5. High frequency trading Consider the following graph, which shows Hylack Enterprise's extremely volatile stock trend from 1 PM to 4 PM on a Tuesday. Each point on the graph represents a 15-minute time interval and the price the stock was tracked to be at that interval. ? Hylack Enterprise's Daily Stock Trend 10 9 8 7 PRICE (Dollars) m 2 1 0 2 3 TIME (Hour in the day) If a trader developed a series of algorithms and bots to help her profit from predictable price trends, then which of the following algorithms would have resulted in the highest profit? (Note: Assume there were no transaction costs associated with the transactions and that purchase and sell orders occur immediately.) If the price of Hylack Enterprise's stock decreases by exactly $2 in 15 minutes, submit an order to purchase 3,000 shares. Then, if the stock price increases at all in any given 15-minute interval, submit an order to sell 3,000 shares. $1 in 15 minutes, take the position 1,500 shares. Then, if the O If the Hylack Enterprise's stock decrea by price decreases below $2, offset the short position. If the price of Hylack Enterprise's stock increases by exactly $1 in 15 minutes, submit an order to purchase 1,000 shares. Then, if the stock price increases above $8, submit an order to sell 1,000 shares. If the price of Hylack Enterprise's stock decreases by exactly $2 in 15 minutes, submit an order to purchase 500 shares. Then, if the stock price increases by more than 100 percent in the last hour, submit an order to sell 500 shares