despite a warning from a google insider that amazon is just as weak as ebay and i should short both, my paired trade has gone well so far. up a combined 10%. both started at $33 a share and now amzn is at $36 and ebay is at $30.
i’m not really sure how you track a return on a paired trade. it seems like i have not created new dollar exposure since i sold short the same amount i purchased long. anyone know how you calculated returns on this type of trade?