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(15 points) Suppose that you short sold 50 shares of Tesla at the price of $575 (per share). Assume that if the stock pr
Posted: Fri Mar 04, 2022 9:39 am
by answerhappygod
- 15 Points Suppose That You Short Sold 50 Shares Of Tesla At The Price Of 575 Per Share Assume That If The Stock Pr 1 (21.33 KiB) Viewed 33 times
(15 points) Suppose that you short sold 50 shares of Tesla at the price of $575 (per share). Assume that if the stock price of Tesla moves in a way such that the loss in your position (per share) is $35 or more, then you would like to close your position provided that your loss (per share) is $45 or less. What kind of order should you place? To get full credit you need to mention: (1) the name of the order; (2) whether you are placing an order to buy or sell; (3) the number of shares for which the order applies; and (4) information on the price(s) that the order may require.