Volatility S&P 500 Index
Short

Sell VIX around 22

53
if the market sell off continue, VIX could continue to spike up but up to a certain point.

markets ought to recover and volatility to taper off once the virus episode blows over.

rather than go long the market which could still be choppy, a way to go long is to short VIX.

based on regression analysis, VIX is likely not go beyond 22

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