FYI - entered a VXX trade this morning.  Bought the May $15 Put for $1.16.  I sold it around noon EST at $1.45.  Recouped most of my loss on my long VXX trade that went south last week.

I'm out now but looking for another entry.  The indices are on fire and heading north.  Bernake has not ruled out QE3.  I'd like to take advatage of these overnight VXX drops.  VXX usually sells of EOD and my prove to be a good entry for the fall overnight.