### Comment:
I honestly thought I should have done a farther out date than 12/27 when I opened it yesterday, but I made the mistake of opening it too early yesterday and not far out enough. Had I been in at 320 as opposed to 325 short strike, I think I could have weathered it. But hang in there, I think the ugliest is behind us. It just shook me out of the position by the massive volatility this morning.

### REPLY:
Yeah, would be better to look around 30-45sh DTE if not playing some YOLO earning plays to dampen the price volatility (gamma) and let the theta income smooth the numbers.  Did you buy to close your self or margin call(would not be possible with defined risk), what was your theoretical max loss (how big was your position) ?

### END.