{"path":"/derivatives/options_25delta_skew_1_month","tier":3,"parameters":{"a":["ETH"],"c":["native"],"e":["binance","bybit","deribit","okex"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"ETH","path":"/v1/metrics/derivatives/options_25delta_skew_1_month"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/derivatives#get-v1-metrics-derivatives-options_25delta_skew_1_month","studio":"https://studio.glassnode.com/charts/derivatives.Options25DeltaSkew1Month","metric_variant":{"bulk":"/derivatives/options_25delta_skew_1_month/bulk","pit":"/derivatives/options_25delta_skew_1_month_pit"}},"bulk_supported":true,"timerange":{"min":1553904000,"max":1784264400},"modified":1784265228,"descriptors":{"name":"25 Delta Skew Normalized (1 Month)","short_name":"25 Delta Skew Normalized (1 Month)","group":"Delta Skew","tags":["options","skew","implied_volatility","volatility"],"description":{"default":"**Definition.** 25 Delta Skew Normalized (1 Month) is the relative richness of put versus call implied volatility on options expiring in roughly one month, computed as the difference between a 25-delta put's implied volatility and a 25-delta call's implied volatility, normalized by the at-the-money implied volatility.\n\n**Technical.** A 25-delta put has a delta of -25% and a 25-delta call has a delta of 25%, sampling the option surface at symmetric points either side of the money to expose the put-versus-call asymmetry in implied volatility.\n\n**Interpretation.** Positive readings mean puts are richer than equivalent-delta calls, negative readings mean calls are richer than puts.\n"},"data_sharing_group":"market"}}