ICEBURG RIGHT AHEAD!!!

Cem Karsan was on a vol podcast recently talking about the past week and what’s to come.
open.spotify.com/episode/7rUKlsfHWieHOIIQQbtILQ

Of particular interest for me is the recent distribution of skew term structure into a market selloff.

The amount of skew there is and the amount of term structure is what drives an imbalance in delta effects.
The skew distribution into a decline is a very strong indicator for the next few days or even week.