Discussion in 'ETFs' started by cstfx, Aug 6, 2009.
FAS is no longer shortable on IB or Lightspeed. (11:00 am Thurs) Anyone else able to short it?
TOS can get it most of the time
Buy FAZ for your hedge.
it was to trade, not hedge. skf would have worked too then. but I trade FAS long and short because of its volatility.
I know you should have bought FAZ as a hedge
Cause everyone know,s it has to come down after a long bull run like that
FAZ = -1 x FAS intraday
SKF = -2/3 x FAS intraday
If you want the same volatility, just buy more shares. I don't understand the need to short FAS for a day trade.
I should not have assumed you were hedging. I should have said buying FAZ is roughly the same as shorting FAS. It's hard to short TNA sometimes too, so I buy TZA when needed.
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