How to Manage an Option Doubled

How do you manage that position at that point? Are you scaling out a little bit or you're going to hold it and try to let it run? It's a great question. And my rules for myself trading are if I lost money on that trade, so I paid roughly a dollar for these calls, $1.10 I think for these calls. Some of our subscribers did, but I didn't. So what I would do is I would cut my loss on 50%. That way I'm disciplining myself on profits, not just on losses.