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Showing content with the highest reputation on 07/06/17 in all areas

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Regarding this question: "Is it $100K per short call ( ex 10 short calls = $1 million)?" To be clear that is not the policy. A $100,000 minimum account value is required to be granted the option approval level to write naked calls. Once approved (and the balance is kept above $100,000) the Reg-T rules are utilized to determine the margin requirements.
- July 6, 2017
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