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  1. T

    Interactive Brokers would not allow me to exercise

    IB staff said that reg T margin requirements have to be met every night once the position is established, not just the first night...
  2. T

    Interactive Brokers would not allow me to exercise

    Thanks Johnnyc, so just to make sure I understand properly (because this is not really what I heard from IB staff), you say that Reg T "End of Day" will never need to be met again after the first night the position is established?
  3. T

    Interactive Brokers would not allow me to exercise

    Thanks johnnyc, When you say that once the position is established, we have to keep the ITM + 10% * strike afterwards, do you mean that there is no overnight Reg T margin requirement (= initial margin requirement) for this kind of trade (which is of course much higher than the ITM + 10% *...
  4. T

    Interactive Brokers would not allow me to exercise

    Thanks Robert, By the way, do you know what kind of margin IB would apply for reverse conversions? I checked here: http://www.interactivebrokers.com/en/p.php?f=margin But it seems hard to believe that, under a Reg T account, the margin should be everyday: In the Money Put Amount +...
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    Interactive Brokers would not allow me to exercise

    I just talked to someone at the OIC, who said that on expiration Friday no one can exercise after 4:30 PM CST. For early exercise, the technical limit is 6:30 PM CST (7:00 PM at latest) at the OCC, but the clearing members must abide by the exchange rules, for example in the case of...
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    Interactive Brokers would not allow me to exercise

    Just to add that IB is an OCC clearing member: http://www.optionsclearing.com/membership/member-information/.
  7. T

    Interactive Brokers would not allow me to exercise

    Hello world, I stumbled across the same question, so I did some digging to find out the Truth. First, most exchanges have a cut-off time at 4:30 PM Cental time, for receiving exercise notice, according to: http://www.888options.com/help/faq/exercise.jsp?prt=nyse But the OCC itself has a...
  8. T

    Do you know a broker that can offer a price for American knock-in calls on VIX?

    Do you know a broker that can offer a price for American knock-in calls on VIX (OTC)? Ideally I would be looking for a long term maturity (up to 1 year), and spot or front month future as the underlying. I look forward to hearing from you!
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