# Tag Info

Sorry, I should have though more before posting this question. By the way, the payoff of a call option on VIX index, priced at time $t$, with maturity at time $T$, is $$(VIX_{T} - K)^+$$ and since the time $t$ strike of a VIX futures with same maturity $T$ is F_{t,T} = E^{Q}[VIX_T \big| \mathcal{F}_t] ...