Anyone else notice that TOS now requires you to have a balanced number of contracts for iron condors?! I talked to someone from the trade desk and he said their clearing house is now following FINRA margin requirements to the T. Basically, if you have 10 â 5 point call spreads (cash settled European) and 5 â 10 point put spreads they will hold 10k for the 5 â 10 point put spread and the 5 â 5 point call spreads but will require an additional 2.5k for the additional reminding 5 â 5 point call spreads. This means you have to post more margin then the position could actually lose! He said they have been arguing over the margin requirement with their clearing house for a while but it took effect July 1st. He also said if FINRA even looks at it that it wouldnât be until next year until they would change the policy. Does anyone know if IB has the same requirements? I am a big fan of TOS but fewer contracts traded equal less profit in my book.