Volatility surge: too much of a good thing for traders

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IPATH S&P 500 VIX SHORT-TERM FUTURES ETN DUE 1/30/2019 (NYSE: VXX) Delayed: 18.60 +0.30 (1.64%)
Previous Close $18.30    52 Week High $40.93 
Open $18.73    52 Week Low $9.30 
Day High $18.91    P/E N/A 
Day Low $18.52    EPS $0.00 
Volume 5,738,580