Despite numerous mentions about the CBOE SKEW Index, we are no where near the 2018/2019 lows (which are the lowest readings on file for the past decade). Understanding how SKEW Index works, it's relationship to Vol Structures, and impact towards Gamma & Vega and how/what it implies by way of Institutional Hedging is another tool for the pros. Do your DD (due...
Another chart to keep in mind given skew has decoupled from the VIX!
One to keep an eye on... Particularly given S&P variance has been so low lately.