Quote from optionbull:
Would it make sense here to look at the shape of the curve with respect to vol?
Buy a vol. position a bit further out?
the idea would be to find a macro event coming up.. like debt ceiling.. or something idk.. that you could buy premium in that month.. say march... and sell feb premium.. its like when you can potientially see demand for protecting increasing you buy it and sell the where there isn't demand.. relative value....