Do you mean you've bought puts for one or more major "indexes" ("indices" while correct just didn't look right), with expiry in, say, late Dec?
Have you thought about buying options on the VIX or similar?
Yep - though dates are further out - bought Puts on QQQ dated March ‘22, 3x puts on SPY via SPXS calls and SPXL puts dated Jan ‘22, and direct SPY and QQQ puts dated June ‘22. Larger positions on these.
Minor position puts in US Steel (X), Starbucks, Pfizer, Blackrock, and Crowdstrike. Those are all dated January.
Haven’t done VIX....Made a lot of money buying SPY calls last year when the market tanked and rightly predicted a pretty rapid rebound. Only thing I’m concerned about with my puts is timing....it’s going to happen just a matter of when.
On the move - news out of Israel regarding shots in youth...