I don't know if I want to put on more in VIX products at this point ... . I've got a couple of short duration UVXY short put verts on; I was paying attention and caught the bottom fairly well ... . I've found those are best put on when I've got a day off, can watch the chart, and can goof around with the fill price throughout the day.
Not that we're going to see another bottom like we did last week, but I might be tempted to put on more long VIX with a VXX debit spread if we get another dip here, maybe to sub-16 in VXX. Scares me a bit less than UVXY ... .
As far as shorting VIX, I may have a gander at XIV or one of the other inverse VIX ETF's... . Easier to work off a inverse VIX product bottom than a UVXY/VXX top, I figure ... .
Not that we're going to see another bottom like we did last week, but I might be tempted to put on more long VIX with a VXX debit spread if we get another dip here, maybe to sub-16 in VXX. Scares me a bit less than UVXY ... .
As far as shorting VIX, I may have a gander at XIV or one of the other inverse VIX ETF's... . Easier to work off a inverse VIX product bottom than a UVXY/VXX top, I figure ... .
Fireworks are fun ... as long as you don't blow your fingers off.