clear core view is presented in the given content. The report mainly provides data on various financial products such as ETFs and indices, including their prices, price changes, implied volatility (IV), and related quantile data. 3. Summary by Related Catalogs 3.1 50ETF - From December 10 - 12, 2025, the 50ETF price fluctuated, with a -0.32% decline on the 10th, -0.38% on the 11th, and a 0.45% increase on the 12th. The corresponding monthly IVs were 11.09%, 11.63%, and 11.04%, and the next - month IVs were 12.60%, 12.91%, and 12.44% [1]. - The skew index on December 12, 2025, was 94.15 [2]. 3.2 Shanghai 300ETF - Between December 10 - 12, 2025, the Shanghai 300ETF price changed, with a -0.13% decline on the 10th, -0.72% on the 11th, and a 0.56% increase on the 12th. The monthly IVs were 13.09%, 13.86%, and 12.70%, and the next - month IVs were 14.34%, 14.86%, and 14.32% [3]. - The skew index on December 12, 2025, was 101.55 [5]. 3.3 Shenzhen 300ETF - From December 10 - 12, 2025, the Shenzhen 300ETF price fluctuated, with a -0.17% decline on the 10th, -0.73% on the 11th, and a 0.55% increase on the 12th. The monthly IVs were 13.05%, 13.86%, and 13.14%, and the next - month IVs were 14.43%, 15.06%, and 14.27% [6]. 3.4 Shanghai CSI 500ETF - Between December 10 - 12, 2025, the Shanghai CSI 500ETF price changed, with a -0.21% decline on the 10th, -0.32% on the 11th, and a 0.30% increase on the 12th. The monthly IVs were 15.85%, 16.52%, and 15.67%, and the next - month IVs were 17.17%, 17.35%, and 16.95% [13]. - The skew index on December 12, 2025, was 104.79 [17]. 3.5 Shenzhen CSI 500ETF - From December 10 - 12, 2025, the Shenzhen CSI 500ETF price fluctuated, with a 0.56% increase on the 10th, -0.77% on the 11th, and a 1.20% increase on the 12th. The monthly IVs were 15.83%, 16.97%, and 15.48%, and the next - month IVs were 16.91%, 17.73%, and 12.60% [21]. - The skew index on December 12, 2025, was 111.18 [28]. 3.6 ChiNext ETF - Between December 10 - 12, 2025, the ChiNext ETF price changed, with a 0.13% increase on the 10th, -1.44% on the 11th, and a 0.89% increase on the 12th. The monthly IVs were 25.03%, 26.11%, and 23.78%, and the next - month IVs were 25.94%, 26.52%, and 26.13% [29]. - The skew index on December 12, 2025, was 112.31 [34]. 3.7 Shenzhen 100ETF - From December 10 - 12, 2025, the Shenzhen 100ETF price fluctuated, with a 0.23% increase on the 10th, -1.32% on the 11th, and a 0.58% increase on the 12th. The monthly IVs were 17.67%, 24.69%, and 18.19%, and the next - month IVs were 18.36%, 19.11%, and 18.79% [39]. - The skew index on December 12, 2025, was 106.03 [42]. 3.8 Science and Technology Innovation 50ETF - Between December 10 - 12, 2025, the Science and Technology Innovation 50ETF price changed, with a 0.07% increase on the 10th, -1.63% on the 11th, and a 1.87% increase on the 12th. The monthly IVs were 24.98%, 25.66%, and 24.11%, and the next - month IVs were 26.81%, 27.19%, and 26.69% [48]. - The skew index on December 12, 2025, was 103.82 [50]. 3.9 STAR 50ETF - From December 10 - 12, 2025, the STAR 50ETF price fluctuated, with a 0.00% change on the 10th, -1.53% on the 11th, and a 1.63% increase on the 12th. The monthly IVs were 25.16%, 26.48%, and 23.94%, and the next - month IVs were 27.10%, 27.43%, and 26.66% [54]. - The skew index on December 12, 2025, was 103.96 [60]. 3.10 300 Index - Between December 10 - 12, 2025, the 300 Index price changed, with a -0.14% decline on the 10th, -0.86% on the 11th, and a 0.63% increase on the 12th. The monthly IVs were 12.82%, 13.38%, and 11.78%, and the next - month IVs were 14.64%, 15.36%, and 14.46% [66]. - The skew index on December 12, 2025, was 100.59 [70]. 3.11 1000 Index - From December 10 - 12, 2025, the 1000 Index price fluctuated, with a 0.37% increase on the 10th, -1.30% on the 11th, and a 0.81% increase on the 12th. The monthly IVs were 16.04%, 17.06%, and 14.68%, and the next - month IVs were 17.36%, 18.03%, and 17.18% [71]. - The skew index on December 12, 2025, was 120.40 [76]. 3.12 SSE 50 Index - Between December 10 - 12, 2025, the SSE 50 Index price changed, with a -0.31% decline on the 10th, -0.39% on the 11th, and a 0.59% increase on the 12th. The monthly IVs were 11.52%, 12.19%, and 10.54%, and the next - month IVs were 53.96%, 53.93%, and 56.08% [78]. - The skew index on December 12, 2025, was 102.99 [84].