The VIX Bearish Bias Play
The bearish property of VIX that no one talks about.
If you need background information about the Volatility Index (VIX) please read The VIX Bullish Play. It has more background information about VIX that I do not want to repeat here. I am going to focus on the bearish trading setup here.
First, the net gain chart from day trading this VIX bearish bias.