Replies to post #163845 on SPDR S&P 500 (SPY)

[DownWithPumpers]

Picked up 8000 shares of TVIX

Good luck with that. I made a little over 70K this year buying the dips. I guess since the market is not up you can do same thing selling the tops. But if you do it with options and TVIX you have a lot so decay to worry about. TVIX and options are way over-priced given the actual volatility in the market.