The all time high on the VIX was reached on October 24, 2008 at 89.53. If you still have firepower and the risk tolerance equity vol is a sweet sell if you can get size bids. It will be bumpy but the theta at these levels will compensate.
Trade active
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Stay short - trade in the money
Trade active
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Stay short - closeout mid 30s
Trade active
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Time to take some money off the table sub 40 - aim to reduce risk by 75% or more near 35. Trade more than 40 vol points in the money !
Trade closed: target reached
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Close to a reversal points - time to close this super profitable trade. Implied correlation (still high) makes this an easier decision.