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Showing content with the highest reputation on 09/17/15 in all areas
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@Ordos First they alert you in advance in the platform that your margin is getting lower. If it gets under, you have like 10 min to close positions yourself, otherwise it will automatically liquidate positions until margin requirements are met. You cant call and beg or do anything else, it is an automatic process. Which positions are liquidated is in their hands, unless you specify in the platform which positions you want to liquidate last.1 point
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IB, at least in the US, gives you 10 minutes to get it taken care of after the market opens. You can either exercise your long options against the stock position (and lose the time value), or close the stock position that you were assigned, and possibly sell the long options as well. This happened to me a few weeks ago when I was assigned early on the short leg of a calendar with deep ITM options.1 point
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