ETF · 期权分析
BOIL 期权分析
数据截至 2026年11月10日(收盘)
- 标的收盘价
- $18.97
- 30D ATM IV
- 121.48%
- IV 百分位 · 1年
- 第 96
- 25Δ 风险逆转
- -15.36
- 期限斜率 90/30
- 1.007
▲ +6.50 pts 较前一交易日
本交易日部分指标不可用
概览
BOIL 期权当前计入的 30 天平值隐含波动率为 121.5%,相当于未来一个月约 ±34.8% 的波动。这高于它过去一年 233 个交易日中 96% 的读数。
它的 25-delta call 比 put 的隐含波动率高 15.36 个波动率点,比过去一年中 94% 的交易日都更接近。
01 · 读数
当前读数
最近一个交易日的 30 天曲面,每个读数都放在它自身的历史里比较。
主要读数 · 30 天期限
- 30 天 ATM 隐含波动率ⓘ
- 121.48%
- 25-delta 风险逆转ⓘ
- -15.36
- 25-delta 蝶式价差ⓘ
- -1.90
- 期限结构斜率ⓘ
- 1.007
对应 30 天内约 ±34.8% 的波动，平常一天约 ±7.7%。
高于过去一年中 96% 的读数。
距平值同样远时，call 比 put的隐含波动率高 15.36 个点。
高于过去一年中 6% 的读数。
两翼的隐含波动率比平值低 1.90 个点。
90 天与 30 天期权的隐含波动率大致相同。
高于过去一年中 10% 的读数。
30 天隐含波动率处在什么位置
对比此前 233 个交易日(一年窗口)
- IV 百分位,1 年
- 96%
- IV 排名,1 年
- 86%
- IV 百分位,2 年
- 95%
- IV 排名,2 年
- 86%
排名是当前读数在窗口内最低与最高读数之间的位置,所以过去只要有一个极端值,之后的读数都会被压在一端附近。百分位是低于当前读数的交易日所占的比例,不受那个极端值有多极端的影响。窗口内少于 180 个交易日时,两者都不显示。
交易日明细
- 标的收盘价
- $18.97
- 30 天隐含远期价
- $18.79
- 60 天 ATM IV
- 125.67%
- 90 天 ATM IV
- 122.33%
- 180 天 ATM IV
- —
- 使用的到期日数
- 8
- 总未平仓量
- 55,665
- Put / call 未平仓量比
- 0.42
远期价由最接近平值的几个行权价上的 put-call 平价关系推出,而不是直接取标的收盘价。本页所有的价值状态(moneyness)和 delta 都以它为基准。
02 · 历史
读数是怎么走到这里的
存档窗口内的每个交易日,每次收盘一个点。
30 天平值隐含波动率
最近 342 个交易日
显示底层数据(最近 120 个)
| 交易日 | 30 天 ATM IV | 25-delta RR | 期限斜率 | 收盘价 |
|---|---|---|---|---|
| 2026-11-10 | 121.48% | -15.36 | 1.007 | $18.97 |
| 2026-11-09 | 114.98% | -13.42 | 1.052 | $18.50 |
| 2026-11-06 | 109.98% | -10.16 | 1.074 | $16.75 |
| 2026-11-05 | — | — | — | $16.49 |
| 2026-11-04 | 111.82% | -16.67 | 1.024 | $16.61 |
| 2026-11-03 | 109.64% | -17.17 | 1.032 | $16.40 |
| 2026-11-02 | 109.86% | -21.53 | 1.037 | $16.02 |
| 2026-10-30 | 105.55% | -9.01 | — | $16.11 |
| 2026-10-29 | 96.57% | -12.83 | 1.226 | $16.15 |
| 2026-10-28 | — | — | — | $17.07 |
| 2026-10-27 | 104.11% | -9.91 | 1.016 | $17.45 |
| 2026-10-26 | 103.75% | -11.61 | 0.993 | $17.85 |
| 2026-10-23 | 105.11% | -14.01 | 1.053 | $17.50 |
| 2026-10-22 | — | — | — | $18.08 |
| 2026-10-21 | 99.47% | -12.24 | 1.108 | $18.43 |
| 2026-10-20 | 91.70% | -6.75 | 1.166 | $19.80 |
| 2026-10-19 | 87.97% | -6.56 | 1.187 | $19.85 |
| 2026-10-16 | 83.01% | -7.34 | 1.223 | $20.12 |
| 2026-10-15 | 97.97% | -7.96 | 1.048 | $22.02 |
| 2026-10-14 | 91.84% | -7.24 | 1.160 | $22.65 |
| 2026-10-13 | 94.87% | -18.68 | — | $22.99 |
| 2026-10-09 | 84.11% | -18.14 | 1.185 | $22.16 |
| 2026-10-08 | 85.59% | -9.41 | — | $21.41 |
| 2026-10-07 | 86.51% | -11.99 | 1.185 | $22.14 |
| 2026-10-06 | 83.50% | -7.95 | 1.219 | $20.92 |
| 2026-10-05 | 89.53% | -15.05 | 1.069 | $20.26 |
