An amount paid by the account holder (either in cash or "marginable securities" which is held by the brokerage against non cash or high risk investments, or where the brokerage has lent the account holder the means to undertake a particular trade.
The point(s) at which a risk profile of a trade equals zero.
A strategy designed to protect the investor against directional price changes in the underlying asset by engineering the overall position delta to zero.
Where a spread position is engineered so that the overall position delta is zero.
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