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Margin

Index Futures and Options


Margin for short index options:Option premium + Maximum (Margin "A"–(Out-of-the-money value), Margin "B")
A=a fixed amount as announced by TAIFEX
B= a fixed amount as announced by TAIFEX (ie. the minimum margin level)



Single Stock Futures and Equity Options


Margin for Short Calls =
Option premium + Maximum [Underlying price * Mutiplier * Margin "A"–Out-of-the-money Value, Underlying price * Mutiplier * Margin"B"],

Margin for Short Puts =
Option premium + Maximum [Underlying price * Mutiplier * Margin "A"–Out-of-the-money Value, Srtike price * Mutiplier * Margin"B"]