After all of my market speculation I came to a conclusion. BUY VIX PUTS. Reason being, I believe that once they announce the passage of the increased debt ceiling, the market will rally big. FYI: they are supposed to release the decision on or before July 22nd. The VIX will be standing their absolutely shell shocked, and it will drop, lower and lower and lower. I bought the August 17' 11 - $15 Puts. I don't call the VIX the fear index, but rather the fearless index. You can call me stupid all you want, but I encourage everyone to embrace their ignorant comments until we see what happens. All knowledgeable comments are more than welcome!