How Options Traders Use the Volatility Risk Premium to Harvest Theta episode artwork

EPISODE · Jun 11, 2026 · 7 MIN

How Options Traders Use the Volatility Risk Premium to Harvest Theta

from Options Trading with Fexingo: Calls, Puts, and Derivatives for Retail Investors · host Fexingo

On this episode of Options Trading with Fexingo, Lucas and Luna unpack the volatility risk premium—the persistent gap between implied and realized volatility that options sellers have exploited for decades. With the VIX at 20.94 and the VVIX surging 11.7 percent in the past week, they drill into why the premium tends to be positive over time, how retail traders can structure short premium trades without blowing up, and the brutal lesson of August 2024 when the premium evaporated. Specific numbers, specific dates, and a concrete framework for harvesting theta—including why the VIX futures curve matters and what the Cboe's own data reveals about the edge. No fluff, just the mechanism. #VolatilityRiskPremium #ThetaHarvesting #OptionsTrading #FexingoBusiness #BusinessPodcast #Finance #Investing #RetailInvestors #VIX #VVIX #ImpliedVolatility #RealizedVolatility #ShortPremium #ThetaDecay #OptionsSelling #Cboe #SPX #VolatilityArbitrage Keep every episode free: buymeacoffee.com/fexingo

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How Options Traders Use the Volatility Risk Premium to Harvest Theta

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This episode was published on June 11, 2026.

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