The StoneX Armor (previously RJO, R.J. O'Brien) web-accessible risk application allows DeCarley Trading clients to manage risk and margin, and experiment with "what if" margin scenarios. This tool also gives traders a quick and easy view of expiring futures and options positions.
The futures and options market is complex; the exchange uses a portfolio margining system that nets the risk across related positions. Further, short option or spread margin can change dramatically intraday as markets move. For this reason, it is imperative to have access to a margin calculator that allows our brokerage clients to calculate the margin required to sell specific options or to employ strategies involving combinations of long and short options, or futures contracts with option hedges.
0:00 -Intro to the StoneX Armor Risk and Margin Calculator
2:00 - StoneXAmor Risk and Margin Management Overview
5:05 - Risk Summary Tab
13:40 - Account Details Tab
22:47 - Risk Analyzer with current option futures and options positions
33:40 - Risk Analyzer with a blank canvas
38:40 - Upcoming futures deliveries, first notice days, and option expirations
The futures and options market is complex; the exchange uses a portfolio margining system that nets the risk across related positions. Further, short option or spread margin can change dramatically intraday as markets move. For this reason, it is imperative to have access to a margin calculator that allows our brokerage clients to calculate the margin required to sell specific options or to employ strategies involving combinations of long and short options, or futures contracts with option hedges.
0:00 -Intro to the StoneX Armor Risk and Margin Calculator
2:00 - StoneXAmor Risk and Margin Management Overview
5:05 - Risk Summary Tab
13:40 - Account Details Tab
22:47 - Risk Analyzer with current option futures and options positions
33:40 - Risk Analyzer with a blank canvas
38:40 - Upcoming futures deliveries, first notice days, and option expirations