San Escobar
Experience: Intermediate
Platform: Sierra Chart
Broker: Denali/Rythmic
Trading: Futures & options
Posts: 90 since Apr 2020
Thanks Given: 31
Thanks Received: 54
|
Hi,
I'm looking for a broker that would allow me to execute my mixed trading strategy that involves options selling and trading futures to hedge that options on the same account
I've done some research and found that:
- most brokers does not allow options selling at all (no naked, no spreads)
- some brokers allow selling, but account margin is separate for options and futures trading
- some brokers allow selling, but they have unfriendly margin policy (ie if I sell both Call and Put, only one of that options can expire in the money and involves some risk but they still want full margin for Call, separate for Put leg and separate full margin for my futures hedges so 3x full exchange margin for a one lot trade
I tried with IB, they properly calculate options margins but still futures trading requires full exchange margin
Any ideas?
|