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How can I find the rate- the fee for- shorting a stock? Let's say I'm shorting 100 shares of google.? |
Can I find it on Yahoo finance or would I have to refer to my brokerage firm. I'm planning on getting two margin accounts- one which I buy and hold a stock and think it will rise in a month, the other account to short any downward trends of that same stock. I thinking about doing this to agriculture stocks like AG and MOS. And yes, I know I hafta do more research. I am pretty sure there is no fee, I have TD Ameritrade. The only fee is the normal trade fee your broker charges for buying or selling stock. However, it has to be in a margin account and if the trade goes against you (ie, price goes up instead of down) you have to pay whatever, the stock price is when you buy to close your short. First to short goog it will take a minimum of 22500 in one account and the long position will take the same. there are no "fees" for shorting stocks, there are only requirements. 10% Annually (Give or take a few cents) |
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