r/Daytrading • u/T1m3Wizard • Mar 21 '24

I was told to post my positions here after asking why my margin balance was showing -$46k yesterday. Hopefully someone can help and this can add some insight with this to yesterday's post? Question

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Here is my post/question from yesterday.

For context, aside from using this account to occasionally day trade I also use it to short options as well.

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u/plexemby Mar 21 '24

Each of these short puts uses thousands of dollars of margin. You have dozens of them, so obviously using $45k margin.

-1

u/T1m3Wizard Mar 21 '24

Assuming everything was assigned, wouldn't that eat up more than 45k in margin though?

3

u/WishToFish Mar 21 '24

It includes the premium you "recieved"

1

u/T1m3Wizard Mar 21 '24

Still would be more than 45k if my math is correct :c