Options Corner: Alphabet's Slow Start Offers A Discount For Bullish Contrarians - Alphabet (NASDAQ:GOOG)
If we follow the waves, there's potentially an opportunity to grab GOOGL stock at a relative discount. This sentiment seems to be broadcasted in the volatility skew.A screener that identifies implied volatility (IV) — or a stock's potential kinetic output — across the strike price spectrum of a given options chain, volatility skew represents one of the first-order (observational) analyses freely available to retail traders. For the March 20 expiration date, the skew is hardly remarkable and that's a major s ...