AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Bought July $45 put for $11, my break even point is $34

I don't think we are going to default on debt, even if that happens, it will be a very short of period of time.

Let's see.
Just closed the position at $16.20, about 2 weeks.

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