Generating Alpha – Short Positions


Symbol Contract Future Bid Stock Last Dividend Premium # of Days Implied Annualized Premium
IBM1D 2015-06 164.6500 164.1400 OCX.NoDivRisk $0.51 233 0.48%
GILD1D 2015-03 112.0200 111.8100 OCX.NoDivRisk $0.21 142 0.48%
BRKB1D 2015-03 140.0800 139.8200 OCX.NoDivRisk $0.26 142 0.47%
BA1D 2015-03 125.0500 124.8300 OCX.NoDivRisk $0.22 142 0.45%
KO1D 2015-03 41.8800 41.8100 OCX.NoDivRisk $0.07 142 0.42%
KORS1D 2015-03 78.5200 78.4000 OCX.NoDivRisk $0.12 142 0.39%
MYL1D 2015-03 53.5300 53.4500 OCX.NoDivRisk $0.08 142 0.38%
AAPL1D 2015-03 108.1400 107.9800 OCX.NoDivRisk $0.16 142 0.38%
IBM1D 2015-03 164.3800 164.1400 OCX.NoDivRisk $0.24 142 0.37%
EMR1D 2015-03 64.0800 63.9900 OCX.NoDivRisk $0.09 142 0.36%

The above SSF are currently bid above the last stock tick. Meaning you can sell the future, hold to expiration and get the short stock at a premium to the current cash price. All prices above were last updated at 15:54:01 EST on 2014-10-31, and will have fresh updates throughout the trading day.

If you are currently short the stock, you can sell the exchange for physical (EFP), thus converting your short stock position to short futures, capturing the premium and eliminating your short interest charges. Learn more about EFPs at EFP education.

Disclaimer

SEE MORE …