broken wing butterfly in IRA

Discussion in 'General Discussion' started by Elli, Apr 4, 2017.

  1. Elli

    Elli Active Member

    I would like to trade a broken wing butterfly in an IB IRA. Would the margins be any different from those in my regular account?
     
  2. stevegee58

    stevegee58 Well-Known Member

    I trade BWBs in my IB IRA. The margin requirements are the same.
    Keep in mind that to trade anything other than long-only positions in an IRA it needs to be an IRA margin account.
     
  3. Elli

    Elli Active Member

    Thanks
     
  4. Bryan Doyle

    Bryan Doyle Well-Known Member

    So you are not getting charged 3x margin in an IRA? I have been considering moving some IRA money to IB to trade road trip style trades.
     
  5. Hans H

    Hans H Member

    Bryan, the 3x margin at IB is for futures options in an IRA (so 3x the regular SPAN margin).
     
  6. stevegee58

    stevegee58 Well-Known Member

    I should have been more specific I'm trading SPX, not ES in my IRA
     

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