Two Ways to Profit from Too Much Fear
In both cases, you are capitalizing off of excess volatility by immediately adding a couple of percentages points of gain to your holdings that is icing on the cake.
How to Trade Volatility and Make Money with Limited Risk
The only way to make money with volatility ETFs is to bet against them using options. By using options, you can be an anti-fragile and convex investor, which is the most successful type of investor.