Question: give the reason why you select this order type and show the calculation for the price You purchased a stock 4 years ago at $22.
give the reason why you select this order type and show the calculation for the price
You purchased a stock 4 years ago at $22. The stock currently trades for $49 You are concerned about market volatility, and want to protect a 100% profit on this position. What type of order should you use, and if appropriate, at what price
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
