Agreed. Then you have n00bs wondering why they are giving back the morning sessions profits when they trade through lunch?!?!
Expensive options are expensive for a reason. Math doesn't do shit for you in situations like March 17th. (Yes, BSC) Just simply happy to still be in the game.
Don't make trading harder and more demanding than it is, the most straight forward and easiest techniques are the best. If you need to be intelligent to apply your techniques, you will probably lose money.
A) In the short & intermediate terms, trading is NOT investing. B) You are often competing against people (e.g. the specialist) who are trained warriors.