| 2026-10-02 | 86.43% | -12.38 | — | $19.91 |
| 2026-10-01 | 80.57% | -7.99 | 1.204 | $18.84 |
| 2026-09-30 | 70.42% | -6.13 | 1.324 | $19.63 |
| 2026-09-29 | 79.84% | -10.72 | 1.175 | $19.63 |
| 2026-09-28 | — | — | — | $21.25 |
| 2026-09-25 | 90.76% | -14.44 | 1.078 | $22.66 |
| 2026-09-24 | 87.90% | -7.51 | 1.160 | $24.44 |
| 2026-09-23 | 74.90% | -5.04 | 1.243 | $21.72 |
| 2026-09-22 | 68.48% | -1.65 | 1.387 | $21.64 |
| 2026-09-21 | 69.39% | -2.52 | 1.314 | $19.47 |
| 2026-09-18 | 67.64% | -4.72 | 1.322 | $20.02 |
| 2026-09-17 | 67.13% | -6.10 | 1.360 | $19.64 |
| 2026-09-16 | — | — | — | $19.73 |
| 2026-09-15 | — | — | — | $20.42 |
| 2026-09-14 | — | — | — | $19.90 |
| 2026-09-11 | 69.87% | -2.22 | 1.431 | $19.26 |
| 2026-09-10 | 86.15% | -3.72 | 1.128 | $19.28 |
| 2026-09-09 | 78.72% | -9.07 | 1.193 | $18.93 |
| 2026-09-08 | — | — | — | $20.03 |
| 2026-09-04 | 68.74% | -1.55 | 1.373 | $20.39 |
| 2026-09-03 | 88.28% | -6.11 | 1.155 | $20.12 |
| 2026-09-02 | 82.31% | -2.82 | 1.159 | $21.22 |
| 2026-09-01 | 78.74% | -3.40 | 1.140 | $20.58 |
| 2026-08-31 | 69.27% | -5.59 | 1.339 | $20.37 |
| 2026-08-28 | 68.24% | +1.59 | 1.442 | $19.96 |
| 2026-08-27 | 77.60% | -1.75 | 1.228 | $20.45 |
| 2026-08-26 | 68.20% | -1.53 | 1.328 | $20.31 |
| 2026-08-25 | 69.06% | -0.29 | 1.291 | $19.73 |
| 2026-08-24 | — | — | — | $19.56 |
| 2026-08-21 | 60.40% | -4.85 | 1.435 | $19.03 |
| 2026-08-20 | — | — | — | $18.95 |
| 2026-08-19 | 58.74% | -2.64 | — | $19.19 |
| 2025-10-22 | 91.70% | +1.46 | — | $29.69 |
| 2025-10-21 | 96.25% | -6.89 | — | $30.15 |
| 2025-10-20 | 102.01% | -10.69 | — | $29.36 |
| 2025-10-17 | 87.93% | +3.78 | 1.366 | $26.03 |
| 2025-10-16 | — | — | — | $24.75 |
| 2025-10-15 | 86.94% | +0.13 | 1.303 | $25.37 |
| 2025-10-14 | 87.72% | -3.36 | 1.335 | $25.87 |
| 2025-10-10 | 82.20% | +1.24 | 1.384 | $27.47 |
| 2025-10-09 | 82.51% | -2.38 | 1.369 | $28.65 |
| 2025-10-08 | 84.03% | -5.99 | 1.380 | $30.18 |
| 2025-10-07 | 86.79% | -1.82 | 1.335 | $33.18 |
| 2025-10-06 | 79.35% | -4.62 | 1.449 | $30.95 |
| 2025-10-03 | 79.27% | -2.43 | 1.434 | $29.74 |
| 2025-10-02 | 74.73% | +0.30 | 1.539 | $31.60 |
| 2025-10-01 | 81.93% | -2.60 | 1.433 | $32.45 |
| 2025-09-30 | 80.81% | +1.51 | 1.418 | $29.99 |
| 2025-09-29 | 85.40% | +1.89 | 1.337 | $28.84 |
| 2025-09-26 | 91.48% | +0.97 | 1.267 | $27.31 |
| 2025-09-25 | 94.37% | +4.04 | 1.250 | $27.82 |
| 2025-09-24 | 92.83% | +6.76 | 1.248 | $26.82 |
| 2025-09-23 | 92.69% | +5.12 | 1.230 | $26.81 |
| 2025-09-22 | 96.20% | +7.53 | 1.191 | $25.96 |
