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17 Cards in this Set
- Front
- Back
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Long Call Matrix
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Short Call Matrix
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Long Put Matrix
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Short Put Matrix
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Initial margin for stock in long margin account
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50% Reg T, 25% FINRA
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Initial margin for stock in short margin account
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50% Reg T, 30% FINRA
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Short sell "cheap stock rule" <$5
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pay the greater of 100% sale amount or $2.50 share
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Short sell "cheap stock rule" >=$5
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pay the greater of 30% sale amount or $5 share
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Customer fails to deliver must be bought in
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10 business days after settlement date
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Arbitrage account min. margin
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5%
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Reg T. minimum margin on LEAP options >9months
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75%
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Reg T. minimum margin on LEAP options <9months
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100%
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Minimum margin to open day trading account
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$25,000
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SMA
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>50% excess equity, and can be borrowed from the account, this also increases Dr.
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Restricted margin account
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<50% but >25% initial margin
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Long Market Value maint. margin calculation
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Debit Balance / .75
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Market Value at Maintenance
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= Debit / .75
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