Buy Vix Options [ Official ● ]

: VIX options typically expire on Wednesdays , 30 days before the corresponding S&P 500 option expiration.

The Trading the VIX: Strategies for the Fear Index article from is an excellent resource. It covers: buy vix options

: Far out-of-the-money (OTM) strikes can have very wide bid/ask spreads, making them difficult to exit at a fair price. Practical Steps to Buy : VIX options typically expire on Wednesdays ,

: These options cannot be exercised early; they only settle in cash at expiration. as this heavily impacts option pricing.

: Check if the VIX is in contango (futures higher than spot) or backwardation (spot higher than futures), as this heavily impacts option pricing.