Option house: Net liquidation value less than requirement?

Discussion in 'Options' started by Skyline, Jun 4, 2015.

  1. Skyline

    Skyline

    hi, I'm a newbie option trader. Im on optionhouse and trying to do a vertical spread but I get this message every time. What is the problem? I have sufficient buying power. My cash is around 4k and my margin is 7 k. The spread is a debit of $30 dollars on FEYE.

    Help?
     
  2. No margin on options - so you are limited to $4,000. Enter the long position first.




    :)
     
  3. Skyline

    Skyline

    Sorry, but how much do I need in my account to do a spread trade with a debit of > $100?
     

  4. Perhaps you are attempting to open the short position first. Try the long position first, when that has been filled open the short position.


    :)