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Reply to "Shorting against the box- what was DH thinking?"
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[quote=Anonymous]Okay here's a better breakdown. ~$3M portfolio overall with a $1.1 margin account. This includes: Long: 1,502 DIA ETF current value: 586,148 Short: 1,310 DIA ETF current value: -510991.7 Long: 18,720 shares of 10 individual stocks in the SPDR S&P 500 ETF current value: 879,135 Short: 1,550 shares SPDR S&P 500 ETF current value: -798172.5 So if he closes the shorts, is the account effectively brought to $156,119? [/quote]
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