股指期权日报 | 2025-08-26 股指期权日报 股指期权市场概况 期权成交量 2025-08-25，上证50ETF期权成交量为217.09万张；沪深300ETF期权（沪市）成交量为194.47万张； 中证500ETF期权（沪市）成交量为247.96万张；深证100ETF期权成交量为17.55万张； 创业板ETF期权成交量为387.11万张；上证50股指期权成交量为9.12万张； 沪深300股指期权成交量为15.14万张；中证1000期权总成交量为35.80万张。 期权PCR 上证50ETF期权成交额PCR报0.32，环比变动为+0.00；持仓量PCR报1.16，环比变动为-0.04； 沪深300ETF期权（沪市）成交额PCR报0.25，环比变动为-0.07；持仓量PCR报1.33，环比变动为+0.00； 中证500ETF期权（沪市）成交额PCR报0.34，环比变动为-0.06；持仓量PCR报1.45，环比变动为-0.05 ； 深圳100ETF期权成交额PCR报0.41 ，环比变动为-0.15；持仓量PCR报1.43；环比变动为+0.02； 创业板ETF期权成交额PCR报0.25，环比变动为-0.05 ； ...

Report Summary 1. Report Industry Investment Rating There is no information provided regarding the report's industry investment rating. 2. Core Viewpoint The report presents an overview of the stock index options market on August 22, 2025, including option trading volume, PCR (Put-Call Ratio), and VIX (Volatility Index), offering data for various types of stock index options [1][2][3]. 3. Summary by Directory Option Trading Volume - On August 22, 2025, the trading volume of Shanghai Stock Exchange 50 ETF options was 1.4943 million contracts; that of Shanghai Stock Exchange 300 ETF options was 1.5079 million contracts; that of Shanghai Stock Exchange 500 ETF options was 2.1288 million contracts; that of Shenzhen 100 ETF options was 0.1825 million contracts; that of ChiNext ETF options was 3.2767 million contracts; that of Shanghai Stock Exchange 50 stock index options was 0.0685 million contracts; that of Shanghai Stock Exchange 300 stock index options was 0.1119 million contracts; and that of China Securities 1000 options was 0.2898 million contracts [1]. - The table shows the call, put, and total trading volumes of various stock index ETF options on the same day [19]. Option PCR - The trading volume PCR of Shanghai Stock Exchange 50 ETF options was reported at 0.32, with a month-on-month change of -0.09; the position PCR was reported at 1.20, with a month-on-month change of +0.14. Similar data for other options are also provided, including Shanghai Stock Exchange 300 ETF options, Shanghai Stock Exchange 500 ETF options, Shenzhen 100 ETF options, ChiNext ETF options, Shanghai Stock Exchange 50 stock index options, Shanghai Stock Exchange 300 stock index options, and China Securities 1000 stock index options [2]. - The table details the trading volume PCR, month-on-month change, position PCR, and month-on-month change of various stock index ETF options [35]. Option VIX - The VIX of Shanghai Stock Exchange 50 ETF options was reported at 22.14%, with a month-on-month change of +1.26%; the VIX of Shanghai Stock Exchange 300 ETF options was reported at 20.44%, with a month-on-month change of +0.55%. Similar data for other options are also provided, including Shanghai Stock Exchange 500 ETF options, Shenzhen 100 ETF options, ChiNext ETF options, Shanghai Stock Exchange 50 stock index options, Shanghai Stock Exchange 300 stock index options, and China Securities 1000 stock index options [3]. - The table shows the VIX and month-on-month change values of various stock index ETF options [48].

股指期权日报 | 2025-08-22 股指期权日报 股指期权市场概况 期权成交量 2025-08-21，上证50ETF期权成交量为170.93万张；沪深300ETF期权（沪市）成交量为188.74万张； 中证500ETF期权（沪市）成交量为243.17万张；深证100ETF期权成交量为17.68万张； 创业板ETF期权成交量为249.21万张；上证50股指期权成交量为5.05万张； 沪深300股指期权成交量为10.91万张；中证1000期权总成交量为30.82万张。 期权PCR 上证50ETF期权成交额PCR报0.41，环比变动为-0.28；持仓量PCR报1.06，环比变动为+0.03； 沪深300ETF期权（沪市）成交额PCR报0.35，环比变动为-0.22；持仓量PCR报1.22，环比变动为-0.02； 中证500ETF期权（沪市）成交额PCR报0.45，环比变动为-0.05；持仓量PCR报1.35，环比变动为-0.04 ； 深圳100ETF期权成交额PCR报0.42 ，环比变动为-0.28；持仓量PCR报1.40；环比变动为+0.12； 创业板ETF期权成交额PCR报0.41，环比变动为-0.09 ； ...

