Heil Harvesting, Ulysses KS/Limon CO | That depends some on what you are trading.
For short options generally having some is a good policy but in actuality on a hedge requirement is very little. It is either an in house policy or he does not want to deal with making margin calls...
Been in the business. I am guessing it is the latter.
You should have access to a large percentage of the capital. That is not to say that you will not pay it all back in as time goes on and you are actually on margin for that amount. I always worked with my guys; if they were borrowing money for margin with a line of credit, or needed the capital for something else, I sent wires in and out all the time. It is a pain for the broker but I always had the theory my customer should not be paying interest on money he had... |
Margin money to cover an option. How much?
