Options trading journal- question

[earth_imperator]

There's a Portfolio Margin FAQ by FINRA: https://www.finra.org/rules-guidance/key-topics/portfolio-margin/faq

 

[traider]

Each product group has a different shock. Equities are +/-15%. -5 and +5 are 15% moves with each interval being 3%. The OCC margin requirement for all your XOM positions, options and stock, shocked this way, determines the OCC requirement. In most cases, the up and down extremes are the max loss, but sometimes it can be in the middle when you are long a lot of way out of the money wings.

Is a really volatile stock also shocked 15% as the index? Some stocks see 15% move daily
Are they treated the same way?

 

[Robert Morse]

For the OCC requirement, yes. But the OCC requires member firms to have higher house requirements for volatile and less liquid symbols. Also, some stocks are not marginable.

Is a really volatile stock also shocked 15% as the index? Some stocks see 15% move daily
Are they treated the same way?