Shorting the VIX again, really?

[tsptalk]

Short-Volatility Complex Returns, Defying Wall Street Alarm

Here's one to file under the market's memory-loss.

Hedge funds hold the most number of short positions on the Cboe Volatility Index since late January — before the record spike in the gauge that wiped out over $5 trillion in global stocks and jolted investors from their complacent slumber.

https://www.investors.com/research/...ty-complex-returns-defying-wall-street-alarm/

 

[James48843]

Well, VIX hit 35 for a moment today. I am thinking I may be near a quick gamble to short the VIX if it pops up again. In two weeks, it could be settled turf.

What do you think?
Worth the gamble?
Or too risky to consider?
How about a small position as a hedge?