### Comment:
Because when you have lost 2000$ on a call, losing another 50 doesn’t matter. Holding on to Jun 225$ calls that I bought for 2000 each that are worth 20$ right now.

### REPLY:
Why does it not matter? If someone offered you $50 would you decline it? Marginal utility of money to a person shouldnt depend on the source of said money. At any rate, sitting through a 99% decline in value is also extreme.

### END.