Can't Short Klac

E

Eldredge

IB won't let me short KLAC this morning. Is anyone else having trouble? IB had problems with this a few months ago, and I have a feeling that it is their problem, not a shortage of KLAC to borrow. Has anyone else shorted it?
 
Funny, I mentioned KLAC to you back then, when you were having problems shorting AMAT.

The difference is, now I have traded SSF, and I'm enjoying it.
Traded QLGC futures the first three days this week. Liquidity was plenty for my 1 or 2 contract orders. Fills were just fine, in spite of the 8¢ spread. Easy enough to get filled midway between that spread too.
 
You may even end up being glad that you couldn't short KLAC and "had to" look at SSF. SSF have a few particular advantages.
Even if you continue to prefer shorting stocks, purchasing SSF contracts can be used to hedge against your shorts.
 
Quote from Eldredge:

IB won't let me short KLAC this morning. Is anyone else having trouble? IB had problems with this a few months ago, and I have a feeling that it is their problem, not a shortage of KLAC to borrow. Has anyone else shorted it?
More...

Thanks for posting this, it saved me from an unpleasant surprise. I used my back-up broker yesterday for shorting KLAC.
Today, KLAC seems to be available for shorting at IB.
I am also wondering, if it was just a software glitch, or it really wasn't available to borrow...?
 
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