Disliked{quote} Yes but you can't buy the VIX. You can only buy the VIX futures (either directly or via the ETFs), unless you buy VIX calls or sell VIX puts. And although I haven't checked recently they (the futures) have been in contango for as long as I can remember, which makes longs especially difficult to make a profit from because the futures price is > the cash price and the futures price will converge with the cash price over time. E.g. see http://seekingalpha.com/article/2010...g-the-vix-etfs...Ignored
Thats still good RR in my book.