The core of how the Volatility Hedge works is from selling QQQ options

This is a Python 3 code I use to calculate historic option pricing

This is the price action for the owner of the option

[We are the sellers, their loss is our gain]

With the use of other derivatives we create a delta neutral spread

• Day-to-day volatility mitigation: “We capture decay in option extrinsic value to smooth daily portfolio swings.”
  
  

• Long-term hedge: “Futures backwardation provides structural portfolio protection over longer horizons.”
  
  

• Financing / cost efficiency: “The net cost of the structure is effectively futures contango minus option extrinsic decay, creating a near self-funding overlay.”