Those lousy guys. Costing me huge the past month.
I also discovered that Ameritrade won't allow me to short SPXU (-3x S&P 500). Is it like this with Fidelity?
Sentiment: Strong Sell
Ameritrade consistently has VXX and TWM, but little else to short. They never have TNA or any of the other bull funds to short.
Good news is TWm return is actually a little better than 2/3 of TZA. So if you planned to short 250K of TZA, just short 375K worth TWM.
from Fido's short sale lookup just now:
Symbol Name Availability Available to Short Est. Annual Interest Rate
SPXU PROSHARES TRUST ULTRAPRO SHORT Hard 1,105,761 2.000 %
I thought you switched to IB?
Doing it effective January. Didn't want to have 2 brokers in 2013 for tax reasons and it cost me the chance to short FXP.