Which VIX contract to use for 6 month horizon?

[tomahawk]

I've never traded VIX futures and actually never held any futures contracts at all for more than a day. So I was just wondering if there are any successful VIX swing traders out there who could offer insight on which contract(s) it's best to play for a possible 6-month hold. Obviously there'd be at least one roll in there, so do I start with the front contract and roll them or pick something farther out right from the start? Any other tips such as how to best time the entries/rolls would be much appreciated as well.

Thanks!

 

[FroggerMan]

Here's a good article to read about the VIX, its a year old but is still relevant.

http://seekingalpha.com/article/196581-hedging-equities-with-vix-futures

Key point --> "Short term VIX futures lose value much more rapidly than long-term VIX futures"



And here's an interesting opinion about the current volatility.

http://optionshouse.com/blog/how-low-is-cheap-volatility-824/

 

[tomahawk]

Great articles. Thanks!

 

[Kevin Schmit]

Quote from tomahawk:

I was just wondering if there are any successful VIX swing traders out there who could offer insight

Use the search function and read all posts from sellindexvol66.

He devotes 12 hours a day to it, not an easy market to trade.