The price of the 2.55 option should be 3x the price of the 2.69 option...is this what you call IV skew? "Options that have high levels of implied volatility will result in high-priced option premiums."
Why do you put the "nonsense" in the titles? Have a more catchy title... then start with the nonsense in the posts. I didn't know you could have strikes at pennies, like your .55 and .69 examples
You know why none of you are making any money? Because this entire forum is filled with traders who think they know how to trade, but there is zero collaboration...instead only trying to tear down other traders. That is not a productive use of time.
I don´t think you have the slightest glimpse about how stupid you sound when you make your ridiculous claims. Volatility not correlated with options prices...dude, price is first and implied volatility is the result of a formula that converts the options price using time and distance to the the current underlying price. So how can it not be correlated? IV is literally the result of the formula with the options price as input. That´s like saying 4 is not correlated with 2+2. Are you trolling or mentally disabled? Why would anyone collaborate with a guy who doesn´t just know derivatives basics but also has the audacity to claim they are all wrong while at the same time maintaining the statement that averaging into losers is a superior strategy.
Then why are the options prices not reflecting the 3 x IV??? I know the formula...I managed to get options prices on my spreadsheet using it...and then create a risk profile from the data that matched very closely with tos. https://www.elitetrader.com/et/thre...ons-using-only-google-sheets-formulas.378494/ (Mic drop)
Either different maturities, strikes, forward is hard to borrow, who knows. Post underlying, strikes, sides and time to expiration. Then maybe someone will help you out.