Be patient

1. I was too early to sell SRS put. Got assigned. But I sold SRS 70 put when it's 85 in Dec. It's far better than buy SRS at 85.
2. I was too early to get into DXD.
3. Now, I think the market is determined to push higher into Obama's inauguration.
4. Then, we'll have a sell off.
5. So it's wise to be patient to add at better price, better use OTM puts.
6. It's great I bought POT and MEE, and sold covered calls against these, I also sold POT and MOS OTM puts, all are at great profits. These balanced my error in entering short ETFs too early.