MJMM I buy this when market are all going up up up and everybody is giddy stupid on CNBC then just wait till the next crisis and TVIX pops a buck or more. Last time I bought in the $2.4 it bleed down to $2 I bouht more and it popped to $3.40s I held it for about 3 weeks. I bought some yesterday and today. Sooner or later something bad will happen and well make good money.