@OptionsSeller@JO5K5 Normal brokers do about 10x the underlying price so it should be around 6500 , IB margin is different and they will increase the margin requirement until the end of next month and after that slowly decrease them. There was a bulletin they sent.
@JO5K5 Hey Jim, do you manage the strangles any different than the credit spreads? Do you close the side when the strike is reached or you wait until the day of expiration and then roll to the next week?