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Jack, Thanks for your response. Lets say what I quoted above is the case. What happens if this trade is held over night. How does the over night margin rate effect it?

Is it possible to owe more than the cash value of your account? If so, could someone please proved a scenario. I know you can pay the amount of the margin call to have your account released from call status. Or, you can liquidate your positions. If you choose to liquidate your...