股指期权日报 | 2025-12-19 股指期权日报 股指期权市场概况 期权成交量 2025-12-18，上证50ETF期权成交量为136.97万张；沪深300ETF期权（沪市）成交量为175.61万张； 中证500ETF期权（沪市）成交量为190.57万张；深证100ETF期权成交量为8.27万张； 创业板ETF期权成交量为208.96万张；上证50股指期权成交量为4.20万张； 沪深300股指期权成交量为21.45万张；中证1000期权总成交量为33.46万张。 期权PCR 上证50ETF期权成交额PCR报0.73，环比变动为-0.04；持仓量PCR报1.03，环比变动为+0.02； 沪深300ETF期权（沪市）成交额PCR报0.77，环比变动为-0.18；持仓量PCR报1.06，环比变动为-0.05； 中证500ETF期权（沪市）成交额PCR报0.81，环比变动为+0.02；持仓量PCR报1.29，环比变动为+0.01 ； 深圳100ETF期权成交额PCR报1.08 ，环比变动为-0.33；持仓量PCR报1.19；环比变动为-0.05； 创业板ETF期权成交额PCR报0.96，环比变动为+0.17 ；持 ...

股指期权日报 | 2025-12-18 股指期权日报 股指期权市场概况 期权PCR 上证50ETF期权成交额PCR报0.77，环比变动为-0.51；持仓量PCR报1.00，环比变动为+0.13； 沪深300ETF期权（沪市）成交额PCR报0.96，环比变动为-0.57；持仓量PCR报1.10，环比变动为+0.18； 中证500ETF期权（沪市）成交额PCR报0.79，环比变动为-0.46；持仓量PCR报1.28，环比变动为+0.19 ； 深圳100ETF期权成交额PCR报1.42 ，环比变动为-0.05；持仓量PCR报1.24；环比变动为-0.04； 创业板ETF期权成交额PCR报0.79，环比变动为-0.73 ；持仓量PCR报1.44，环比变动为+0.26； 上证50股指期权成交额PCR报0.46，环比变动为-0.61；持仓量PCR报0.78，环比变动为+0.09； 沪深300股指期权成交额PCR报0.58 ，环比变动为-0.57；持仓量PCR报0.82，环比变动为+0.07； 中证1000股指期权成交额PCR报0.98，环比变动为-0.44；持仓量PCR报0.99，环比变动为+0.09。 期权VIX 上证 ...

股指期权 日报 | 2025-12-17 股指期权日报 股指期权市场概况 期权成交量 2025-12-16，上证50ETF期权成交量为85.22万张；沪深300ETF期权（沪市）成交量为97.58万张； 中证500ETF期权（沪市）成交量为112.84万张；深证100ETF期权成交量为6.57万张； 创业板ETF期权成交量为278.12万张；上证50股指期权成交量为5.86万张； 沪深300股指期权成交量为11.97万张；中证1000期权总成交量为40.07万张。 期权PCR 上证50ETF期权成交额PCR报1.29，环比变动为+0.55；持仓量PCR报0.87，环比变动为-0.18； 沪深300ETF期权（沪市）成交额PCR报1.53，环比变动为+0.58；持仓量PCR报0.92，环比变动为-0.16； 中证500ETF期权（沪市）成交额PCR报1.26，环比变动为+0.44；持仓量PCR报1.09，环比变动为-0.14 ； 深圳100ETF期权成交额PCR报1.47 ，环比变动为+0.59；持仓量PCR报1.29；环比变动为+0.02； 创业板ETF期权成交额PCR报1.51，环比变动为+0.59 ；持仓 ...

Report Summary 1. Report Industry Investment Rating No relevant information provided. 2. Core View of the Report The report presents a daily overview of the stock index options market, including option trading volume, PCR (Put - Call Ratio), and VIX (Volatility Index) for various stock index options on December 15, 2025. 3. Summary by Directory Option Trading Volume - On December 15, 2025, the trading volumes of different stock index options were as follows: Shanghai - Shenzhen 300 ETF options (Shanghai market) had 127.08 million contracts; CSI 500 ETF options (Shanghai market) had 141.08 million contracts; ChiNext ETF options had 174.84 million contracts; Shanghai - Shenzhen 300 index options had 13.14 million contracts; and CSI 1000 options had 25.11 million contracts. Other options also had corresponding trading volumes [1]. - A table shows the call, put, and total trading volumes of various stock index ETF options on the same day, such as 40.73 million call contracts and 44.49 million put contracts for SSE 50 ETF options, with a total of 85.22 million contracts [20]. Option PCR - The PCR data of different stock index options on December 15, 2025, are presented. For example, the turnover PCR of SSE 50 ETF options was 0.74, with a month - on - month change of - 0.05; the position PCR was 1.05, with a month - on - month change of + 0.05. Similar data are provided for other options [2]. - A table summarizes the turnover PCR, month - on - month change, position PCR, and month - on - month change of various stock index ETF options [35]. Option VIX - The VIX data of different stock index options on December 15, 2025, are given. For instance, the VIX of SSE 50 ETF options was 14.23%, with a month - on - month change of + 0.42%. Other options also have corresponding VIX values and changes [3]. - A table shows the VIX and month - on - month change values of various stock index ETF options [48].

