Consider the following transaction timeline for XYZ Corp. November 12- open order placed for 500 shares November
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Consider the following transaction timeline for XYZ Corp. November 12- open order placed for 500 shares November 13- order filled at $25.25 per share January 4-current market price $61.50 per share January 5- stop-loss order placed at $55.00 per share March 29- current market price $58.00 per share April 2- all 500 shares XYZ Corp. sold at $55.00 per share April 7- an additional300 shares short sold at $49.00 per share April 28-current market price $37.00 per share May 30- short sell covered at $27.25 per share Calculate the total amount earned or lost on all trades excluding any possible trading costs.
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