SKEW tells us that the market perceives the high-velocity move to be on one side of the market. To find SKEW, compare equidistant OTM options prices and see which side is higher-priced. That's where the SKEW is.

Tune in to learn more about how SKEW can affect specific options strategies, and how we can either be at the mercy of or take advantage of it with directional and neutral trades.