Bitcoin Futures Are Here and Now Available
Margin Requirements
Long Stock
| Price | Initial Requirement | Maintenance Requirement |
|---|---|---|
| $3.00 or less | 100% | 100% |
| $3.01 - $5.00 | 50% | Greater of $2.00 per share or 50% |
| $5.01 or more | 50% | 30% |
Special Margin Requirements for Concentrated Accounts
If one long, equity position accounts for more than 50% of the total margin account's value, then the maintenance requirement for that equity security will be adjusted to no less than 50%.
Please note that Just2trade reserves the right to set a higher concentration requirement on certain stocks if it deems it too volatile. Additionally, stocks priced below $5.01 has a requirement of no less than 50%.
Short Stock
| Price | Initial Requirement | Maintenance Requirement |
|---|---|---|
| $3.00 - $5.00 | $2.50 per share. Cannot open short positions for stock priced below $3.00 | Greater of $2.50 or 100% |
| $5.01 or more | The greater of $5.00 or 50% | The greater of $5.00 or 40% |
Options
| Option Order | Initial Requirement | Maintenance Requirement | |
|---|---|---|---|
| Short Calls | Option premium | + |
(Whichever is greater):
35% of the underlying market price minus out-of-the-money OR 10% of the underlying market price |
| Short Puts | Option premium | + |
(Whichever is greater):
35% of the underlying market price minus out-of-the-money OR 10% of the strike price |
| Credit Spreads* | Difference between Strike Prices | + | Option Premium x Number of Contracts |
| Debit Spreads* | Net debit paid multiplied by the number of contracts | ||
| Short Straddles | Short Call or Short Put Requirement (whichever is greater) | + | Premium received before the other leg |
*The margin requirement for Short Calls and Puts will apply in those cases when the Short Leg expires AFTER the Long Leg.
Minimum Equity Requirements for Options
| Short Calls: | $100,000 |
| Short Puts: | $25,000 |
| Spreads: |
$5,000 (
when Short Leg expires AT or BEFORE Long Leg expires) $25,000 for Put Spreads ( when Short Leg expires AFTER Long Leg expires) $100,000 for Call Spreads ( when Short Leg expires AFTER Long Leg expires) |
| Credit Straddles: | $100,000 |
NOTE:
- Pink Sheets, OTC Bulletin Board (OTC-BB) and Leveraged ETFs / Stocks are NOT margin eligible.
- Click here to view all securities listed on U.S. exchanges held at a 100% margin requirement.
- Margin Calls & Flags Guidelines
- Maintenance requirements may be set higher for certain stocks if considered necessary by our clearing firm.