Tradestation margin for volatility based securities

Discussion in 'Retail Brokers' started by brench, Mar 6, 2019.

  1. brench

    brench

    Is someone using Tradestation? Do they have increased margin requirements for writing options on VXXB and UVXY? It'd be a great help if someone could check the margin requirements of 1 naked call for these two securities on the trading platform and tell the results! On their live chat I was told they aren't in the list for special margin requirements, but I'm a bit wary as it's the same thing at IB(they are not on the list), but when I put the order in TWS it shows the real initial margin (currently about 4k for 1 naked VXXB call and 8.8 for UVXY)
     
  2. brench

    brench

    They just replied in an email:

    "We require 100% of underlying value for naked call/put writing"

    So it's 100% on Tradestation and Tastyworks vs (currently) 121%(VXXB) and 180%(UVXY) on IB