Thank you so much for the prompt reply.

Thanks, Seth.

1. Is it not fair to say that such products will always be in contango since future-dated VIX futures are likely to be always more expensive than near-dated VIX futures?

2. What is the contango level below which one should not consider going short such products?

3. I suppose you calculate contango by comparing the 2nd month price with the current month price (17.5-16.05 = 1.45/16.05 = appx 9%). Can you confirm, please?

Thanks, again.

Great article. Thanks, Seth.

I am new to the short volatility party. Can you please share how to measure contango?

BTW, I did go to the VIXCentral page based on one of your Utube videos. I am in the process of reading your other articles.

Thanks.