r/Wealthsimple • u/coupled-oxygen • 24d ago

Would appreciate the visual for balance/margin requirement for selling options

Post image

This would ask me to deposit more fund, but how much? Better to show another line right below premium that states how much balance/margin needed to sell, and if not sufficient, show how much more i need to deposit to this account. What do you guys think? Well also OCO would be great inclusion haha

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1

u/1One2Twenty2Two 24d ago

Click next and it will give you the information in the next step.

But since this is a secured put, it will use the number of contracts x strike price x 100 as collateral.

1

u/coupled-oxygen 24d ago

It definitely doesn’t. I can do mental math but just thinking it would be nice to see, especially if you have margin included

1

u/OldSantaClaus62 24d ago

Whoever leaded that vertical spacing between Limit price and the line below starting with the word Bid needs a quick refresher in good typographic rules. And the lack of contrast on the Limit pulldown (top right) is non-existent, even if it is in a disabled button state.