Obviously they do not understand options. Received an immediate margin call notice on my QQQ spread I opened yesterday. Telling me I need $2000 per spread even though I was long the 175 QQQ 2020 and short next Friday 184.5 calls. No risk since my long is a lower strike than the short and I still have a positive cash balance.

Anyway, apparently this changed 2 years ago from what the margin dept. told me. Stick with TOS or the other platforms that understand how to calculate option risk. Had not done spreads in this account in a while so FYI!!

With that said, closed the QQQ #fuzzy for basically the cost of commissions, out $24. Now I can’t trade until tomorrow because they reset cash values at midnight.

The more I try other platforms the more I realize how good TOS is :).