Which Skew Trades Make Money? 36,878 Option Strategies on SPY, QQQ and IWM, with GEX, VRP and Skew Filters
Is trading options skew profitable, and which trade captures it best? We tested 960,351 trades on SPY, QQQ and IWM from 2018 to 2026, across put spreads, ratios, flies, risk reversals, credit spreads and short options, with GEX, VRP and skew entry filters and four exits.