$SVXY #ShortPuts – switched a short put position from in-the-money to out-of-the-money

Bought to Close SVXY Mar 18 2016 45.0 Puts @ 2.40 (originally sold at 3.60 last August)
Sold to Open SVXY Mar 18 2016 40.0 Puts @ 0.40 (twice the number of contracts)

This position now allows for the overdue market pullback.