Cboe Says Bullish Options Bets Are Building as Skew Hits Lowest Since December 2024
JH Kim
Forecast Trend Report by Period
Market optimism is strengthening, and options traders are stepping up bets on further gains, Walter Bloomberg reported on August 7.
Cboe's Skew index fell on Friday to its lowest level since December 2024.
A lower Skew reading suggests call options are becoming relatively more expensive than put options. That signals rising demand for bets on further upside in the market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.