I wanted to create a Debit spread in ES near ATM so I decided to try a few different months. The margin calculator showed wildly different Initial Margin amounts between July and Dec
I called Support.
I sent them the screen shots.
They bounced me between 3 agents. Every Time I had to explain everything again. It was painful.
I can only lose $75 on this spread. I kept having to explain what a Debit spread was. Then I had to keep telling them that the Initial Margin was different…