Can you guys check something for me at your broker?
I just for fun clicked in a Dec 900/700 BPS. This thing will get me 15k for only 4k margin. Downside-risk: only 5k.
Or Dec 900/500 BPS. Even though the SP is under the midpoint (700) this thing has a delta of 0.665 and a positive(!) theta of 0.011. 14k margin, but still 17k to fall for max-loss while only bringing in 23k max-gain.
Do you get similar margin-impacts? Or is it just because my portfolio is already weird?
I would have expected more margin and a way worse theta..