Option selling much loss negative position what to do.
You have to do nothing till option is out of money.
when option is out of money you will not loose more than 150 points .
so if option expires out of money than your recovery done automatically.
and you will collect premium amount also.
and now what to do if option is in the money than you square off your position at the money accepting loss.
never try to recover loss quickly.
if you overtrade you have to pay more brokerage and tax it may possible you again go wrong and stop loss hits and you loose more.
so exit your position and make next position next nay or market big move stops.