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If you enter a market and your broker knows you will exit your position before the closing bell that day, the margin requirement should be substantially reduced. This will allow you to take more contracts with your existing account balance. If you hold your position overnight and use an option (opposite your futures position) as insurance, the margin requirement is also reduced. (Example: Buy futures contracts and sell Puts, or Sell futures contracts and buy Calls). Remember, if you buy Options, your risk is limited to the premium you paid for them. If you sell Options, your risk can be much greater.
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