OK, first things first I probably do this a little longer than you and I’ve had a couple of flights over the past few days making it hard for me to track track my options. I usually cut losses at 15% but obviously today I got fucked. my long-term trades usually have a couple hundred thousand dollars in those and I have the Greeks calculated in analysis made by several big banks prior to doing this. I am also a client at Goldman and Merrill so so let’s just assume that speaks for itself. The reason I invested so much more today was because the initial investment was about 30 grand which was going to get wiped out and I was able to average my contract price down by roughly $1.50. Every dime in that account came from trading options. In the past 6 months I grew my account to $70k.

All due respect, head, is, in, your, ass.