The perennial favorite in put protection, SPY is being challenged by tail risk upstart QQQ. The ORATS measurement of skew has been falling in SPY recently and rising in QQQ to where the two measurements are almost equal.

Skew measures the relationship between put and call implied volatility explained HERE.  As options investors buy puts the implied volatility and the skew increases. This appears to be happening in the QQQs of late more than in SPY.

Download an explanation about skew and ORATS data HERE

Watch a video about skew here: API analyze skew in ETFs: http://screencast-o-matic.com/watch/cD1UoCittf

Watch these other videos: Option Markets and Analytics https://screencast-o-matic.com/watch/cblUoE2Wgu

API QuickStart: http://screencast-o-matic.com/watch/cDnVFDhMKq

API historical data: http://screencast-o-matic.com/watch/cDiOraiCP8

 

Download our Excel API access worksheet here https://api.orats.com/downloads/excel

Sign up for a key with a 30-day money back guarantee here https://orats.com/subscribe (choose retail or pro).

related posts

CELG buyout by BMY: What did the options market know?
Jan
03
Data, Markets

CELG buyout by BMY: What did the options market know?

Celgene (CELG) is to be bought by Bristol-Myers Squibb (BMY) at a 54% premium to the closing...

Read Post
Option Insider Podcast 74,
Jan
02
Backtesting, Options Strategy, Markets

Option Insider Podcast 74, "Wrap 2018" up on YouTube

Listen to the latest episode of The Advisor's Option, by Mark Longo of the Option Insider,...

Read Post

We're here, if you need us.

Still curious how we can help you?




LET'S CHAT