股指期权日报 | 2025-12-15 股指期权日报 股指期权市场概况 期权成交量 2025-12-14，上证50ETF期权成交量为71.96万张；沪深300ETF期权（沪市）成交量为95.54万张； 中证500ETF期权（沪市）成交量为106.69万张；深证100ETF期权成交量为6.59万张； 创业板ETF期权成交量为226.15万张；上证50股指期权成交量为3.46万张； 沪深300股指期权成交量为10.93万张；中证1000期权总成交量为28.66万张。 期权PCR 上证50ETF期权成交额PCR报0.79，环比变动为-0.03；持仓量PCR报1.00，环比变动为+0.07； 沪深300ETF期权（沪市）成交额PCR报0.91，环比变动为-0.01；持仓量PCR报1.11，环比变动为+0.10； 中证500ETF期权（沪市）成交额PCR报0.71，环比变动为-0.17；持仓量PCR报1.30，环比变动为+0.13 ； 深圳100ETF期权成交额PCR报0.83 ，环比变动为+0.42；持仓量PCR报1.34；环比变动为+0.01； 创业板ETF期权成交额PCR报0.87，环比变动为+0.14 ；持仓量 ...

股指期权日报 | 2025-12-12 股指期权日报 股指期权市场概况 期权成交量 2025-12-11，上证50ETF期权成交量为76.59万张；沪深300ETF期权（沪市）成交量为112.35万张； 中证500ETF期权（沪市）成交量为129.65万张；深证100ETF期权成交量为8.14万张； 创业板ETF期权成交量为215.97万张；上证50股指期权成交量为2.58万张； 沪深300股指期权成交量为11.79万张；中证1000期权总成交量为24.00万张。 期权PCR 上证50ETF期权成交额PCR报0.83，环比变动为-0.02；持仓量PCR报0.93，环比变动为-0.05； 沪深300ETF期权（沪市）成交额PCR报0.92，环比变动为-0.08；持仓量PCR报1.01，环比变动为-0.09； 中证500ETF期权（沪市）成交额PCR报0.88，环比变动为-0.05；持仓量PCR报1.17，环比变动为-0.06 ； 深圳100ETF期权成交额PCR报0.41 ，环比变动为-0.50；持仓量PCR报1.33；环比变动为-0.01； 创业板ETF期权成交额PCR报0.73，环比变动为-0.09 ；持仓 ...

Report Industry Investment Rating - Not provided in the content Core Viewpoints - The report presents the trading data of various index options on December 10, 2025, including trading volume, PCR, and VIX [1][2][3] Summary by Directory Option Trading Volume - On December 10, 2025, the trading volume of Shanghai Stock Exchange 50 ETF options was 575,400 contracts; CSI 300 ETF options (Shanghai) was 804,600 contracts; CSI 500 ETF options (Shanghai) was 923,900 contracts; Shenzhen 100 ETF options was 59,700 contracts; ChiNext ETF options was 2,082,900 contracts; Shanghai Stock Exchange 50 index options was 35,500 contracts; CSI 300 index options was 97,400 contracts; and CSI 1000 options was 240,600 contracts [1] - The table shows the call, put, and total trading volumes of different index ETF options on the same day [20] Option PCR - The PCR data of various options on December 10, 2025, are presented, including the turnover PCR and position PCR and their环比 changes. For example, the turnover PCR of Shanghai Stock Exchange 50 ETF options was 0.85, with a 环比 change of +0.15; the position PCR was 0.98, with a 环比 change of -0.03 [2][34] Option VIX - The VIX data of various options on December 10, 2025, are presented, along with their 环比 changes. For instance, the VIX of Shanghai Stock Exchange 50 ETF options was 14.25%, with a 环比 change of +0.24% [3][49]

