Question
In July 2014, Gertrude short sold 100 shares of Tesla at $280 per share and placed a stop-buy on the stock at $300 per share.
In July 2014, Gertrude short sold 100 shares of Tesla at $280 per share and placed a stop-buy on the stock at $300 per share. The stock moved to $290 per share by August and paid a $0.50 per share dividend. By October, the stock had moved up gradually to $315 per share. What profit/loss will Gertrude report on her transaction for the July to October period?
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The Handbook Of International Trade And Finance
Authors: Anders Grath
4th Edition
0749475986, 978-0749475987
