lol, I sold puts on Oct 10th thinking I could let the Oct ones just expire worthless. Had to get out when vol went up and above the levels on the 10th. Unfrickin-believable. You'd have to be risk-lovin to be still short vol in this market!
Options are getting insanely expensive. Honestly you can make 20% in a month selling calls (fully covered) on alot of stocks. I mean the stock your selling calls on can tank 20% and you can still make out even. This is a great time to be trading.
it won't open over 100. it may climb to 100 intraday but a 6% drop on es won't cause vix to spike 50%.