On Jun 16th, 2022, You sold short 2,100 shares of AAPL's stock at $130 per share. You put 50% cash as the initial margin into the short-selling account.

On Sep 16th, 2022, AAPL's price goes up to $150 per share.

2. If you close this position, then your return would be ___________%. [ Close]
4. If you maintain this position wait for AAPL to drop later. Then, your broker will ask you to put additional $_________ cash to keep the maintenance margin at 40%. [ Wait]
6. What factors should investors consider to decide this "Close or Wait" decision?

Answer rating: 100% (QA)

To calculate the return if you close the position on Sep 16th 2022 1 Initial short sale proceeds 210... View the full answer