CluenexGlossary · Options
Skew
How much more out of the money puts cost than calls, in volatility terms.
Why it matters
Investors pay up for crash insurance, so puts are usually pricier. Steep skew makes put selling spreads and collars attractive.
How to read it
Cluenex measures skew as the IV of puts about 10% below the price minus at the money IV.
Related
In the Cluenex app, this explanation opens next to every skew figure, with the live reading for the stock you are looking at. Open it in Cluenex