No Summary provided as the original text is short
- Options Skew: A measure of the difference in implied volatility between out-of-the-money calls and puts, indicating market sentiment toward potential price moves.
- Put Option: A financial contract giving the buyer the right to sell an asset at a specified price before expiration, often used for downside protection.
- Dovish Rate Cut: A monetary policy move where a central bank lowers interest rates to stimulate the economy, typically signaling an accommodative stance.