How Options Traders Use the VIX Calendar Spread

Episode 24 of Options Trading with Fexingo dives into the VIX calendar spread, a nuanced strategy that profits from the term structure of volatility. With the VIX at 15.92 and the VVIX at 86.06 as of June 1, 2026, Lucas and Luna explain how traders can exploit the gap between short-term and long-term VIX futures. They walk through a real-world example using front-month and next-month VIX options, discuss why the VIX term structure is currently in contango, and highlight risks like roll yield and volatility-of-volatility. This episode is perfect for retail options traders looking to expand beyond simple directional bets into relative-value volatility trades. #VIX #Volatility #OptionsTrading #CalendarSpread #TermStructure #Contango #VVIX #VolatilityTrading #Derivatives #Finance #FexingoBusiness #BusinessPodcast #LucasAndLuna #OptionsStrategies #RiskManagement #VIXFutures #CBOE #RetailInvesting Keep every episode free: buymeacoffee.com/fexingo