There is no real news today, just hype of fear. VXX will tank any minute from now.
I don't think it will drop today. Next week though seems like a good bet. As long as Russia doesn't nuke Ukraine this weekend, I would expect a VXX decline next week especially with expiration.
The tiny dip on SPY is a trap.
Shorting VXX is the trade for today. Be greedy when others are fearful.