Hello,
I think margins for new CBOE mini options that represent 10 shares (instead of 100 shares in standard options) of an underlying security are incorrectly calculated and should be divided by 10.
Mini options symbols: AMZN7, AAPL7, GOOG7, GLD7, SPY7
Example response from the API:
Unable to STO 1 GOOG71312P780 …; proposed trade would lower by $12,789.00
Can you please check,
Thanks Robert
Hi, Robert -
Oh my. It’s going to take a little magic to support these new-fangled mini-options properly. I’ll try to get something in place quickly. I’ll post here when it is implemented, hopefully in the next week or so.
MK