While the specific details surrounding the volatility skew may be intimidating for some retail traders, the basic premise behind this screener is that it operates much like an insurance market. If demand for risk protection was perfectly in equilibrium across the strike price spectrum of a given options chain, the skew of implied volatility (IV) would be flat. However, that’s not how the options market usually works.Of course, these are known talking points that have likely been priced into the KMI stock pr ...