JNK, the junk bond ETF. In the crash, it fell from 48 to 28 in a month. It's been rebounding with the rising market and lower rates, but has barely moved in the past 6 months. Except... that it's crawling along in a little rising wedge that's about to play out.
I don't know anything about this particular ETF. But, it's trading at 40.85, a measly buck from where it crashed. Since I expect a big selloff, a credit crunch and rising interest rates -- not necessarily in that order -- this could be a decent way to participate. The June 39 puts are trading for .10, Sept for a little more.