Found MPEX's owner in #bitcoin-assets who offered me a great deal (In my opinion) on a 3 month put option on the price of BTC tied to Bitfinex last ask price.
Strike price of $215 USD
Fee of $7.50 USD in BTC per BTC optioned.
Time for you all to lose your pants, socks, sweaters and all in BTC and for me to make THOUSANDS!
There is only two cases where someone would sell this put for only $7.50(32% of implied volatility):
1. He is completely clueless.
or
2. He's never intended to pay it back in the case he loses money.