I know we are all sick of people calling tops......but a lot of my charts are telling me that things are 2-3 weeks from going down. With that being said, I would prefer to sell options short to enter. I would rather have the time premium work for me rather than against me. Can someone explain margin for the selling of calls? For example....I am considering selling IWM Jan 72 calls which are priced at $5.90. How will that affect my margin at IB? I am also willing to consider other strategies but my method is pretty good at entry. I recently was talked into doing a bull spread on OIH. I am up $13 on the stock but the bull spread is only up about 60 cents...ugh. I have never been that into "hedging". I always felt if the risk was to great, I should enter a smaller position, not hedg it but thats another topic.