short margin requirements from eoptions -anyone used them?

D

darwin666

they seem to be cheapest than even IB for bulk trades

anyone has experience using them

http://www.eoption.com/margin_accts.html


MARGINABLE OPTION TRANSACTIONS
Option TypeInitial RequirementMaintenance Requirement
Naked Puts20% of current market value minus out-of-money amount or 10% of strike, whichever is greater times the multiplier times the quantity20% of current market value minus out-of-money amount or 10% of strike, whichever is greater times the multiplier times the quantity plus the market value of the option


i have Portfolio margin in Interactive brokers
and I can hypothetically sell 1 naked PUT for


180 strike this dec month for 1250
190 Strike 1500
200 strike 1700


so as per them.
lets say 180 strike. 1 put is 18000. 20% of curr value. it is 3600 $.-(2000 or 1800) ie. 1600.


is my calculation correct?
 
They clear Apex. House rules for APEX PM accounts shock an equity portfolio 25%, loss much be less than your assets. Index options 25% no more than 2X your assets and 50% no more than 4X your assets. I can't tell you if IB is better than Apex, because IB does not tell you their house rules.


1245
 
1245 said:
They clear Apex. House rules for APEX PM accounts shock an equity portfolio 25%, loss much be less than your assets. Index options 25% no more than 2X your assets and 50% no more than 4X your assets. I can't tell you if IB is better than Apex, because IB does not tell you their house rules.


1245
More...


thanks... i think IB. is a bit lesser ..but they are charging us.. Exposure fees....
 
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