So sorry Mr. I don't always read everything thats posted here, leaving the derivatives aside, the real thing looks like this - stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=4&dy=0&i=p39675053366&r=1358953195421 reminds me of Nude Green Leaves and Bust upload.wikimedia.org/wikipedia/en/thumb/2/2b/Nude_Green_Leaves_and_Bust_by_Picasso.jpg/220px-Nude_Green_Leaves_and_Bust_by_Picasso.jpg