>>22125268Yeah my only assumption is that VIX futures will continue to be in contango most of the time forever. The VIX futures short trade is green more often than the SPX long trade, the difference is that in golden SPX bull runs shorting VIX underperforms due to not getting much alpha from it (because VIX can only go so low even in a golden bull run) while when SPX crabs VIX shorting outperforms due to the extra alpha from contango.
