Subject: Re: OT: Predictions from US/Israel bombing of Iran
Jim said: "No matter what the price is, I suspect disaster insurance is underpriced. I might look for an opportunity to allocate 1%, maybe 1.5% of my portfolio to such things"

Curious, if you buy S&P 500 puts, how far out and how far OT? Would buying farther out VIX futures be a good alternative?