Options Trading with Fexingo: Calls, Puts, and Derivatives for Retail Investors

In this episode from June 16, 2026, Lucas and Luna break down the VVIX — the volatility of the VIX — and how options traders use it to time entries and exits on volatility strategies. With the VIX at 16.20 after a 27% drop in five days, and the VVIX sitting at 87.58, they discuss what a compressed VVIX means for VIX call buyers and theta harvesters. Lucas walks through a real-world example using t...

Episode 53 of Options Trading with Fexingo dives into the VVIX — the volatility-of-volatility index — and how options traders are using it in today's low-VIX, high-VVIX environment. With the S&P 500 at 7,554 and the VIX at 16.16 but the VVIX at 87.47, Lucas and Luna explain what the VVIX tells you about tail risk, how it shapes strategies like calendar spreads and vega hedging, and why a low VIX d...

With the VIX dropping 15.6% in five days to 16.77, options traders face a classic volatility crush. Lucas and Luna dig into the VVIX—volatility of volatility—and how it helps retail traders decide when to sell premium, buy protection, or stay flat. They walk through the current VIX at 16.77, the VVIX at 93.82, and what that ratio tells you about tail risk. Plus, how one small-cap stock is seeing i...

It is June 2026 and zero-days-to-expiry options are dominating the options-trading landscape. Lucas and Luna break down how retail traders are using 0DTE SPX contracts to capture small intraday moves, why the VIX at 17.68 creates a favorable environment for premium sellers, and how the recent SpaceX IPO volatility event reshaped the way traders think about expiration-day risk. They walk through a...

Episode 50 of Options Trading with Fexingo dives into the structural shift in options skew caused by the SpaceX IPO. Lucas and Luna break down how the 75-billion-dollar listing has widened put-call skew across the NASDAQ and created a unique theta-harvesting opportunity in SPX options. Using live data from June 14, 2026 — including the VIX at 17.68 and the S&P 500 at 7,431 — they explain why the s...

With SpaceX's record-setting $75 billion IPO arriving on the Nasdaq, options traders are facing a unique volatility event: a massive IPO that the S&P 500 already priced in via index reconstitution. In this episode, Lucas and Luna break down how the implied volatility crush unfolded in the days before the debut, why the VIX dropped 6.6% even as the VVIX stayed elevated, and what strategies traders...

On Episode 48 of Options Trading with Fexingo, Lucas and Luna dive into the massive volatility event surrounding SpaceX's IPO. With the S&P 500 near all-time highs and the VIX at 17.68, they explore how options traders can use volatility skew and post-IPO option strategies to profit from the record-setting $75 billion raise. Luna questions whether retail traders can realistically trade SpaceX opti...

The SpaceX IPO is the biggest market event of 2026, driving a massive volatility event across the S&P 500 and beyond. Lucas and Luna break down how options traders are positioning—from tail risk hedges via the VIX to direct IPO options strategies. With the S&P 500 at 7,431 and the VIX at 17.92, they explore why this IPO matters for retail options traders, how prediction markets are pricing the sto...

With SpaceX debuting on the Nasdaq and a record-setting $75 billion raise, options traders face a unique volatility event. Lucas and Luna break down how retail traders can approach IPO volatility using SPX hedges, the VIX spike, and the VVIX contraction to manage tail risk. They discuss the S&P 500's implicit bet on SpaceX via index funds, the skew shift in single-stock options, and why the curren...

SpaceX is about to go public, with prediction markets pricing a potential $2 trillion market cap. For options traders, a high-profile IPO like this creates unique volatility dynamics — from single-stock options pricing to broader index effects. Lucas and Luna break down how retail options traders can think about trading around the SpaceX listing, what the VIX at 19.48 tells us about the current en...

On this episode of Options Trading with Fexingo, Lucas and Luna unpack the volatility risk premium—the persistent gap between implied and realized volatility that options sellers have exploited for decades. With the VIX at 20.94 and the VVIX surging 11.7 percent in the past week, they drill into why the premium tends to be positive over time, how retail traders can structure short premium trades w...

This episode of Options Trading with Fexingo dives into the volatility risk premium—the persistent tendency for options implied volatility to exceed realized volatility. Lucas and Luna break down how retail traders can harvest theta by selling premium during elevated VIX environments, using real data from June 10, 2026: the VIX at 21.98, up 42.7% in five days, while the S&P 500 dropped 4.2%. They...

