Our charges for carrying a position each night (aka "rolling", "financing") is:
LONG = LIBOR + 2.5%
SHORT = LIBOR -2.5% (minus any 'borrow' costs)
The Financing rates in the table below are shown as an annual percentage (360 day year).
If you are LONG you will RECEIVE only 70% (since US withholding tax is 30%).
| Name | Financing LONG (% per year) | Financing SHORT (% per year) | Dividend (USD per share) |
|---|---|---|---|
| Alibaba | -4.40 | -0.60 | |
| Alphabet | -4.40 | -0.60 | |
| Amazon | -4.40 | -0.60 | |
| Apple | -4.40 | -0.60 | |
| Berkshire Hathaway | -4.40 | -0.60 | |
| Boeing | -4.40 | -0.60 | |
| Citigroup | -4.40 | -0.60 | |
| Coca cola | -4.40 | -0.60 | |
| Disney | -4.40 | -0.60 | |
| Ebay | -4.40 | -0.60 | |
| Exxon | -4.40 | -0.60 | |
| -4.40 | -0.60 | ||
| Goldmans | -4.40 | -0.60 | |
| JP Morgan | -4.40 | -0.60 | |
| Microsoft | -4.40 | -0.60 | |
| Netflix | -4.40 | -0.60 | |
| Nvidia | -4.40 | -0.60 | |
| Starbucks | -4.40 | -0.60 | |
| Tesla | -4.40 | -5.80 | |
| -4.40 | -0.60 | ||
| Uber | -4.40 | -0.60 | |
| Wal-Mart | -4.40 | -0.60 |
What is short borrowing?
This is the practice of borrowing shares, to then sell them. When borrowing shares there is a cost attached, this will vary dependent on the availability to borrow the underlying share. In most cases there will be no borrowing costs.