ApexVol

VIX Spike Trading Strategies

Learn to profit from VIX spikes and volatility events with mean reversion strategies and tactical premium selling.

Mean Reversion
Volatility Trading
Risk Premium
Last Updated:
14 min read
Reviewed by: ApexVol Trading Team
Fact-checked & Up-to-date

What is VIX Spike Trading Strategies?

VIX Spike Trading Strategies VIX spikes occur during market stress, creating opportunities for mean reversion trades as volatility eventually contracts back toward normal levels.

The VIX has a strong mean-reverting tendency, but timing entries is critical as spikes can extend further than expected.

Event Characteristics

IV Behavior
VIX spikes rapidly (days), decays slowly (weeks/months)
Typical Frequency
Major spikes 2-4 times per year
Best Setups
VIX above 25-30, after initial spike stabilizes
Risk Factors
VIX can spike higher, volatility of volatility

The VIX Mean Reversion Edge

VIX above 30 has historically reverted to 15-20 within weeks to months. But never sell naked VIX products - always use defined-risk strategies and scale into positions over multiple days.

Frequently Asked Questions

How do I trade a VIX spike?

Wait for the spike to stabilize (2-3 days of sideways action), then sell premium on SPY/SPX using iron condors or put spreads. The elevated volatility gives you more premium, and mean reversion tends to work in your favor. Never try to catch a falling knife during active selling.

What causes VIX spikes?

VIX spikes are caused by: market selloffs (demand for protective puts), geopolitical events, economic surprises, Fed policy shifts, and systemic concerns. The VIX measures expected 30-day volatility implied by SPX options, so it rises when fear increases.

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