Discussion in 'General Discussion' started by Avi, Jun 8, 2015.

  1. Avi

    Avi Member

    I recently was trying to place a diagonal reverse calendar on SPX. For 10 contracts 1960 Put (Short) August Expiration and 1975 July( long) expiration, TOS platform online indicated $296K in margin requirements!!. I spoke to TOS and I was told that they charge 20% as the margin for naked options. I recall SPAN margin requirements was something like 10K for the same. Any thoughts or ideas? Appreciate the inputs from the members.
  2. optionsdoctor

    optionsdoctor New Member

    That is the correct margin in a Reg T account. Reverse calendar margin assumes you will not close the short contracts when the longs expire; that is not negotiable. Reverse calendars can only practically be done in a PM account which is similar to SPAN.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice