It appears unlikely that the #market will price in higher odds of extreme volatility until those whales and #arbitrage desks face more than a 3.5% price correction.

The 25% delta skew is a telling sign showing when market makers and #arbitrage desks are #overcharging for upside or downside protection.

The 25% delta skew is a #telling sign showing when #market makers and #arbitrage desks are overcharging for upside or downside protection. 

The 25% delta skew is a #telling sign showing when market makers and #arbitrage desks are overcharging for upside or downside protection. 

#become more risk-averse. The 25% delta skew is a telling sign whenever #arbitrage