What is the best way to play the VIX ? I bought some ETFs (UVXY, VIXY) few weeks ago when VIX was at 14, and now the ETFs are back to original value when I bought them and VIX is at 17/18... I knew these etfs were bad to keep too much time, but that bad ? ) Any others "not too complex" ways to play the VIX ? Have a great day )
If you bought UVXY yesterday or before. You are down over 25%. Get out. Use VIX (Futures) or just Buy/Short SPY (calls or puts if options)