Options on Volatility Control Index

Joined
4/9/12
Messages
1
Points
11
Hi, I have two question.

Does an option on volatility control index exist? If I google it, it seems like there is such an option, but I can't find the option on any of exchanges. So this is my first question.

Is it possible that the option can be OTC? From my knowledge, options are all listed on the exchange.

Thanks in advance!
 
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