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and good morning once again options traders and happy monday i hope everybody had a great weekend and i just wanted to kick things off this week by talking a little bit about the danger of trading in the trough thats just a traders term when we start getting into periods of skews especially when theyre really high skews like were having now during coronavirus so remember there are several types of skews very common one is called a vertical skew where youve got various strikes but youre looking at a given month so it might be all of the october calls or all of the october puts or a combination of them but those would be a vertical skew or most the time we just call it a regular skew theres also a horizontal skew sometimes called a tilt its the same idea in reverse youre going to be looking at various months for a given strike so maybe youre looking at all of the 50 calls but for january february march and so on and what youll find is that they will trade at different implied