[guided]We first restate the two stereographic coordinate maps used in the computation. Let $N:=(0,0,1)$ and $S:=(0,0,-1)$ be the poles of $S^2\subset\mathbb{R}^3$, and define $U_N:=S^2\setminus\{N\}$ and $U_S:=S^2\setminus\{S\}$. The northern chart is the map $\varphi_N:U_N\to\mathbb{C}$ given by
\begin{align*}
\varphi_N(X,Y,Z)=\frac{X-iY}{1-Z}.
\end{align*}
The southern chart is the map $\varphi_S:U_S\to\mathbb{C}$ given by
\begin{align*}
\varphi_S(X,Y,Z)=\frac{X+iY}{1+Z}.
\end{align*}
The signs in these two stereographic charts are chosen to match the outward orientation on $S^2$. In the northern chart, using $X-iY$ rather than $X+iY$ makes the ordered coordinate frame agree with the outward normal orientation near the south pole. In the southern chart, using $X+iY$ gives the same agreement near the north pole. Equivalently, if $F_N:=\varphi_N^{-1}$ and $F_S:=\varphi_S^{-1}$ are the inverse parametrizations, direct differentiation shows that $\partial_xF_N\times\partial_yF_N$ is a positive multiple of $F_N$ and $\partial_xF_S\times\partial_yF_S$ is a positive multiple of $F_S$.
We compute the overlap map directly. If $z=\varphi_N(X,Y,Z)$, then the inverse stereographic formula gives the point $(X,Y,Z)\in S^2\setminus\{N\}$ as
\begin{align*}
(X,Y,Z)=\left(\frac{2\operatorname{Re} z}{1+|z|^2},-\frac{2\operatorname{Im} z}{1+|z|^2},\frac{|z|^2-1}{1+|z|^2}\right).
\end{align*}
Substituting this point into $\varphi_S$ gives
\begin{align*}
(\varphi_S \circ \varphi_N^{-1})(z)=\frac{\frac{2\operatorname{Re}z}{1+|z|^2}-i\frac{2\operatorname{Im}z}{1+|z|^2}}{1+\frac{|z|^2-1}{1+|z|^2}}.
\end{align*}
Simplifying the numerator and denominator gives
\begin{align*}
(\varphi_S \circ \varphi_N^{-1})(z)=\frac{2\bar z}{1+|z|^2}\cdot \frac{1+|z|^2}{2|z|^2}=\frac{\bar z}{|z|^2}=\frac{1}{z}.
\end{align*}
Thus, on the overlap $U_N\cap U_S$, the change from the northern complex coordinate $z$ to the southern complex coordinate $w$ is $w=1/z$. This explicit formula is the source of the clutching degree.[/guided]