VIX Slumps to Lowest Level Since 2007

Wow: VIX Slumps to Lowest Level Since 2007. Which means... there's never been a better time to buy volatility!

Seriously, I think it makes sense to have a fair amount of assets in put premium right now. Although, owning TLT calls works just as well. (Unless you think that Treasuries won't benefit from a flight to safety anymore.)