Ouch!

Market indecisiveness will kill a strangle, and today was a very good example of that. It was especially bad the last few days because we're switching from a very volatile downward movement, to a lateral movement. The markets were up pretty big today at the very end, but most of the stocks I'm in right now were pretty flat. Two of the three strangles lost money on both sides of the trade, killing my account values. This a good example of why you buy plenty of time. All three strangles are currently down 30-40% overall. The temptation is to bail, but I know sticking to the plan will pay off eventually 9 out of 10 times. I'm just going to have to wait for these stocks to pick a direction and stick to it for a few days.

As a reminder here are the current trades I am in:
AMZN Jan 40P/65C - down 30.49%
FDX Jan 60P/80C - down 36.75%
SLB - Jan 55P/65C (2 contracts) - down 38.89%