Industry Investment Rating There is no information about the industry investment rating in the provided content. Core Viewpoint There is no explicit core viewpoint presented in the given reports. Summary by Directory I. Option Trading Volume - On December 9, 2025, the trading volume of SSE 50 ETF options was 939,000 contracts; CSI 300 ETF options (Shanghai) was 1,093,300 contracts; CSI 500 ETF options (Shanghai) was 1,137,400 contracts; Shenzhen 100 ETF options was 102,500 contracts; ChiNext ETF options was 2,065,000 contracts; SSE 50 index options was 22,300 contracts; CSI 300 index options was 139,200 contracts; and CSI 1000 options was 178,800 contracts [1]. - The table shows the call, put, and total trading volumes of various index ETF options on the same day, such as 321,000 call and 254,400 put contracts for SSE 50 ETF options with a total of 575,400 contracts [19]. II. Option PCR - The turnover PCR of SSE 50 ETF options was reported at 0.70, with a month - on - month change of +0.17; the open interest PCR was 1.00, with a month - on - month change of - 0.07. Similar data are provided for other types of options [2][34]. III. Option VIX - The VIX of SSE 50 ETF options was reported at 14.01%, with a month - on - month change of - 0.23%. Other options also have their respective VIX values and month - on - month changes, like the CSI 300 ETF options (Shanghai) with a VIX of 15.32% and a month - on - month change of - 0.33% [3][47].

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoints The report presents a daily overview of the stock index options market, including option trading volume, PCR, and VIX data for various types of options on December 8, 2025. 3. Summary by Directory I. Option Trading Volume - On December 8, 2025, the trading volumes of different options were as follows: 891,200 contracts for SSE 50 ETF options; 1,041,400 contracts for CSI 300 ETF options (Shanghai market); 1,329,500 contracts for CSI 500 ETF options (Shanghai market); 112,000 contracts for Shenzhen 100 ETF options; 2,467,700 contracts for GEM ETF options; 39,100 contracts for SSE 50 index options; 125,400 contracts for CSI 300 index options; and 254,900 contracts for CSI 1000 options. The detailed breakdown of call, put, and total trading volumes is also provided in Table 1 [1][19]. II. Option PCR - The PCR data shows the following values and changes on December 8, 2025: for SSE 50 ETF options, the turnover PCR was 0.52 (a -0.16 change), and the open - interest PCR was 1.08 (+0.01 change); for CSI 300 ETF options (Shanghai market), the turnover PCR was 0.50 (-0.25 change), and the open - interest PCR was 1.16 (+0.03 change); for CSI 500 ETF options (Shanghai market), the turnover PCR was 0.59 (-0.23 change), and the open - interest PCR was 1.25 (-0.03 change); for Shenzhen 100 ETF options, the turnover PCR was 0.75 (-0.38 change), and the open - interest PCR was 1.28 (-0.02 change); for GEM ETF options, the turnover PCR was 0.44 (-0.32 change), and the open - interest PCR was 1.55 (+0.15 change); for SSE 50 index options, the turnover PCR was 0.37 (-0.05 change), and the open - interest PCR was 0.74 (-0.01 change); for CSI 300 index options, the turnover PCR was 0.34 (-0.14 change), and the open - interest PCR was 0.80 (+0.02 change); for CSI 1000 index options, the turnover PCR was 0.51 (-0.21 change), and the open - interest PCR was 1.00 (+0.05 change) [2][35]. III. Option VIX - The VIX data on December 8, 2025, shows that for SSE 50 ETF options, the VIX was 14.24% (+0.55% change); for CSI 300 ETF options (Shanghai market), the VIX was 15.66% (+0.54% change); for CSI 500 ETF options (Shanghai market), the VIX was 19.51% (+0.28% change); for Shenzhen 100 ETF options, the VIX was 19.66% (+0.55% change); for GEM ETF options, the VIX was 26.77% (-0.32% change); for SSE 50 index options, the VIX was 14.95% (+0.49% change); for CSI 300 index options, the VIX was 16.52% (+0.85% change); for CSI 1000 index options, the VIX was 19.44% (+0.29% change) [3][49].

2025 年 12 月 8 日 股票股指期权：上行降波，可考虑隐波低位构 建牛市看涨价差策略。 张雪慧 投资咨询从业资格号：Z0015363 zhangxuehui022447@gtjas.com 【正文】 表 1：期权市场数据统计 | 标的市场统计 | 收盘价 | 涨跌 | 成交量(亿 | 成交变化 | 当月 | | 次月 | 次月基差 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 手) | (亿手) | 合成期货 | 当月基差 | 合成期货 | | | 上证50指数 | 3019.36 | 17.35 | 44.90 | 0.29 | 3014.53 | -4.83 | 3008.53 | -10.83 | | 沪深300指数 | 4621.75 | 37.22 | 199.62 | 2.82 | 4614.80 | -6.95 | 4602.20 | -19.55 | | 中证1000指数 | 7423.05 | 80.55 | 240.92 | 25.19 | 7385.73 | -37.31 | 7316.87 | ...