Minimum Margin Requirements
CBOE S&P 500 BuyWrite Index Futures (BZ)
Outright
| |
Initial |
Maintenance |
| Speculative |
$3,875 |
$3,100 |
| Hedge / TPH Permit1 |
$3,100 |
$3,100 |
Intra-Commodity Rates (Calendar Spreads)
| |
Initial |
Maintenance |
| Speculative |
$25 |
$20 |
| Hedge / TPH Permit1 |
$20 |
$20 |
Inter-Commodity Spreads
None at this time
Inter-Exchange Spreads
None at this time
1 TPH Permit means the account of a person possessing a Trading Privilege Holder Permit that allows access to the CBOE Futures Exchange, LLC trading system.