This promotion was so popular last month, we extended it until the end of this month. I do not think it will get extended again, if you want to give us a try. https://lightspeed.com/lp/lightpeed-trading-new-year-promo-2024
Not sure I trade enough for you guys. Max this quarter would be 1000 to 2000 SPY a day with 10 to 20 collars a day.
So wouldn't margin calcs for options then include the expected move data which is based on DTE? Therefore DTE is a consideration?
First a note. Your profile says "Canada" and your regulators do not allow Canadian brokers to offer PM. And, we are not a Canadian broker. Now, the answer is no. It is a daily shock to protect the OCC guarantee to member firms as the OCC is the counter party to options. This TIMS calculation is meant to be the minimum capital required to protect members from customer losses. Based on EOD data, if the stock is up or down 15%, what would your loss be. TIMS is terrible and even the OCC knows it, which is why they expect house rules to make up for that. Days to expiration is not a factor when you look at a price change in one moment in time. IMO, SPAN margin for futures is much better and changes often.