Ivolution Research Journal · Working paper
REFUTE: index SKEW as an SPX return/crash timer
A high CBOE-SKEW-style index skew reading does NOT predict lower forward SPX returns or higher drawdown probability beyond the VIX level; index SKEW is not a crash timer.
Cite as: VRP-16: REFUTE: index SKEW as an SPX return/crash timer. Ivolution Research Journal.
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The study is published as a working paper while a required data source remains unavailable. No result exists yet.
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Symbols
SPX · SPY · QQQ
Regimes
Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day
Horizons
1 session · 5 sessions · 10 sessions