1. Report Industry Investment Rating - No information provided in the given content 2. Core View of the Report - The report presents the daily situation of commodity options on March 16, 2026, including option quotes, positions, position put - call ratios (PCR), trading volume put - call ratios (PCR), daily selections, and near - expiration options [1] 3. Summary by Relevant Catalogs Option Quotes - **Call Options**: The daily percentage increases of call options for various commodities are as follows: rapeseed meal 62.29%, iron ore 59.89%, asphalt 58.02%, soybean meal 43.81%, etc. [1] - **Put Options**: The daily percentage increases of put options for various commodities are as follows: tin 66.65%, pure benzene 44.32%, gold 30.33%, etc. [1] Option Positions - **Call Options**: The daily changes in call option positions for various commodities are as follows: rapeseed meal 14484, methanol 11657, corn 9878, etc. [2] - **Put Options**: The daily changes in put option positions for various commodities are as follows: soybean meal 39586, styrene 23353, PVC 22735, etc. [2] Option Position Put - Call Ratio (PCR) - **High - position PCR**: Fuel oil 2.2344, styrene 2.0807, pure benzene 1.812, etc. [5] - **Low - position PCR**: red dates 0.2342, live pigs 0.2397, urea 0.3709, etc. [5] Option Trading Volume Put - Call Ratio (PCR) - **High - trading volume PCR**: pure benzene 3.4683, short - fiber 1.5478, propylene 1.4091, etc. [6] - **Low - trading volume PCR**: red dates 0.1064, polysilicon 0.1184, live pigs 0.1523, etc. [6] Daily Selections - **Call Options**: Selected call options include soybean No. 2, iron ore, soybean No. 1, etc., with a trend degree of 55 and different put - call ratios and remaining days [7] - **Put Options**: Selected put options include lead, zinc, Shanghai Stock Exchange 50, etc., with negative trend degrees and different put - call ratios and remaining days [7] Near - Expiration Options - **Call Options**: For near - expiration call options such as iron ore, ethylene glycol, styrene, etc., information on remaining days, option closing prices, underlying settlement prices, break - even points, and option doubling conditions is provided [8] - **Put Options**: For near - expiration put options such as iron ore, ethylene glycol, styrene, etc., information on remaining days, option closing prices, underlying settlement prices, break - even points, and option doubling conditions is provided [9]

Group 1: Industry Investment Rating - No information provided Group 2: Core View - No information provided Group 3: Option Quotes - The daily price increase rates of call options for various commodities are as follows: tin 104.26%, ferrosilicon 74.52%, copper 27.67%, manganese silicon 27.39%, sugar 27.34%, eggs 26.88%, platinum 26.33%, zinc 17.80%, palm oil 16.08%, and crude oil 14.81%. The daily price increase rates of put options for various commodities are as follows: propylene 51.80%, PVC 39.46%, pulp 36.19%, polypropylene 30.61%, alumina 29.55%, plastic 25.94%, methanol 23.53%, red dates 20.77%, synthetic rubber 14.88%, and styrene 10.47% [1] Group 4: Option Positions - The daily changes in call option positions for various commodities are as follows: methanol 42028, glass 27190, soda ash 17643, PVC 16362, PTA 15065, cotton 12772, caustic soda 10291, manganese silicon 10087, palm oil 8101, and soybean meal 8074. The daily changes in put option positions for various commodities are as follows: PTA 15096, lithium carbonate 11910, methanol 10669, manganese silicon 8454, PVC 7858, corn 7133, styrene 6175, soda ash 5954, caustic soda 5866, and alumina 5639 [2] Group 5: Option Position Put - Call Ratio (PCR) - High - position PCR varieties and their PCR values are: apple 2.0265, lithium carbonate 1.2326, soybean 1.1437, short - fiber 1.1405, styrene 1.05, tin 1.0212, silver 1.014, propylene 1.0071, bottle chips 0.9794, and synthetic rubber 0.9697. Low - position PCR varieties and their PCR values are: red dates 0.2872, live pigs 0.2896, alumina 0.2933, soda ash 0.3322, PVC 0.375, coking coal 0.3751, methanol 0.4079, industrial silicon 0.4306, sugar 0.463, and glass 0.4653 [5] Group 6: Option Trading Volume Put - Call Ratio (PCR) - High - trading - volume PCR varieties and their PCR values are: polysilicon 1.5862, plastic 1.2309, offset printing