I personally would like it if you did option 1, please do that, so when you're in stuck in the $500 range waiting for the "price crash" that never happens, you will keep sending more and more in the vain hope you will get to close the short in profit.    

2 points;

1. It's going to rally sooner or later this month, and sub $380 will be as extinct as a magicMexican dinosaur, leaving you up shit creek without a paddle.
2. & If you have so much in reserve, why are you begging for BTC in your signature?