The market is saying it is right to at least start thinking long vol. I am not so sure. Monster move in TVIX. Surprise Fed speech throws markets for a loop http://www.cnbc.com/2016/09/09/surp...d-speech-throws-stock-markets-for-a-loop.html
"Long VIX" meaning buy S&P straddles, or buy futures-based derivs such as VXX? VXX at the time of your post was ~36.15, so they're letting you average down 4% cheaper now at ~34.70 ...
he went long VXV6 @ 17.45 on the announcement....no matter its @ 15.85 right now; just average in, lol