### Comment:
futures is down. We're at an all time high so big money wouldn't feel comfortable leaving money on the table. I don't think housing data would be a rallying cry for bulls (just a hunch).  VIX is rising on Iran news. 
  
 I would wait for it to spike and try to time at the top and buy puts on it.

### REPLY:
Do not buy puts on volatility.. they price it in so it just swings up a tiny bit and your puts lose value and tehey keep it doing that till you close or expire worthless.. 
  
 So the trade on volatility is to wait for UVXY to spike up 4% or higher and then consider selling call spreads as then you just need volatility to stay where it is or go down a little and your call spreads expire worthless..

### END.