thank u for the explanation! i had a question tho - how, if the skew has been flattish all year, did we know that everyone was overhedged? doesn't being flattish suggest not much demand for protection? or is it that hedges from past elevated skew periods were rolled over?

u are one of my fav accounts on here, pls don't let the trolls/bullies/bagholders get to u. take a break if u think it'll make u feel better 🍀

i can just picture this being a monologue on seinfeld

hi byrne! i didn't quite understand this part. can you pls shed some light on this if u have a sec?

Frrrrrr 😭😭😭

Help 🫠

Amen

Art