paper 1.1098, polypropylene 1.076, pure benzene 1.001. Low - trading - volume PCR varieties and their PCR values are: red dates 0.1915, ferrosilicon 0.2522, tin 0.2833, soybean 0.2905, sugar 0.2914, soybean oil 0.3126, manganese silicon 0.3272, ethylene glycol 0.3278, natural rubber 0.3377, and live pigs 0.3477 [6] Group 7: Daily Selections - Call options: 1. Lithium carbonate (lc2605, lc2605 - C - 184000, trend degree 55, put - call ratio 1.23, remaining days 40); 2. CSI 1000 (IM2606, MO2606 - C - 9000, trend degree 55, put - call ratio 1.07, remaining days 115); 3. Soybean (a2605, a2605 - C - 4750, trend degree 55, put - call ratio 1.14, remaining days 49); 4. Corn (c2605, c2605 - C - 2360, trend degree 55, put - call ratio 0.68, remaining days 49); 5. Silver (ag2606, ag2606C23100, trend degree 53, put - call ratio 1.01, remaining days 87); 6. Soybean oil (y2605, y2605 - C - 8300, trend degree 53, put - call ratio 0.75, remaining days 49); 7. Cotton (CF605, CF605C15400, trend degree 53, put - call ratio 0.76, remaining days 45); 8. Soybean meal (m2605, m2605 - C - 2850, trend degree 53, put - call ratio 0.53, remaining days 49). - Put options: 1. PVC (v2605, v2605 - P - 4600, trend degree - 55, put - call ratio 0.38, remaining days 49); 2. Polysilicon (ps2605, ps2605 - P - 45000, trend degree - 53, put - call ratio 0.85, remaining days 40); 3. Coking coal (jm2605, jm2605 - P - 1040, trend degree - 51, put - call ratio 0.38, remaining days 49); 4. Plastic (l2605, l2605 - P - 6300, trend degree - 49, put - call ratio 0.59, remaining days 49); 5. Alumina (ao2605, ao2605P2600, trend degree - 47, put - call ratio 0.29, remaining days 56); 6. Peanut (PK605, PK605P7800, trend degree - 45, put - call ratio 0.48, remaining days 45); 7. Ethylene glycol (eg2605, eg2605 - P - 3550, trend degree - 43, put - call ratio 0.48, remaining days 49); 8. Palm oil (p2605, p2605 - P - 8500, trend degree - 41, put - call ratio 0.77, remaining days 49) [7] Group 8: Expiring Options - There are no expiring options on the day [7]

Report Summary 1. Report Industry Investment Rating There is no information provided about the industry investment rating in the given content. 2. Core View The report presents the daily market conditions of commodity options on February 6, 2026, including option quotes, option holdings, option holding put - call ratio (PCR), option trading volume put - call ratio (PCR), daily preferred options, and near - expiration options [1][2][5][6][7][8]. 3. Summary by Relevant Catalogs Option Quotes - **Call Options**: Corn starch had a daily increase of 25.53%, followed by sugar at 6.59%, and corn at 5.13%. Some had decreases, like apple at - 2.58% and fuel oil at - 4.90% [1]. - **Put Options**: Tin had a daily increase of 129.84%, followed by caustic soda at 95.00%, and copper at 89.60% [1]. Option Holdings - **Call Options**: The top three in terms of daily change in holdings were caustic soda (19373), lithium carbonate (15791), and soda ash (15771) [2]. - **Put Options**: Palm oil had a daily change in holdings of 4771, sugar 4333, and iron ore 3583 [2]. Option Holding Put - Call Ratio (PCR) - **High - PCR Varieties**: Apple had a PCR of 1.5904, propylene at 1.234, and offset printing paper at 1.1076 [5]. - **Low - PCR Varieties**: Alumina had a PCR of 0.2134, caustic soda at 0.2475, and live pigs at 0.2672 [5]. Option Trading Volume Put - Call Ratio (PCR) - **High - PCR Varieties**: Apple had a PCR of 1.7233, iron ore at 1.6547, and synthetic rubber at 1.5787 [6]. - **Low - PCR Varieties**: Ethylene glycol had a PCR of 0.235, live pigs at 0.2382, and red dates at 0.2402 [6]. Daily Preferred Options - **Call Options**: PVC, coking coal, and glass were among the preferred call options, with trend degrees of 47, 45, and 39 respectively [7]. - **Put Options**: Lead, eggs, and ethylene glycol were among the preferred put options, with trend degrees of - 55, - 55, and - 53 respectively [7]. Near - Expiration Options - **Call Options**: For lithium carbonate, with 1 day remaining, the option closing price was 1480.0, and the break - even target price was 137486.0 (a 1.17% increase) [8]. - **Put Options**: For lithium carbonate, with 1 day remaining, the option closing price was 3290.0, and the break - even target price was 130704.0 (a - 3.82% decrease) [8].