Buy GLD, TLT (sell puts)

Buy GLD via selling Sep 143 puts with GLD@160.7
Buy TLT via selling Sep 92 puts with TLT@100.9

These moves can be characterized as a rebalancing, to add more delta in bonds and gold. My delta for stocks is increasing as the market declines. The closest short puts in danger are IWM Aug 75 puts, with IWM now at 77.7. My current thinking is to roll those puts down and out if they come into the money.

Long GLD, IWM, SPY, TLT