| 2025-09-19 | 92.57% | +9.11 | 1.187 | $27.75 |
| 2025-09-18 | 90.85% | +5.63 | 1.219 | $28.24 |
| 2025-09-17 | 90.86% | +2.89 | 1.222 | $30.18 |
| 2025-09-16 | 89.36% | +2.32 | 1.254 | $30.75 |
| 2025-09-15 | 89.36% | +3.38 | 1.238 | $29.42 |
| 2025-09-12 | 87.78% | +7.39 | 1.254 | $27.80 |
| 2025-09-11 | 90.86% | +3.88 | 1.211 | $27.90 |
| 2025-09-10 | 86.71% | +1.17 | 1.243 | $29.55 |
| 2025-09-09 | 85.80% | +4.43 | 1.219 | $30.63 |
| 2025-09-08 | 85.55% | +3.95 | 1.231 | $30.56 |
| 2025-09-05 | 88.96% | -1.30 | 1.191 | $29.90 |
| 2025-09-04 | 87.30% | +3.55 | 1.209 | $30.90 |
| 2025-09-03 | 89.80% | -0.09 | 1.225 | $31.05 |
| 2025-09-02 | 91.46% | +2.36 | 1.195 | $30.06 |
| 2025-08-29 | 77.75% | +3.73 | 1.380 | $30.48 |
| 2025-08-28 | 86.91% | +1.94 | 1.227 | $29.09 |
| 2025-08-27 | 84.55% | +0.37 | 1.266 | $27.79 |
| 2025-08-26 | 79.23% | +5.07 | 1.356 | $27.02 |
| 2025-08-25 | 85.50% | +5.81 | 1.275 | $26.95 |
| 2025-08-22 | 83.69% | +6.79 | 1.281 | $27.11 |
| 2025-08-21 | 84.70% | +1.89 | 1.256 | $28.70 |
| 2025-08-20 | 89.60% | +5.53 | 1.221 | $27.81 |
| 2025-08-19 | 92.52% | +4.23 | 1.205 | $28.08 |
| 2025-08-18 | 92.52% | +0.82 | 1.232 | $30.13 |
| 2025-08-15 | 91.72% | +3.20 | 1.267 | $31.10 |
| 2025-08-14 | 89.86% | +3.20 | 1.236 | $29.89 |
| 2025-08-13 | 92.56% | -0.14 | 1.231 | $29.96 |
| 2025-08-12 | 94.95% | -1.21 | 1.195 | $29.62 |
| 2025-08-11 | 88.18% | +1.94 | 1.272 | $32.94 |
| 2025-08-08 | 86.82% | +5.24 | 1.258 | $33.55 |
| 2025-08-07 | 86.91% | +0.06 | 1.276 | $35.27 |
| 2025-08-06 | 86.52% | +3.64 | 1.292 | $35.39 |
| 2025-08-05 | 89.84% | +4.91 | 1.253 | $33.55 |
| 2025-08-04 | 93.08% | +2.96 | 1.191 | $32.36 |
| 2025-08-01 | 101.46% | +3.81 | 1.108 | $35.88 |
| 2025-07-31 | 105.86% | -0.23 | 1.062 | $35.77 |
| 2025-07-30 | 103.80% | +10.95 | 1.112 | $34.47 |
| 2025-07-29 | 91.83% | -4.81 | 1.281 | $37.48 |
| 2025-07-28 | 100.20% | +0.97 | 1.119 | $36.20 |
| 2025-07-25 | 95.81% | -6.48 | 1.182 | $37.18 |
图表覆盖存档中的全部交易日,共 342 个。表格列出最近的 120 个。
25-delta 风险逆转
最近 342 个交易日
虚线标出零的位置,即 25-delta put 与 call 隐含波动率相同之处。
03 · 偏斜
偏斜曲线
按 delta 排列的隐含波动率,近月到期日
按 delta 排列的隐含波动率
3d (2026-11-13) · 10d (2026-11-20) · 17d (2026-11-27)
横轴是 call 的 delta。虚线中线右侧的读数取自该行权价上的虚值 put,波动率正是从这个合约的报价反解出来的。只有在保留下来的报价从两侧夹住该 delta 时才会画点;最后一个有成交的行权价之外一律不外推。
显示底层数据
| Delta | 3d | 10d | 17d |
|---|---|---|---|
| 5Δ 看涨 | 127.57% | 118.92% | — |
| 10Δ 看涨 | 124.46% | 119.28% | — |
| 15Δ 看涨 | 118.00% | 117.59% | 126.42% |
| 20Δ 看涨 | 120.32% | 115.70% | 122.24% |
| 25Δ 看涨 | 120.10% | 114.33% | 121.29% |
