I wrote the first article on the VIX options back in 2006. It is amazing to me that we have come so far in the volatility space and yet there are still so many out there that really have no idea what they are getting when they buy something like the $VXX. I take it as my personal mission to change that…
http://www.investopedia.com/articles/optioninvestor/06/newvix.asp
iVol Trading 