Not trying to be condescending.. or a jerk.. i'm just telling you from someone who knows the products, the curve, the index, and the options that underlay the entire deal, you will not find any product that doesn't have the inherent risks your talking about that "cost" you something to go long volatility..
Cash Vix ETFs
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Not trying to be condescending.. or a jerk.. i'm just telling you from someone who knows the products, the curve, the index, and the options that underlay the entire deal, you will not find any product that doesn't have the inherent risks your talking about that "cost" you something to go long volatility..
OK TJ, I'm going to throw you a bone since it's a holiday. What you want to do is go out further on the curve. There are other ETF's that get long different parts of the curve. There is still a roll. But.....the roll has less an effect on the curve. The downside to this, is that that part of the curve is less responsive to changes in vol. For example you can buy 90 vol or 180 day vol.
Here is my gift to you for the holidays.
Here is my gift to you for the holidays.
To me there should be a premium between a strip of spx options and vix futures that represents the cost of neutrality in the strip of options and even then this cost is different to different parties and can't exactly be knowable due to rare events / large jumps... All that can be somewhat quantified but there isn't money just pouring out relative to vix in any fashion period