### Comment:
You're missing the key part. Selling strangles wasn't the problem. The number of contracts was the problem. Size kills in the theta gang. This fucker missed that lesson.

### REPLY:
What do you mean by size kills in the theta gang...in this case specifically 
  
 (I mean I get what having too large of a position in options can do, not sure what theta specifically has to do with it.)

### END.