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    Selling covered calls - Margin required for no reason

    Thanks for all the input. What broker should I go to then so I can avoid the bs that Options House has pulled on me? Options House does not state anywhere in the open about needing margin to sell spreads or especially to short calls and puts. As soon as I open the account thinking I can do so...
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    Selling covered calls - Margin required for no reason

    Thats the thing... they won't let me get any margin even though my account can cover the loss's I've dicussed with them. $1 or $10 they won't let me have it either way. It's a joke if you ask me. If that's the inconvenience of American based brokers I guess I'll just stick with my offshore...
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    Selling covered calls - Margin required for no reason

    Options House's platform allows you to add legs to the final order submission and recognizes the type of order your placing (spread, covered, naked etc.) so there is no issue with the how I'm placing it. I contacted support directly and they told me I'm not allowed to have a margin account...
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    Selling covered calls - Margin required for no reason

    Thanks for the input and sorry about the terminology. Why does this strategy require margin if I do not need it though. Is this just a rule that has no real solid backing? The only reason I ask is because my max loss doesn't even come near my account's overall value so realistically I do...
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    Selling covered calls - Margin required for no reason

    I am not aware if this type of issue below applies to all brokers who offer Options but if so I'de love to know. I Established an account with Options House and when attempting to sell a COVERED call it tells me that I cannot do so without a margin account. Firstly I did not need margin for...
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