### Comment:
Volume is really low and the Open Interest isnt there for the most part. Unless you're only buying like 10 or something you'll be hard pressed trying to find a seller. 
  
 I'd recommend with SVXY and friends just to buy the actual ETF, use VIX to open puts and calls as the volume is much higher and you get the benefits of futures taxing which is 60% long term / 40% short term tax regardless of time held.

### REPLY:
Ya no i definantly agree. just was amazed to see how low the price is. avolume was ~1000 So ya 40-50 contracts migiht not be that hard to close but just a small hedge against this market is good. Sometimes i like playing the cheaper route even if the Open interest isn’t there. The direct Vix and i haven’t gotten along since beginning of february so i’m taking a break and looking into etf’s if I play it.

### END.