New readers: start with What is the VIX? and then How VIX is calculated. The Learn section has long-form fundamentals, and the glossary covers terminology. For answers to common questions, see the FAQ.
Index last reviewed on 2026-04-24.
Long-form articles on VIX products, volatility mechanics, and historical market episodes
How the fear gauge behaved during 2008, 2020, and other crisis periods — and what those episodes teach about mean reversion and regime change.
Why VIX ETFs like VXX and UVXY lose value over time. Contango, roll costs, and volatility drag explained.
Spreads, calendars, and hedging techniques using VIX options — how the European-style settlement changes the playbook.
Understanding VVIX, the VIX-of-VIX. How to use this second-order volatility indicator for regime awareness.
Reading the VIX futures curve, identifying regime shifts, and framing calendar-spread trades.
Inverse VIX exposure, contango carry, sizing discipline, and the risks every short-volatility trader has to respect.
Using VIX products for portfolio protection — sizing hedges, choosing instruments, and managing cost drag.
How daily rebalancing and curve shape drive long-run returns in VIX ETFs — with a simple roll-drag formula.
New readers: start with What is the VIX? and then How VIX is calculated. The Learn section has long-form fundamentals, and the glossary covers terminology. For answers to common questions, see the FAQ.
Index last reviewed on 2026-04-24.