Is the Skew Index Really Good?

Skew index is only up dated once a day, so it has no real instra day utility at all. It's more of just an indicator. But if wo use it as that sense, you ma see it's ticking up and trending up. That's kind of how it tends to move,. ind the most men, reverting way an ot of complicated concepts orcut of your average listener. When skew is high, when hedge funds are shorted by dealers, which leads to more of this kind of back-and-forth. Wheis oddly, I think very important to Hedge Fund Managers (HFM) for their understanding of what skew means because they don't