value is subjective, a price of a good might be undervalued to some and overvalued to others and these different opinions are what make a market
Long options on the TVIX or the actual VIX futures? In any case, being long volatility is a good idea here.
Well I have no idea what your position is and what its correlation is to the overall market. The position I suggested in this thread is very simple and pure. Since it is an inexpensive ETF, it is also a possibility for a retail trader that frequents ET to put 100 to 500 shares of it. Those threads that say $1000 to 10,000 in a year. Here is a good place to start.
It was NEVER that high. It's been reverse split about 10 times. This thing has barely ever traded above $10.
Nope, it's entirely from the from the forward curve which has been very steep the last few years times the leverage. Just look at the VX futures for reference.