system
A chat on subreddit /r/wallstreetbets
human
Err false, the underlying for VIX options is the cash VIX index (and settles off of the SOQ--Special Opening Quotation). Additionally, the VIX futures are 10x larger in size than VIX options. It is correct, though, that since you're trading forward vol, the current futures price determines moneyness and pricing of the option prior to expiration.  
  
 Source: I'm a professional vix options trader.

gpt
Are you mr 50 cent?!  
