Nasdaq 100 ETF Put-Call Skew Reaches 0.39 – Highest Level Since April 2025

Multiple independent social media and commentary posts from The Kobeissi Letter explicitly state that the Nasdaq 100 ETF (QQQ) put-call skew is 0.39, and that this is the highest level recorded since April 2025. These sources directly match the wording of the statement and provide both numerical value and historical comparison. While these posts are not from the most authoritative primary market data providers such as Cboe or Nasdaq's official dashboard, The Kobeissi Letter appears to be reporting this data from primary sources, and the consistency across multiple posts strengthens credibility. Indirect primary sources from Nasdaq articles affirm the relevance and plausibility of the skew metric but do not directly confirm the figure. There is no evidence contradicting the claim, and the agreement across separate reporting channels makes the statement highly probable, though it is possible that the exact historical comparison could be slightly off if not sourced directly from official skew history.