### Comment:
Except 'a couple seconds' is 'anywhere from one to to three years' so it's hardly actionable.

### REPLY:
'anywhere from one to to three years' 
  
 More like 6–12 months, and if you look at the actual sell-offs its pretty actionable.  First the curve has to uninvert, and then there is usually only a few months until longer dated puts will be profitable for like half a year or so.  That is pretty actionable and about as predictable as one can hope for in the market.

### END.