Replies to post #143108 on SPDR S&P 500 (SPY)

[Paul Wall]

Sure is, but I will bank on it like always. Short swings only.

[imiloa]

true. but VIX ETFs do make strong swings when markets rise and fall rapidly.

eg: june 26th to 29th (one overnight due to weekend),
VXX Jul 24 '15 $17 Call
went from 1.25 high to 3.70 high.

then july 9th to 14th
from 4.20 high to 1.19 high.
(puts being the inverse payoff)

simply a matter of saving the VIX tools for times when you anticipate large swings soon.
eg: this current too-high-too-quickly scenario this week.