Report Industry Investment Rating - None provided Core Viewpoint - None provided Summary by Directory 1. Option Trading Volume - On August 20, 2025, the trading volume of SSE 50 ETF options was 1.7557 million contracts; that of CSI 300 ETF options (Shanghai market) was 1.563 million contracts; that of CSI 500 ETF options (Shanghai market) was 2.0703 million contracts; that of Shenzhen 100 ETF options was 0.2175 million contracts; that of ChiNext ETF options was 2.6487 million contracts; that of SSE 50 index options was 0.0458 million contracts; that of CSI 300 index options was 0.0998 million contracts; and that of CSI 1000 options was 0.2751 million contracts [1] - The table shows the call, put, and total trading volumes of various index ETF options on the same day, such as 0.8999 million call and 0.8094 million put contracts for SSE 50 ETF options, with a total of 1.7093 million contracts [20] 2. Option PCR - The turnover PCR of SSE 50 ETF options was reported at 0.69, with a month - on - month change of +0.10; the open - interest PCR was 1.04, with a month - on - month change of +0.07. Similar data are provided for other types of options [2] - The table presents the turnover PCR, month - on - month change, open - interest PCR, and month - on - month change of various index ETF options [36] 3. Option VIX - The VIX of SSE 50 ETF options was reported at 20.94%, with a month - on - month change of +0.73%. Similar data for other options are also included [3] - The table shows the VIX and month - on - month change values of various index ETF options [49]

Core Viewpoint - The Shanghai options market experienced significant trading activity in July, with a total trading volume of 115.51 million contracts, reflecting a month-on-month increase of 48.92% [1] Group 1: Market Performance - In July, the trading volume for the Shanghai options market reached 11550.66 million contracts, with notable increases in various ETFs: - SSE 50 ETF options: 29.40 million contracts, up 49.25% - CSI 300 ETF options: 29.43 million contracts, up 68.31% - CSI 500 ETF options: 32.35 million contracts, up 22.91% - Huaxia Sci-Tech 50 ETF options: 20.04 million contracts, up 81.23% - E Fund Sci-Tech 50 ETF options: 4.29 million contracts, up 42.75% [1] Group 2: Participant Data - As of July 2025, the total number of investor accounts in the Shanghai options market reached 705,868, with 4,323 new brokerage accounts added in July. A total of 91 securities firms and 34 futures companies have opened stock options brokerage business trading permissions [2] - The top three securities firms by trading volume in July were: - CITIC Securities: 5.08% market share - Guotai Junan Securities: 4.34% market share - Huabao Securities: 4.23% market share [2] Group 3: Wealth Management and Risk Management - The low interest rate environment has made standardized, high liquidity, and low-risk options increasingly popular among retail investors. The implementation of the Futures and Derivatives Law has provided a legal framework for the over-the-counter derivatives market, enhancing investor interest [2] - The main products in the over-the-counter derivatives business include OTC options and total return swaps, which serve both risk management and wealth management functions. OTC options can hedge market risks for various assets, while total return swaps help manage risks related to prices, interest rates, and exchange rates [3] Group 4: Market Opportunities - The over-the-counter derivatives market is poised for unprecedented growth opportunities due to the gradual improvement of regulatory frameworks and accelerated business innovations, highlighting its value in serving the risk management needs of the real economy and meeting diverse investment demands [4]

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Not provided in the content Summary by Relevant Catalogs Option Trading Volume - On August 19, 2025, the trading volume of SSE 50 ETF options was 2.0212 million contracts; the trading volume of CSI 300 ETF options (Shanghai market) was 2.0951 million contracts; the trading volume of CSI 500 ETF options (Shanghai market) was 2.5965 million contracts; the trading volume of Shenzhen 100 ETF options was 0.2026 million contracts; the trading volume of ChiNext ETF options was 2.547 million contracts; the trading volume of SSE 50 index options was 0.0458 million contracts; the trading volume of CSI 300 index options was 0.1544 million contracts; and the total trading volume of CSI 1000 options was 0.2682 million contracts [1] - The table shows the call, put, and total trading volumes of various index ETF options on the same day, such as the call trading volume of SSE 50 ETF options was 0.9748 million contracts, the put trading volume was 0.7808 million contracts, and the total trading volume was 1.7557 million contracts [20] Option PCR - The turnover PCR of SSE 50 ETF options was reported at 0.59, with a month - on - month change of +0.19; the open interest PCR was reported at 0.96, with a month - on - month change of - 0.11. Similar data are provided for other types of options [2] - The table presents the turnover PCR, its month - on - month change, open interest PCR, and its month - on - month change for various index ETF options [35] Option VIX - The VIX of SSE 50 ETF options was reported at 20.20%, with a month - on - month change of - 1.44%; the VIX of CSI 300 ETF options (Shanghai market) was reported at 19.91%, with a month - on - month change of - 1.59%. Similar data are provided for other types of options [3] - The table shows the VIX and its month - on - month change value for various index ETF options [48]

