skew
B2CEFR level
45/100Rarity: uncommon
TechnicalRegister
The pattern by which implied volatility differs across strike prices for the same expiry.
Heavy demand for downside puts steepened the skew, making crash protection markedly dearer.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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