Reg T Calculation for Complex Portfolio

Quote from jr07:

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 of Calls is $20,000. So if the calculations are based on the overall positions, the requirement would be $50,000 (the greater)

But if you analyze 26SP on its own, you would use $20,000 as the requirement (from the calls, the greater). Continuing SP by SP, you have $40,000 requirement from SP 25 and 27. So is the total requirement 60,000$??

J
More...

To be able to answer this I'd need to know the number of calls & puts sold, the current market price of the options, and the price of the underlying. Going back to the positions you listed in your first question on this thread you'd have requirements of this:

Naked put -40 NVDA 21 puts req = 20,896 (522.40 each)
Naked put -20 NVDA 22.5 puts req = 12,488 (624.40 each)
Short strangle -10 NVDA 24 puts + -10 NVDA 22.5 calls
req= 7,874 (7,504 from puts + 370 mkt price from calls)

I paired the calls with the 24 puts because they carried the highest requirement of all the positions (750.40 each) but the calls really could have been paired with 10 of any of the puts you listed because the calls carry the lowest naked requirement of all the positions listed (279.40 each) and as part of a strangle or straddle the market price of $370 would be added on to the naked put requirement. You'd have a total of 41,258 in requirements for these positions.

Hope that helps
 
Quote from jr07:

What is the name of the software you use for the calculations?
thanks
J
More...

Prime Options Calculator

I think their just about to release V 3.5 and are looking fo Beta testers.
 
Never found the Prime Options Calculator online...

Thinkor swim is limited to a certain amount of capital

OptionsLab wasnt very helpful

I think Ive succesfully modeled it into excel, but for complex positions would like to have a place to compare...

p.s. what are the requirements like for ADRs and ETFs? Specially leveraged ones?
J
 
Quote from jr07:

Never found the Prime Options Calculator online...


J
More...

I've confirmed that they are coming out with a new version and will release the beta version soon.

the email is support @primetradersware.com
 
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