Q: Last week , with the prospect of a correction and growing speculation (esp. in pot and crypto), I sold many equities to lock in profits (retaining a few gold names) and bought some HVU (double volatility index) as a bit of insurance. It paid off handsomely, with a 68% spike yesterday alone. Looking at the long term chart of HVU, volume is unprecedented and it looks like the period of reverse volatility ran long and deep. I know none of us can predict the future, but does it make sense to hang on to HVU as insurance for awhile in the face of what could be a stormy period in the global markets (even without a geo-political catalyst!).

Q: what is the best and most liquid way to play the vix in canada and in canadian funds.dave

Q: I'm looking at these two ETFs for the short term, as they are near a 52 week low and have fairly good liquidity. Which one would you recommend the most, or would have a better suggestion ? Thanks