| 30Δ 看涨 | 118.25% | 112.72% | 121.18% |
| 35Δ 看涨 | 115.46% | 110.24% | 120.58% |
| 40Δ 看涨 | 115.75% | 110.31% | 120.20% |
| 45Δ 看涨 | 115.88% | 108.52% | 115.17% |
| ATM | 114.29% | 102.96% | 107.28% |
| 45Δ 看跌 | 113.09% | 107.49% | 104.09% |
| 40Δ 看跌 | 112.80% | 110.81% | 102.49% |
| 35Δ 看跌 | 112.28% | 110.57% | 103.62% |
| 30Δ 看跌 | 110.06% | 110.02% | 98.71% |
| 25Δ 看跌 | 108.80% | 106.86% | 97.93% |
| 20Δ 看跌 | 109.32% | 106.73% | 98.17% |
| 15Δ 看跌 | 109.10% | 104.48% | 98.96% |
| 10Δ 看跌 | 106.75% | 102.81% | 99.92% |
| 5Δ 看跌 | 99.15% | 104.38% | 101.21% |
各到期日的两翼读数
| 到期日 | 天数 | 远期价 | ATM IV | 25Δ put | 25Δ call | RR | 蝶式价差 | 报价数 |
|---|---|---|---|---|---|---|---|---|
| 2026-11-13 | 3 | $19.09 | 114.29% | 108.80% | 120.10% | -11.30 | +0.17 | 17 |
| 2026-11-20 | 10 | $19.05 | 102.96% | 106.86% | 114.33% | -7.47 | +7.64 | 20 |
| 2026-11-27 | 17 | $18.80 | 107.28% | 97.93% | 121.29% | -23.36 | +2.34 | 15 |
| 2026-12-04 | 24 | $18.79 | 115.36% | 108.63% | 121.01% | -12.38 | -0.54 | 13 |
| 2026-12-11 | 31 | $18.79 | 122.24% | 112.31% | 128.04% | -15.73 | -2.06 | 15 |
| 2026-12-18 | 38 | $19.13 | 120.60% | 111.65% | 123.35% | -11.69 | -3.10 | 17 |
| 2027-01-15 | 66 | $18.89 | 126.44% | 119.81% | 133.26% | -13.44 | +0.09 | 21 |
| 2027-03-19 | 129 | $18.97 | 118.81% | 111.78% | 123.77% | -11.99 | -1.04 | 19 |
上面每条曲线代表一个到期日。纵向位置是隐含波动率,横向位置是读数所取合约的 delta。对美股来说,曲线通常向右上方倾斜,也就是虚值 put 的隐含波动率高于距离相同的 call。
25-delta 风险逆转把这个斜率概括成一个数字:25-delta put 的波动率减去 25-delta call 的波动率。蝶式价差(butterfly)概括的是弯曲程度:两翼的平均值减去平值读数。
04 · 期限结构
期限结构
各到期日的平值隐含波动率
各到期日的平值隐含波动率
8 个上市到期日得出了可用读数
横轴是距到期天数的平方根,这是波动率本身所在的尺度。按方差计算平坦的曲线,在这里会画成一条直线,而不会在最近一周急剧弯折。
显示底层数据
| 到期日 | 天数 | 远期价 | ATM IV | ATM 行权价 | 使用的报价数 |
|---|---|---|---|---|---|
| 2026-11-13 | 3 天 | $19.09 | 114.29% | $19.19 | 17 |
| 2026-11-20 | 10 天 | $19.05 | 102.96% | $19.32 | 20 |
| 2026-11-27 | 17 天 | $18.80 | 107.28% | $19.32 | 15 |
| 2026-12-04 | 24 天 | $18.79 | 115.36% | $19.63 | 13 |
| 2026-12-11 | 31 天 | $18.79 | 122.24% | $20.02 | 15 |
| 2026-12-18 | 38 天 | $19.13 | 120.60% | $20.63 | 17 |
| 2027-01-15 | 66 天 | $18.89 | 126.44% | $21.83 | 21 |
| 2027-03-19 | 129 天 | $18.97 | 118.81% | $24.35 | 19 |
恒定期限
在前后相邻的上市到期日之间按总方差插值
- 30 天
- 121.48%
- 60 天
- 125.67%
- 90 天
- 122.33%
- 180 天
- —
插值是对总方差做线性插值,而不是对波动率。直接对波动率插值,隐含的两个到期日之间的远期方差可能为负。超出最长上市到期日的期限会标为不可用,而不是外推。
期限结构斜率
最近 342 个交易日
虚线标出 1.00,即 90 天与 30 天平值波动率相等之处。在它上方,较长期限的波动率更高。
期限结构就是每个上市到期日的平值隐含波动率,按到期日有多远排开画出来。标的平稳时,它通常缓缓向上倾斜,因为期限越长,能容纳的不确定性越多。
当市场为某个有确定日期的事件定价时,它会倒挂:包含预定公告的到期日,除了平常交易的方差之外还要加上该事件的方差,所以较短的合约可能显示出比较长合约更高的波动率。