On 1 April, you sold short 500 shares of Gamestop at $120 per share. There was a 40% initial margin. The price rose to $
Posted: Thu Apr 28, 2022 1:28 pm
On 1 April, you sold short 500 shares of Gamestop at
$120 per share. There was a 40% initial margin. The price rose
to $136 per share, and you closed out your short position at
this price (you covered the short). Your broker charges $10 per
trade. Assuming there were no other costs or taxes, what was your
holding period return on this investment?
$120 per share. There was a 40% initial margin. The price rose
to $136 per share, and you closed out your short position at
this price (you covered the short). Your broker charges $10 per
trade. Assuming there were no other costs or taxes, what was your
holding period return on this investment?