No. You can, however, trade options on a different bit of math that kinda sorta emulates VIX, but there are no options on VIX itself.
SPY +1%, QQQ +2% but still a lot of tension in the market judging by VIX -5% but still above 20. the market is like a teen full of hormones.
SPY +1.5%, QQQ +2.2% VIX is slowly letting go -7%, still a ton of tension present to my non-quantitative eye
remember when you were a teen? you had pimples and your knob started to swell. and then your friend told you that rubbing it helps with the pimples?.... SPY +1.7%
1. VXX is -5% 2. With SPY/VIX nailed by shortie, the other assets that were nailed are Gold/Silver and Swiss Franc. 3. I was right in thinking that shortie is good! Where is that Fucrum?
Maybe QE2 has a lingering effect of 3 weeks to 1 month as had happened from 3/30/10 to 4/30/10. If this is the case, then the market holds up well for another week or two at the most, then breaks down decisively out of its head and shoulders top.
Its pretty comical when you post you shit your pants simply because the VIX is up, and post about all the heightened "tension" supposably in the market. You do know that its Earnings Season ?