#SKEW Indicating a Market Crash in 2-12 Weeks
Options Market is telling us something
What is SKEW?
Skew—an options-based measure of pessimism vs. optimism.
This is really DEEP OPTION stuff and since #Options have become such a big part of the trading world, I figure we should at least be aware of it. Seems the massive drop in SKEW has gotten Option players a bit on edge. You can see from since June 12th, SKEW has dropped 13%.
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