06-20-2014, 08:38 AM
Just a quick follow-up, I bought a tiny amount of an ETF with the ticker TVIX. It is a 2x leveraged long ETF that tries to track forward VIX expectations. Lots of drawbacks to it, but there does not seem to be a great way to play the VIX, and I really wanted to have a little skin in the game on my hunch. Seems like the smarter play is to SHORT the VIX when volatility is really high -- the other end of the range from now.