### Comment:
if a recession hits and the price increases from mid $20 range to where it was during last recession, seems the option value will still increase dramatically even with the decay factored in 
  
 Edit - I need more sleep didn’t factor in the reverse splits, thanks. still believe the volatility will make this trade profitable but that’s the bear in me

### REPLY:
The reason it shows previous per share was 12K was because vix has done atleast 10 reverse splits. If Vix ever hit 12K the Dow would be -20K.

### END.