SPY/QQQ Portfolio Margin Question

Discussion in 'Trading' started by robbo, Jul 1, 2015.

  1. robbo

    robbo

    I have only every traded with REG T Margin account and wanted to know if I apply for Portfolio Margin in my account and am long 1000 QQQ and short 500 SPY without any other positions, how much margin will this position use up.
     
  2. noddyboy

    noddyboy

  3. rmorse

    rmorse Sponsor

    Assuming no added house rules, and your clearing firm provides the offsets, based on yesterday's close, $6590.00
     
  4. robbo

    robbo

    Thanks for the replies, much appreciated.