Its hard to say. If we had sold off deeper I might have reversed from puts to calls to catch a decent bounce. But we didn't and neither have we retraced back up enough to count as a completed retracement so I can add to my put count.
Either this sideways move is a pause in the sell off to resume soon, or basing to move higher and complete a legit retracement of the selling. (Or one of another hundred possibilities.) So I am sitting tight with the puts I have and waiting for a clearer picture. The one thing I do not expect is a turn and rally to new all time highs.