Options Jive - September 28, 2020 - Direction of Skew


Sep 28 2020 9 mins   8
Today, tastytrade puts context around call and put skew, and the direction of varying underlying’s skew. Usually we observe options skew to the downside, I.e. put skew, but in some cases, like TSLA, you see call skew. Skew is the perception of where the market prices the most tail risk.