He says he's doing stocks too so you never know, the options might be covered by his stocks. He says he does hedge. But what I am saying is if he's getting margin called, it must be options that are getting him margin called.
I changed my vote to one of the others to make the math easier. Here's the first one... Whoops. Subtract 1 from the 4. 3, 2 and 2 into one hundred too tough. So this is easier... Now you just subtract the 1 from the top choice, and you are back to 2, 2, and 4, which comes out to neat easy numbers. 25%, 25% and 50%. Oy! Just ignore the one vote!
My advice: trade in a CashAcct. You'll never get any margin call. And also no PDT rule. Ie. you can even do daytrading. See also this posting of mine about the different outcomes of different account types (CashAcct, MarginAcct):
Be aware that, generally speaking, the margin requirement on stocks doubles overnight, after EOD. See here what IB has to say about it: https://www.interactivebrokers.com/...hm=us&ex=us&rgt=1&rsk=0&pm=1&rst=101004110808
Yes I made it delta neutral with positive or small negative theta. Also the pnls would be positive under extreme market move
what is overnight margin and how to see it? I saw there are "projected look ahead initial/maintenance margin". They are equal to the non-projected ones.
bingo. something like that except I also buy far OTM options to survive with the extreme market move.
There is "post expiry margin" that work as what you described. Last friday it was >500% in the morning. Around 3pm I managed to reduce it to around 130%. I couldn't reduce further because the attempting orders were rejected and IB determine they would cause initial margin deficit. And then the liquidation reduced it to 90%. On Saturday after the assignment of the expiry options, the current margin stayed at 90%. But now on Sunday it increase to 120% again.