In this episode, Lucas and Luna explore the volatility risk premium — the persistent tendency for options to be priced higher than actual realized volatility. Using current data (VIX at 20.17, VVIX at 95.81), they explain how traders can sell premium to collect theta while managing tail risk. The discussion covers the VRP's historical average, how the VVIX signals expensive options, and practical...

This episode dives into Kalshi's new perpetual futures market, which crossed $1 billion in volume within a week of launch. Lucas and Luna break down how these perps differ from traditional options, why retail traders are flocking to them, and what the VIX at 19.94 tells us about the broader volatility environment. They use the recent S&P 500 five-day drop of 2.2% as a case study to explain how per...

Episode 40 of Options Trading with Fexingo dives into a practical angle many retail traders overlook: using the VIX futures curve not just as a fear gauge, but as a timing tool for entering options positions. Lucas and Luna break down the current curve shape — spot VIX at 18.29, first-month futures near 19, second-month around 17.5 — and explain what contango and backwardation signals mean for a t...

In this episode of Options Trading with Fexingo, Lucas and Luna dissect the VIX premium as a directional trading signal. With the VIX jumping 19% in five days to 18.77 while the S&P 500 dropped 2.7%, they explore how retail traders can use the gap between VIX futures and the spot index to bet on volatility direction. Using real data from June 8, 2026, they walk through a calendar spread on VIX fut...

With the VIX surging 27% in five days to 20.02, Lucas and Luna explore how options traders can use the VIX premium—the gap between VIX futures and spot VIX—to make directional bets on volatility. They break down the mechanics of contango and backwardation, using the current spike as a case study. The hosts discuss why a rising VIX doesn't always mean panic, how to size a short VIX position when th...

Episode 37 of Options Trading with Fexingo dives into the put-call ratio—a contrarian sentiment indicator that can signal market turns. Lucas and Luna break down the recent spike in the ratio amid the S&P 500's 2.8% weekly drop and the VIX surge to 21.51. They explain how to read total market vs. equity-only put-call ratios, when extreme readings have historically marked bottoms, and why today's e...

In this episode of Options Trading with Fexingo, Lucas and Luna break down how savvy options traders are positioning around the May jobs report shock and the VIX spike to 21.51. They explore the concept of 'volatility harvesting' — using short-dated puts and calls to capture premium in a high-VIX, low-directional-confidence environment. With the S&P 500 down 2.8% in five days and the VIX up 34%, t...

With the S&P 500 down 2.8% in a week and the VIX spiking 34% to 21.51, options traders are scrambling for protection. In this episode, Lucas and Luna break down the SPX skew — the difference in implied volatility between out-of-the-money puts and calls. They explain why the skew has steepened dramatically this week, how traders can read it to spot panic vs. complacency, and how to use put spreads...

In this episode of Options Trading with Fexingo, Lucas and Luna break down how the VIX premium can signal directional opportunities beyond simple fear. With the VIX surging 34% in five days to 21.51 as of June 6, 2026, they explain why elevated VIX levels aren't just a panic indicator—they can actually be a bullish contrarian signal when interpreted correctly. Lucas walks through the concept of th...

In this episode of Options Trading with Fexingo, Lucas and Luna dive into the VIX premium — the gap between the VIX futures curve and the spot VIX — and how options traders can use it for directional bets. With the VIX at 19.73 after a 22.9% spike this week, and the VVIX at 98.41 indicating elevated tail risk, they explore whether the current contango structure signals a buy or sell opportunity. L...

In this episode, Lucas and Luna explore the VVIX — the volatility of the VIX — and how options traders use it to detect hidden panic, time tail risk hedges, and position for crash scenarios. With the VIX at 15.79 and the VVIX spiking 4.3% this week to 85.75, they explain what this divergence means and how to trade the gap using VIX call spreads and VVIX futures. Along the way, they discuss the rec...

In this episode of Options Trading with Fexingo, Lucas and Luna explore how professional options traders use the VIX premium — the gap between VIX futures and the spot index — to gauge sentiment and set up directional trades. With the VIX at 15.22 and the S&P 500 near 7,584, they break down when contango signals complacency and when backwardation hints at panic. Using real data from June 4, 2026,...

On this episode of Options Trading with Fexingo, Lucas and Luna break down how index rebalancing creates a predictable gamma sell-off that retail options traders can front-run. Using the S&P 500 quarterly rebalance on June 19, 2026 as a live case study, they explain the mechanics: index funds must sell winners like Broadcom and buy laggards to match market-cap weights, which suppresses options imp...