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Posted

I tried to to buy 1 Apr SPX 1300 put and getting an error message that I have insufficient margin. The message indicates that the margin will increase by 53,985 (see attached image).

IB margin.PNG 

I opened a ticket with IB. Their response was:

upload_2018-2-14_11-13-39.png 

upload_2018-2-14_11-14-8.png 

upload_2018-2-14_11-14-37.png 

I couldn't believe this, but the fact remains.

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