Is there an options strategy that benefits from both, increasing volatility and time?

[crgarcia]

From increasing volatility (like long options),

and time passage (like short options).

 

[OptMarketMaker]

short puts on the VIX

 

[dmo]

Long back month premium, short front month premium.

 

[Snowpro]

Calendar Spreads... like DMO said.

sp