The VIX is now over $20, a level not seen since 2003.
I have sold some of my SPY Puts just as a function of their gains; I
still have a decent slug of the Septembers (wish I bought more).
put a toe in the water buying with some Qs (long), but readers are warned my timing
was awful last time out.
NOTE: Long SPY Puts, VIX calls, QQQQs