Watching the $VIX like a hawk before I open this spread on $SPY. Jan 17 expires. Buy 305 put, sell 295 put, buy 330 call. Max loss $170. Gain $832 if we pull back. Unlimited upside if the muppets go full retard. Almost a coin flip of profitablity. And this is with zero volitlity...any spike and you're instantly green.