股指期权日报 | 2025-08-19 股指期权日报 股指期权市场概况 期权成交量 2025-08-18，上证50ETF期权成交量为187.62万张；沪深300ETF期权（沪市）成交量为182.20万张； 中证500ETF期权（沪市）成交量为234.48万张；深证100ETF期权成交量为17.70万张； 创业板ETF期权成交量为327.28万张；上证50股指期权成交量为5.56万张； 沪深300股指期权成交量为16.05万张；中证1000期权总成交量为35.94万张。 期权PCR 上证50ETF期权成交额PCR报0.40，环比变动为-0.09；持仓量PCR报1.08，环比变动为+0.01； 沪深300ETF期权（沪市）成交额PCR报0.40，环比变动为-0.13；持仓量PCR报1.23，环比变动为+0.05； 中证500ETF期权（沪市）成交额PCR报0.38，环比变动为-0.08；持仓量PCR报1.44，环比变动为+0.03 ； 深圳100ETF期权成交额PCR报0.44 ，环比变动为-0.17；持仓量PCR报1.20；环比变动为-0.12； 创业板ETF期权成交额PCR报0.29，环比变动为-0.05 ； ...

股指期权日报 | 2025-08-18 股指期权日报 股指期权市场概况 期权成交量 2025-08-15，上证50ETF期权成交量为229.63万张；沪深300ETF期权（沪市）成交量为199.52万张； 中证500ETF期权（沪市）成交量为216.53万张；深证100ETF期权成交量为18.10万张； 创业板ETF期权成交量为279.18万张；上证50股指期权成交量为6.40万张； 沪深300股指期权成交量为21.42万张；中证1000期权总成交量为39.60万张。 期权PCR 上证50ETF期权成交额PCR报0.49，环比变动为+0.06；持仓量PCR报1.07，环比变动为-0.10； 沪深300ETF期权（沪市）成交额PCR报0.53，环比变动为+0.05；持仓量PCR报1.18，环比变动为+0.07； 中证500ETF期权（沪市）成交额PCR报0.46，环比变动为-0.14；持仓量PCR报1.41，环比变动为+0.20 ； 深圳100ETF期权成交额PCR报0.61 ，环比变动为+0.10；持仓量PCR报1.32；环比变动为+0.04； 创业板ETF期权成交额PCR报0.33，环比变动为-0.06 ； ...

Report Summary 1. Report Industry Investment Rating - No information provided in the given content. 2. Report's Core View - 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 types of index options on August 14, 2025 [1][2][3]. 3. Summary by Related Catalogs Option Trading Volume - On August 14, 2025, the trading volumes of different index options were as follows: 127.52 million contracts for SSE 50 ETF options, 109.60 million contracts for SSE CSI 300 ETF options, 128.30 million contracts for SSE CSI 500 ETF options, 12.68 million contracts for Shenzhen 100 ETF options, 309.54 million contracts for ChiNext ETF options, 10.06 million contracts for SSE 50 index options, 21.42 million contracts for CSI 300 index options, and 40.51 million contracts for CSI 1000 index options [1]. Option PCR - The PCR data shows the following: for SSE 50 ETF options, the trading value PCR was 0.43 (a - 0.06 change from the previous period), and the open - interest PCR was 1.16 (+0.12 change). Similar data is provided for other index options, with varying changes in trading value and open - interest PCRs [2][35]. Option VIX - The VIX data indicates that for SSE 50 ETF options, the VIX was 17.65% (+0.07% change from the previous period). Other index options also had their respective VIX values and changes, with some increasing and some decreasing [3][50].

Report Industry Investment Rating - Not provided in the content Core Viewpoint - The report presents the trading data of various index options on August 13, 2025, including trading volume, PCR, and VIX, along with their corresponding changes compared to the previous period [1][2][3] Summary by Directory Option Trading Volume - On August 13, 2025, the trading volume of Shanghai Stock Exchange 50 ETF options was 1.5531 million contracts; CSI 300 ETF options (Shanghai) was 1.604 million contracts; CSI 500 ETF options (Shanghai) was 2.1667 million contracts; Shenzhen 100 ETF options was 0.1983 million contracts; ChiNext ETF options was 3.0954 million contracts; Shanghai Stock Exchange 50 index options was 0.0635 million contracts; CSI 300 index options was 0.1689 million contracts; and CSI 1000 options was 0.3967 million contracts [1] Option PCR - The turnover PCR of Shanghai Stock Exchange 50 ETF options was reported at 0.50, with a month - on - month change of - 0.03; the position PCR was 1.05, with a month - on - month change of + 0.00. Similar data is provided for other types of options, showing different changes in turnover PCR and position PCR [2] Option VIX - The VIX of Shanghai Stock Exchange 50 ETF options was reported at 17.58%, with a month - on - month change of + 1.29%. Other options also had their respective VIX values and month - on - month changes, such as the CSI 300 ETF options (Shanghai) with a VIX of 17.77% and a month - on - month change of + 1.54% [3]