The VIX calculation is a weighted average of prices for front-month out-the-money options on the S&P index. So for VIX futures, this makes sense for the front month vix futures (being based on a ...
Pricing of VIX futures is complicated, because it is not possible to use a standard hedging argument to get a value similar to stock futures. What different approaches for pricing VIX futures exist? ...
I am guessing the short answer to this question is "use the chain rule and linearity of the derivative," but I am looking for more specific advice on how to compute the derivatives of a VIX futures ...