As a sidenote: This morning in one of my spews I mentioned how the VIX derivatives are always priced for "suckas" so I figgered I'd test that theory by checking the VIX call options for 9/6 expiry (VIX options contracts expire on Weds) and sho nuff sho nuff it is a MUCH better bet to trade teh VIX contracts. A similar typre trade to VIX $13 only costs 1.10 bid with a low of $1 asked as an actual trade. That means it is "likely" they can be bought below $1 when the trade sets up "properly." You guys in? Upvote this spew to $5 before 2PM and I will post the VIX trade too...cheap bass turds. :-)