Let Me Give You Guys a Hint ...Next Friday will be the monthly rollover of the futures vix contracts. If the market doesn't crash soon, there will be some serious erosion after next weekend. The VIX would reset higher Monday and HVU stay the same price and fall more as the VIX drops from a higher rollover start price. Erosion happens daily as we all saw the past few days with bad tracking with the VIX. But most of the erosion is the weekend of vix contract rollover. So Disclosure boys... I bought at $5.03 and sold at $5.02 after the pop on Wednesday (did better than your $4.92 sell Mr. Mayor Ford ;) This is a gamble I'm taking that the S&P 500 will attempt one more leg up next week. If not, I will miss the boat. Will buy back end of the month.