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Date/Time: Fri, 24 Jan 2025 14:45:58 +0000



[User Discussion] - OPTIONS QUESTION FOR SIERRA CHARTS

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[2019-01-23 16:43:36]
User594596 - Posts: 3
HI,

I WANTED TO KNOW HOW CAN I SEE THE PREMIUM REQUIRED TO PURCHASE AN OPTION FOR TREASURY FUTURES, ALL I SEE IS TICK VALUES. i AM ASKING SINCE I PAY THE PREMIUM TO BE ABLE TO BUY FUTURES, FOR WHICH I WILL NEED A MARGIN OF X.

SO I WANT TO KNOW IF MARGIN FOR 2 CONTRACTS IS 2000 AND I HAVE 3000, HOW DO I KNOW THE DOLLAR VALUE OF PREMIUM I WILL PAY UPFRONT ?
[2019-01-27 16:29:39]
User594596 - Posts: 3
CAN SOMEONE HELP ME WITH THE ABOVE ? AM I NOT ASKING AT THE RIGHT PLACE ?
[2019-01-27 19:38:18]
Sierra Chart Engineering - Posts: 104368
This is not functionality that Sierra Chart provides.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-01-27 19:43:59]
User594596 - Posts: 3
hi,

then how do i know the margin needed to maintain a purchase for a contract ?

if outright is 500usd and i have 1000usd will my transaction be accepted ?
[2019-01-27 22:09:40]
Merlin - Posts: 83
This is really a question for your broker.
It's not a Sierra issue - whatever the answer is, it will be the same no matter what software you're using to chart the option.
But it may be different for different brokers - brokers have some leeway in setting their margin policies, as long as they meet CME's minimums.

This gives some basic information, seems rather complex:
https://www.cmegroup.com/education/articles-and-reports/a-primer-on-margining-styles-for-options.html

One more reason I'm not trading futures options. :-)

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