Let me use a numeric example
Lets say you have sold Calls and Puts of SP 26, Puts of 27 and Calls of 25
The individual requirement are
Calls 26 = $20,000
Puts 26 = $10,000
Puts 25 = $20,000
Puts 27 = $20,000
So the total requirement from Puts is $50,000 and the total requirement...