Wall Street has had this view of the market for years. Now it’s coming to retail…

Retail operates with almost half the information that institutions do, institutions MINIMALLY spend over $32,000 annually on data alone. It would cost most people’s retirement account to access their lowest tier of data. 

A critical piece of this data is being able to see market information in the form of graphs. Skewly aims to bring some of that data to you. Skewly shows 3D volatility surfaces that help you not only see data but understand it. 3D volatility surfaces are graphs/depictions that use DTE, strike price, and implied volatility to show a comprehensive and fairly digestible grasp of the options market(as shown in the depiction above). 

But these volatility surfaces are more than just conceptual, they are deeply practical. 3D volatility surfaces show you what's really happening in pricing, shapes show what numbers alone can’t. Here are examples I've felt in my own trades + what could help today. 

1. Showing Market Bias.  3D volatility surfaces are great at showing market bias through leans and skews. When the surface is leaning to the lower strike price, the market is likely anticipating a move to the downside, which can help either create asymmetric bets or move with the flow of the market. 

1. Warns about IV crush. IV crush is the phenomenon where you buy an options contract and are correct about direction/type of option but still lose money to the market pricing the risk into the premium. When the surface is uncharacteristically high on the IV, it signals that the market is pricing in a large move. When the market is pricing in a large move like this, it causes options contract prices to spike, which can lead to losing trades even if you were right about the direction, otherwise known as IV crush. 

* TODAY'S DATA: Looking at SPY’s surface today (image seen above from Skewly). SPY is pricing in a strong move to the upside or the downside. This data can allow for more profitable strategies that hinge on the underlying’s movement staying neutral or can help discern if a contract or shares are better.

Due to the use and applications of these surfaces, our competitors charge far more. Our most direct competitor ApexVol, charges 5x more than us for the same features. This doesn't include MenthorQ, the industry leader, who charges 6x more than us and doesn't offer the top 7 ETFs for free. 

In conclusion, 3D volatility surfaces are graphs that can help conceptualize options chains and be a valuable tool that can help your options trading significantly. Skewly gives access to these surfaces at much lower prices than competitors, and it’s something I built out of my own desire. What tickers are you looking at first? This is a one-man army, so I will personally be sticking around for any feedback or questions you guys have as well. Thanks for reading!