Simplify Volatility Premium ETF (SVOL) has a 17% yield. Here’s how it works: "The investment seeks daily investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index (the index) for a single day, not for any other period. In pursuing its investment objective, the fund primarily purchases call options on VIX futures. The fund holds cash, cash-like instruments, or high-quality fixed income securities (collectively, Collateral)." (E*TRADE) What is the VIX? The VIX volatility index measures the amount of fear or put buying in the marketplace. When the VIX (fear) is high, time to buy (stocks). When the VIX is low, time to go (sell stocks). You buy stocks when everyone is scared, not greedy! The VIX at 30-40 means everyone is scared. How to Play This Fund: Simply buy SVOL when the VIX spikes to $30. SVOL's NAV will erode on VIX spikes, so again, buy AFTER the spikes to $30 on the VIX. Hedge with VIXM if you are nervous about SVOL and need protection against VIX spikes! I simply buy smaller position sizes of SVOL until that event occurs. So, I will add more to shares after the VIX spike to $30