Generally I don't use these instruments; I know they are useful as a financing tool. But I was wondering if there was any value in also using them as a hedge in a dividend capture? Basically, long stock, short SSF, or is the price drop from the loss of the dividend already baked efficiently into the SSF, before the stock goes ex-dividend. I know deep ITMs calls are sometimes used successfully this way. Anyway to play this with SSFs?