VXX

One trade I am looking at now, which is the one I discussed before - is to short VXX when index hit a low. 1% movement is around 16 pts of VIX, so at VIX at 41 means the market is projected to move around 2.5 % per day which is alot higher than average.

Market seems topping in a very short term, now I am waiting VXX to back at 50 before I will start shorting it again.

Stay home and stay safe.