I have not used OnDemand in a long time since it's so slow but I just wanted to do a quick setup to check something so I was looking at a bwb and it looks like the margin calculation is wrong or at least it's not factoring in the debit side of the trade
I was looking at a 25 wide fly and than just moved the lower leg one strike lower and the margin went from no margin to 3000 because the credit side is 30 wide
The calculation is correct on the live trade but in OnDemand is wrong
I just hope this is just a glitch in OnDemand and not a sign of things to come as a lot of brokerages are doing it the wrong way which will severely limit the BWB trading
I was looking at a 25 wide fly and than just moved the lower leg one strike lower and the margin went from no margin to 3000 because the credit side is 30 wide
The calculation is correct on the live trade but in OnDemand is wrong
I just hope this is just a glitch in OnDemand and not a sign of things to come as a lot of brokerages are doing it the wrong way which will severely limit the BWB trading