I would like to suggest accummulating short ticker XIV from 87-88 all the way to 90' if it gets there, you will be rewarded by mid to end summer with some nice gains. Rational behind it is that volatility index and vix futures have been way too low specially from January 2017 and I believe the SP will correct between 5 and 10% in coming 3 months. Make sure when you build your position you don't over short to make some room for potential upside before the big drop. I'm not suggesting SP will crash but a correction is imminent and even a small correction will send XIV plummeting as the vix and vix futures are too low. As for Greg nice post as usual. Keep up the good work.