IV Skew · across assets
Where defensive demand is building
For each symbol: OOM put IV − OOM call IV at 25-delta wings. Positive = puts richer (defensive crowd). Negative = calls richer (risk-on). One reading is a number; five together is a regime.
For each symbol: OOM put IV − OOM call IV at 25-delta wings. Positive = puts richer (defensive crowd). Negative = calls richer (risk-on). One reading is a number; five together is a regime.