For anyone in the know: assuming account is well funded, what is the margin requirement to sell 100 equity options naked? How much cash would this lock up initial and maintenance? IE: short 100 SPY Apr19 $280 calls at $4.50?
If you right-click and do 'check margin' on that order, the initial margin is about 261k, 238k maintenance
Great, thank you. One further, I assume this is a volatility-weighted ratio for margins based on the underlying?