# Standard Margin

By default, all accounts use Standard Margin. Standard Margin evaluates the margin for every position on a user's portfolio individually, not holistically. For example, it does not take into consideration offsetting or correlated positions.

### Initial Margin

Long call/put:\
`Quantity * Limit`

Short call:\
`Maximum (0.15 - OTM Amount/Spot, 0.1) * Spot + Mark Price of the Option`

Short put:\
`Maximum(Maximum (0.15 - OTM Amount/Spot, 0.1) * Spot + Mark Price of the Option, Maintenance Margin)`

### Maintenance Margin

Long call/put:\
`None`

Short call:\
`0.1 * Spot + Mark Price of the Option`

Short put:\
`Maximum (0.1 * spot, 0.1 * Mark Price of the Option) + Mark Price of the Option`


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.aevo.xyz/aevo-products/aevo-exchange/technical-architecture/margin-framework/standard-margin.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.