{
    "id": "OPT-005",
    "category": "OPT",
    "title": "波動率微笑",
    "question": "不同履約價的 IV 定價形狀如何？",
    "chart": "line",
    "metric": "隱含波動率（%）",
    "secondary": "Delta及買賣價差",
    "x": "履約價／現價（倍）",
    "y": "隱含波動率（%）",
    "panels": [
        "主圖：隱含波動率（%），依履約價／現價（倍）排列",
        "輔圖：Delta及買賣價差",
        "明細：波動率微笑的資料列、觀測日期與缺值狀態"
    ],
    "filters": [
        "美股標的與報價日",
        "到期日與行權價",
        "最大價差及最少 OI"
    ],
    "apis": [
        "OPTIONS",
        "EOD"
    ],
    "calculation": "固定日期與到期，經單位校驗後繪 volatility 對 K/S，分 call、put 顯示。",
    "caveat": "深價外與失效報價會扭曲 IV；先設流動性條件。 Marketplace 額外方案；僅美股日終快照，不含逐筆買賣方向或券商庫存；先驗證合約乘數。",
    "data_class": "額外方案",
    "complexity": "中",
    "audience": "專業",
    "reach": 6,
    "frequency": 7,
    "decision": 7,
    "clarity": 8,
    "sample_labels": [
        "0.8倍",
        "0.9倍",
        "1.0倍",
        "1.1倍",
        "1.2倍"
    ],
    "cadence": "美股收市後日更",
    "category_name": "美股期權",
    "score": 67.5,
    "requires_user_input": false,
    "requires_extra_plan": true,
    "source_urls": [
        "https://eodhd.com/marketplace/unicornbay/options",
        "https://eodhd.com/financial-apis/api-for-historical-data-and-volumes"
    ],
    "rank": 653,
    "stage": "P3",
    "svg_file": "mockups/0653-OPT-005.svg",
    "demo_fingerprint": "824affa8fb20bbd0",
    "collection": "catalogue",
    "sample_annotation": {
        "sample": true,
        "as_of": "2026-10-16",
        "notice": "Charts and tables for this report are generated, deterministic synthetic sample observations for educational layout and unit demonstration only. No provider, market data or analysis engine is called, and nothing here is a statement about real securities.",
        "notice_zh": "此報告的圖表與數據為確定性生成的合成示例數據，僅供教育及版面展示；並無連接任何資料供應商或實際分析引擎，不代表任何真實證券的表現。",
        "default_filters": {
            "symbol": "0700.HK",
            "period": "1Y",
            "benchmark": "HSI"
        },
        "filters": {
            "symbol": [
                "0700.HK",
                "0005.HK",
                "AAPL.US",
                "MSFT.US",
                "SPY.US",
                "BTC-USD.CC"
            ],
            "period": [
                "1Y",
                "3Y",
                "5Y"
            ],
            "benchmark": [
                "HSI",
                "SPX",
                "BTC"
            ]
        },
        "library": {
            "version": "2026-10-19",
            "source": "https://chatgpt.com/share/6ad67223-c610-83e8-adb2-33aaf792e584",
            "sample": true
        }
    }
}