Powell and other Fed members personally have millions in the market. Wait until the market drops 5 pct and they start s**ting in their pants - time for more QE.
If I sell a naked put on SPY 200, the margin requirement is about 10% or $2000. But if I sell a bull put spread on SPY 200/150, the margin requirement is roughly the difference between the 2 strike prices or close to $5000. It makes no sense that the put spread has a much higher margin...
I wanted to sell cash secured puts in an IRA account. Do you know of any brokerages that allow using t-bills as collateral for the cash secured puts. Most brokerages pay pathetic interest rates on cash balances.