Strategies on VIX Options

The strategies listed here are a collection of discussion pieces designed to help individuals learn about strategies on VIX Options. Each discussion includes a hypothetical example to illustrate possible strategy outcomes. These discussions and materials are for educational purposes only and are not intended to provide investment advice. Investment decisions should not be made based upon the examples included in these discussions and materials. Please review the Options Disclosure Document in conjunction with these strategy discussions.


This discussion illustrates a long call on VIX.


This discussion illustrates a long put on VIX.


This discussion illustrates a bear put spread using VIX.


This discussion illustrates a vertical call spread using VIX.