SKEWtacular–
–SKEW 200 day moving avg 147.00!
–back month skew higher
–lower vol has brought higher skew
–VIX takes a back seat
Premium Selling Dynamics–
–realized vol vs Imp Vol
–Lower Vol = Xmas Tree Spreads with VIX hedges
–Higher Vol pure premium selling
SPX Expected Move —
–last week — 72.40 (expected move)
–next week– 62.48
