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For all the people who sell naked ES options. What broker do you use ?
I have been using ToS/TD for the last 12 years. The margin requirements used to be much lower and have gone up dramatically overt the years. Does anyone else sell naked ES options with a broker other than ToS where margin requirements are lower ? I'd be curious to know your experience with different brokers , etc.
Can you help answer these questions from other members on NexusFi?
When I did this approach, I used Carley Garner at DeCarley Trading. She was able to connect with an FCM that required SPAN min margins. You'll not get better than SPAN.
For those not experienced in selling naked options, google "James Cordier" for a good warning - he was a "king" of selling naked options and got his face ripped off.
