To get some idea of the power of this move look at these two... VXX 60.. stockcharts.com/c-sc/sc?s=VXX&p=60&yr=0&mn=6&dy=0&i=p02703356175&a=202744824&r=2223 VIX Weekly stockcharts.com/c-sc/sc?s=$VIX&p=W&yr=0&mn=9&dy=10&i=p97668479407&a=251738613&r=8869 VIX 1 min stockcharts.com/c-sc/sc?s=$VIX&p=1&yr=0&mn=6&dy=0&i=p07579882006&a=245184325&r=4000