I would sell.
I am shorting heavy at spot VIX of 20. Let the spot be your guide. I do not think a VIX of around 18 is when you want to buy this thing but at least conflango isn't as bad here.
I will......over 21 tho.....this thing is going higher today with market in RED
Sentiment: Strong Buy
VXX keeps inching higher , what the h311 is going on here?