Thanks Robert, I get what you are saying about ETNs (though I'm not sure I agree with the process).
I put on a bull call spread on a volatile stock and also get a funny result. Max loss $3.6k total margin $20k +
Here's an example of a strangle I tried to put on.
the maximum loss is about $54k, but the margin is coming out at GBP (my base ccy) 142k which is about $177k
Any thoughts?
Thanks.
Hi there, I'm currently with Interactive Brokers and I want to open some iron condor option trades.
However the margin IB want is massively in excess of the max loss possible on the trade. They are charging margin as if only one half of the option strategy is placed, e.g. the Put spread.
Does...