SKEW IndexDespite 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 diligence) before reading someone's tweet, getting the reddit cliff notes version, and then deploying your personal capital...the markets are not easy, and complex relationships take time to understand all aspects and angles. MMs want you to believe everything is linear, but they just aren't!
