The Finance Concepts You're Expected to Know, But No One Explains Clearly

Volatility Skew

What is Skew? Volatility skew refers to the asymmetry in implied volatility (IV) across options with the same expiration but different strike prices. In a theoretical world modeled by Black-Scholes, implied volatility would be constant across all strikes. But real markets aren’t symmetric. In practice, IV changes depending on

What Is an Option? (And How Does It Work?)

You've probably heard the word "option" tossed around in trading conversations - usually right next to terms like "YOLO calls," "theta decay," or "I just blew up my Robinhood account." But let us pause for a second. Before we even