常规期权
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系列期权:赋能短期风险管理的新工具
Qi Huo Ri Bao Wang· 2026-01-26 06:38
大连商品交易所豆粕、玉米系列期权将于2026年2月2日(即1月30日夜盘)起挂牌交易,其特点为到期时间早、存续期短,进一步丰富了短 期风险管理工具箱,能够更好地满足实体企业精细化管理短期风险的需求。针对实体企业在农业生产与贸易中面临的短期价格波动风险, 系列期权能精准匹配风险敞口,填补常规期权到期月份空白,实现月份的连续覆盖。同时,因其到期日早,在同等条件下比常规期权价格 低,减轻了企业的资金压力。 | | 常规期权 | 系列期权 | | --- | --- | --- | | 挂牌时间 | 在新上市期货合约成交后,相应期权合约于 | 标的期货合约交割月份前五个月第一个交易 | | | 下一交易日上市交易 | 日上市交易 | | 最后交易日 | 标的期货合约交割月份前一个月的第12个 | 标的期货合约交割月份前两个月的第12个交 | | | 交易日 | 易日 | | 交易代码 | 豆粕:看涨期权为M-合约月份-C-行权价 | 豆粕:看涨期权为M-合约月份-MS-C-行权价 | | | 格,看跌期权为M-合约月份-P-行权价格 | 格,看跌期权为M-合约月份-MS-P-行权价格 | | | 玉米:看涨期权为C- ...
一文读懂:什么是即将上市的豆粕系列期权和玉米系列期权?
Sou Hu Cai Jing· 2026-01-07 16:18
Core Viewpoint - The Dalian Commodity Exchange (DCE) will launch soybean meal and corn series options on February 2, 2026, to enhance the options market's term structure and provide year-round coverage for options contracts [1][6]. Group 1: Series Options Overview - Series options are designed to cover a full 12 months by adding an additional options contract to existing futures contracts, which typically do not cover the entire year [1][4]. - The trading code for series options will include "MS" to differentiate them from regular options [6][8]. Group 2: Regular vs. Series Options - Regular options correspond to specific futures contracts and have expiration dates that are the 12th trading day before the delivery month of the underlying futures [10]. - Series options will have expiration dates that are the 12th trading day before the delivery month of the underlying futures, two months prior [10]. Group 3: Market Position - In 2024, soybean meal and corn options are expected to rank first and eighth globally in terms of trading volume among agricultural product options [6]. - The introduction of series options aims to meet the needs of individual and corporate investors by providing more flexible trading opportunities [6].