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I just opened a position on WeBull to short a stock with a market value of $1,554. The total amount of cash in my account is $5200, but my day trading and overnight buying power is saying 0 after I open my position. Will I receive an RT call if I hold this overnight or will I be covered on this position with the amount of cash in my account?

Is it my equity/cash or buying power which needs to be 50 percent of $1,554 that I have tied up in the stock?

Thanks in advance.

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Standard Reg T margin is 50% so the requirement for shorting a stock with a market value of $1,554 could be $777. Why did I say could be?

  • Stocks below $5 are not marginable
  • Leveraged ETFs have a higher margin requirement
  • Brokers can have a higher margin requirement than Reg T
  • Some of your cash could be tied up by other margined option or stock positions

Therefore, I can't really answer your question because there are other possible mitigating factors.

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