If I have understood Abhi's reply correctly, then his broker is charging 25 to 30k for a spread position which is same as margin required for Naked Short Option Position.
If the margin is required on real risk, then we shdn't be paying more then 5 to 10k for protected spread where max loss is just 5k. Yes, if we break the spread and squareoff the Long leg then obviously broker can give a margin call.
Happy Trading
If the margin is required on real risk, then we shdn't be paying more then 5 to 10k for protected spread where max loss is just 5k. Yes, if we break the spread and squareoff the Long leg then obviously broker can give a margin call.
Happy Trading