Good chance Matt. VIX is higher than December, VIX/VXV flashing warning, back month VIX futures contracts at lowest levels since 2007, perfect set up for a spot vol spike into the 17s (or frankly all the way to 20). Which means it prob won't happen.
Trying to plan the exits on the 23/15 VIX bear put spread. The original plan was to buy back 1/2 at 5.95 so I'd have almost nothing into the trade (sold several lots from 6.85-6.98). May sell VXX call spreads in the low 30s for a hedge this week and see where we go. VIF now 80bps over the Dec futures.