Option Skews Don’t Look Too Hot Implied volatility for near-term options are skewed towards puts, indicating...Option expiries slightly further out at the end of the year (Jan. – Feb. 2022) are less skewed, indicating...A key reason short term skews lean bearish could be the upcoming FOMC meeting.

Options Skew Signals Optimism Option skews help us establish a rough base for forward-looking market...The Oct. 2021 skew has a tail towards lower strikes (higher implied volatility) but not towards the higher...However, Nov. and Dec. 2021 skews look positive with higher implied volatility for strike prices above...

Chart of The Day: ETH Options Skew Towards Puts Options traders are seemingly bearish for ETH in the...near-term as volume skews rather heavily towards puts as compared to BTC in the same expiry period....Chart of The Day: ETH Options Skew Towards Puts Options traders are seemingly bearish for ETH in the...

GMX v2 introduces a price impact based on the skew of LPs and open interest....Margin traders are affected by OI skews....This mechanism serves as a deterrent against amplifying the skew further....Moreover, this disincentivizes further trades that would accentuate the skew....Borrowing fees affect levered traders, regardless of OI skew.

Merkle seeks to balance its open interest (OI) skew via its funding mechanism....User fees for a trade are also determined by the OI skew....If a trade furthers the skew, it is subject to a higher taker fee....But if it moves against the skew, it gets a lower maker fee.

Thales incorporates a skew impact price in order to balance exposure within a market....The skew impact can be positive or negative, making positions that exacerbate lopsided exposure to an...The risk cap and skew impact allows the AMM to market make in units of risk rather than token prices.

Skew Farming Skew occurs when one side of the pool holds more USDC than the other....Skew is calculated as “long TVL divided by short TVL.”...Therefore, if the market is bullish and there are more longs than shorts, then the skew shifts above...The opportunity for skew farming exists when the leverage tokens have polarized collateral skew.

This farming activity heavily skews application performance and traction metrics....This metric is also fairly simple to skew on a short timeframe, but maintaining that divergence over...But the entire meta around points and airdrop farming skews the performance and traction metrics making...

That said, Mythical Games’ $37M Series C1 round of funding skews the data to make it look like the average...

What you’re seeing is the volatility skew — a chart that plots the implied volatility of each strike...The perfect volatility skew looks like a smile — low at strikes that are close to current market price...Look at the Sep. 24 skew....Now look at the skew for the Dec. 31 expiry.

Near-Term Options Skews Don’t Inspire Hope BTC’s market price was roughly $57K when this data snapshot...Looking at the quarterly and EOY expiry on Dec. 31, the skew is a lot more balanced than short-term weekly...Mar. 2022 and Sep. 2022 skews, while not pictured, look more positive than these near-term expiries.

...of the continents’ largest publishers to take risks their Western counterparts won’t to demographic skews...

Implied Volatility Down, Skew Up The 25 delta skew measures the price of a call option with a delta...Simply put, if the skew increases then puts are becoming more expensive than calls; if the skew decreases...Since then, skews across option durations have fallen by a small amount.

This skew leaves the long end more reliant on domestic buyers, who face their own balance sheet constraints...In our view, this balance skews toward tighter conditions over the next several months as Treasury issuance...If backing skews heavily toward bank deposits or traditional money market funds, the liquidity still...

The market has swung from one side of the pendulum — pricing in far too aggressive rate cuts — to skewing...

However, this figure is skewed by a one-time “WEMIX liquidation,” which accounts for 40% of that total...Night Crows skews even more toward Asia at 73%.

In a situation with skewed demand for longs over shorts, long traders must pay funding to shorts for...As you can see in the chart above, the GMX long-short skew is pretty severe....With GLP’s current design, in a strong trending market with trader exposure heavily skewed either long...

Option skews help us establish a rough base for forward looking market sentiment....However, Nov. and Dec. 2021 skews look positive with higher implied volatility for strike prices above...Skews for expiries in 2022 are more balanced and signal a more neutral outlook given how far out these...

September’s Options Action BTC options open interest is heavily skewed towards the Sep. 24 expiry and...The implied volatility skew is fairly balanced despite a lack of activity on the tails (extremely out-of-the-money...

Buying Barrage A large amount of put buying in the Oct. 8 options expiry caused the short-term put-call skew...For those who need a refresher, the 25 delta put-call skew measures the pricing of puts and calls that...At the same time, longer-term skews are continuing to fall after a short-lived increase in early September...