I'm long NKLA puts $45 Aug21. The maintenance margin requirement is 3 times the value of the puts. WTF?
I'm assuming IB since he is posting in their forum.Broker?
I'm long NKLA puts $45 Aug21. The maintenance margin requirement is 3 times the value of the puts. WTF?
Then the margin is in relation to the short calls not the long puts.No. I'm also short some calls.
No. I'm also short some calls.
What is it showing for your short calls?When you right click a position and show margin requirement, it shows how much your maintenance margin goes down if you liquidate that position, without touching any related positions. That's the number that's 3x the value of the puts. It should only be 1x, like every other broker in the known universe, unless they think I'm gonna hold it to expiration and take a big swing over the weekend after I get assigned.