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better than putting your life in one guy who might have an agenda with your fate.

that’s what I meant. Same shock but different values because of gamma unlike reg t where margin is based on moneyness.

When they shock a 1y call isn’t the margin lower than when they shock a 1 month call?

portfolio margin is different in that a long dated call is treated differently than a short dated one. a spread is a spread until it’s not. Then the margin changes.

a proper broker runs your margin against your aggregate position regardless how it’s executed. If the position changes, the margin changes. The occ has a whole list of how Martin is calculated for various option spreads. here is the rules based margin for interactive brokers...

It looks like sheman has replied to my post with some rant about ethics or something. And accuses me of supporting unethical behavior. This is the same person who lies on a forum, gets caught and can’t admit to it. She belongs on the sellside.

If the maturities are the same then the spread is the margin unless the broker has some different rule.

I don't even see what was not disclosed. They said it was a T+0 swap. Only thing is that customers couldn't figure out what the settlement was likely to be and they could. But i think sophisticated customers could and did.

Influential doesn’t mean good.

Training fees….. that tells you everything about this firm.

yea. But I’m sure it’s 2-3 levels deeper now.

by earning money trading the index rebalancing.

Trump is a great man who will eventually overthrow the installed president. We just need more republicans to stop being pussys and grab their ar15s and start storming government buildings like during the good ol’ days of the China virus.

She sucks less dick than pence did.

There was an article that Millennium's most profitable pod is their index rebalancing group.

27.5 of those guys left ET. (I’m counting mw (not the she-man) as 1/2 person)

No. But @kmiklas can explain.

1. a lower strike put will reduce your risk. But it comes at a greater cost statistically (since you are paying the skew). But really, your biggest issue is that you will now have to trade more size to make the same amount of money so your risk/reward profile will change. You have to make that...

yes. because the option price can gap and your stop is really a conditional limit order (if price = x, then i pay x+y to exit)

If the market sells off 10percent, your short puts will be worth 10x. Your stop won’t get executed and you have no idea if the market will sell off another 10percent or rally back