Some of our subscribers are feeling particularly "grateful" this week.
After opening at $11.54 on Wednesday, the VIX got as high as $17.99 on Tuesday.
In the clip above, McCullough explains to subscribers his reasoning for getting long Volatility and also ways to express that view in ETF space.
"This is new. You should hear this," said McCullough. "I am going to start buying Volatility. There are a lot of different ways you can do it. You can get paid in a hurry on Volatility if the VIX just goes to 14."