Trading the S&P/DJIA spread

Looking to SELL again at 30-32. Surprisingly good movement in the spread during this holiday period.

I will continue to post here for the time being, while I find a messaging service that allows me to message to all members of a group at a time (any ideas?).

Best wishes to everyone for a healthy and prosperous new year!
 
I trade through IB and have a margin question related ES/YM spread trading.

What total margin will be in case of such a spread?
As far as I could understand from helpdesk explanations high correlation of the ES and YM dose not count and total spread margin will be a sum of both products margin. Is that right?

If yes, then, according current ES and YM IB margins it means to open one spread position intraday I need 3131 usd and if I decide to keep it overnight 4850.

Are my calculation and information from helpdesk right?


Tnx in advance,
Gost
 
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