Options trading research: what happens when you double down after a loss to try to claw it back? Julia Spina tested it with 16 delta SPY strangles at 45 DTE over five years of daily entries. The fixed 5% and 10% allocations both grew the account. Doubling down after a loss completely wiped it out. The killer stat: when you double your size after a loss, you have a 90% chance of doubling that loss because of volatility clustering. Losses bunch together just like volatility. The deeper the revenge, the worse it gets. Mike Butler adds that doubling your size synthetically creates the loss equivalent of a black swan event from a much smaller market move. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Revenge trading: when emotions drive your sizing 00:56 The setup: 16 delta SPY str...