Robert Morse
Sponsor
ES Futures margin is only 6930/Future. I assume long Future and long put is less than $6930 plus the value of the put but it takes me too long to model that on the CME SPAN calculator.
The notional value of the ES future is the price*$50. E.G. $2990*$50=$149,500
The notional value of the ES future is the price*$50. E.G. $2990*$50=$149,500