Skew and Term Structure: How They Affect Your Short Premium Setups

A data-driven guide using 10 years of real SPY options data (2016–2026) to show you exactlyhow volatility skew and term structure affect every short premium entry you make. Part 1: The Concepts — Let’s Start Simple Imagine you’re buying car insurance. You pay a monthly premium, and if something badhappens, the insurance company covers the […]