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Situation at the beginning of day 3

POSITIONS                                MARGINS 
short 3 covered Colgate Nov 35 calls      $     0   
short 3 uncov. Colgate Nov 35 calls       $ 3,330 
long 5 Unisys Nov 75 puts                 $     0 
excess margin:                            $ 2,820 
Day 3: General Motors stock currently trades at $74 and GM March 70 puts at $2.00. Tina sells 2 GM March 70 puts.

What is the initial margin requirement for this transaction?

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