...after the bounce

SPY has a good chance of climbing back to its "double bottom" levels of 126 (former support) as the oversold conditions get worked off. And if (when) it does, I would seriously consider taking the opportunity to lineup your next round of shorts. Follow the market's lead - look for individual stocks that have also recently broken support and are climbing their way back to the underside of a pre-existing support/trend line, then pick up some puts.
Below are some future suggestions - you will notice that currently NONE of them are at a low-risk entry point, so be patient.
FDX
GS
FXI
BIDU

My favorite is FDX. Short it when it gets back to low 80s. Energy stocks continue to get whacked - stay away from them, that goes for coal, steel, and ag stocks too. They are all technically broken. There will likely be a good time to get back in but it's not now. Consider picking up some calls on these; however, once the market hits overhead resistance (to remain delta neutral).