With the market tanking and FEAR running wild, the only safe place is cash, but if you are made of sterner stuff, you might consider the VIX etf. There are two and I've been cashing in on the 2x ultra short term VIX etf with symbol UVXY.
This week I made over 200% and will continue to add more to my position until the market decides to return to normalcy. VIX provides an inverse relationship to the SPY in terms of volatility.
Harvesting Options for the Future
