This trade is something I haven’t tried before and actually got from another trader so it will be a learning experience for me as well.
VIX options perform differently to regular options so keep that in mind.
We this trade we have estimated coverage for the next 7 days between about 37 and 58.
I might consider adding a second calendar spread if VIX hits either of those levels.
Trade safe!
Disclaimer: The information above is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are not familiar with exchange traded options. Any readers interested in this strategy should do their own research and seek advice from a licensed financial adviser.
