I typically stick to credit spreads with weekly expirations — that’s my bread and butter. But sometimes the market presents setups worth exploring outside the usual framework.
This is one of those times.
With a potential government shutdown looming on October 1st, I’ve entered a Bull Call Spread on VIX — a debit spread that profits if volatility spikes.
Trade Structure
VXY25 Oct 21nd
Long Call: 16
Short Call: 20
Contracts: 4
Net Debit: -$452
Max Profit: +$1,148
👉 View on OptionStrat
👉 View in Trade Log
It’s a directional bet on fear:
Why now?
Government shutdown deadlines historically create volatility spikes. The VIX tends to jump when uncertainty peaks — regardless of whether the shutdown actually happens or gets resolved at the last minute.
The timing matters here. October 1st is the deadline, and my spread expires on October 21st — giving enough runway for volatility to materialize and potentially fade.
This is a test. A departure from my systematic approach to explore how volatility plays develop around binary events.
The market will tell me if this reasoning holds up.
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Disclaimer
All content is for informational purposes only and does not constitute financial advice.Any trades or strategies should be tested in a simulated environment before use.Trading involves risk, and all decisions are the sole responsibility of the reader.



BOT +1 1/-3/1 CUSTOM VIX 100 22 OCT 25 [AM]/22 OCT 25 [AM]/22 OCT 25 [AM] 16/20.5/34 CALL/CALL/CALL @-.45
VXY 25 Delta?
I dont know what instrument you’re trading
You mean the Oct monthly ?