TVIX is a tough one to get perfect, that's been proven more than once. I do think the way you and I scale into positions is a great way to play it. As oversold as this is? it makes me want it more each day. Some people call early entries, "bagholding." I prefer to think of it as "strategic positioning for a future event." lol
You may see a drop? I see an op. Opportunity that is. swimming pools, movie stars...the next thing you know ole Jed's a millionaire.