SPAN Margin Explained | How Futures & Options Margin Really Works

Описание: Hey everyone, Nichol here. I’ve had a lot of requests to open a Discord community - and I’ve finally done it!

My goal is to build a space that’s high-quality, focused, and built on a strong foundation. That’s why access starts with my Mastering Covered Call Writing course, which also includes 3 months of Discord membership. When everyone comes in with the same baseline, the conversations are sharper, the questions are better, and the value goes way up for all of us.

This is just the beginning. I’ll keep expanding the server and the education that supports it. If you’re serious about growing as a trader, I think you’ll find massive value here.
Check out the course and join us → https://courses.ditmcapital.com/maste...

Video Description

Understanding SPAN margin is essential for trading futures and futures options. Unlike equity-style margin, SPAN dynamically adjusts based on actual portfolio risk and changing market conditions.

In this video, I break down:
What SPAN margin is and why it matters
How SPAN calculates risk using 16 scenarios
Why margin can change dramatically in volatile markets
Case studies: short futures + long calls, naked calls, naked puts, and conversions

SPAN margin can be both more efficient and challenging to manage — especially if you don’t respect notional exposure.

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Futures and options trading involves significant risk and may not be suitable for all investors.