Would this not be just selling a blend of the nearest two month's VIX futures? And why even go there, why not just, month after month, sell one month out VIX futures, so long as there is contango? Then stop doing it where there is not contango? Do this with a very small part of your portfolio given the risk that VIX could skyrocket, but over time won't you be pretty much guaranteed to make money unlike those poor sods in XIV and SVXY (including me - I was long XIV a bit thank GAWD I found you guys before I got too deep into it!!!). Thanks!