Mr. Gold puts aside some money that he will use to be an active trader, planning to go in and out of positions frequently based on his analysis. Here are a couple of scenarios that Mr. Gold encounters:

1. Gold would like to purchase 1,000 shares of a small and relatively unknown company at $2 per share AON. If a seller is willing to sell 400 shares at $2 a share, will Mr. Gold get a partial fill on his order?

A. Yes

B. No

2. Mr. Gold owns 1,000 shares of Nike and he is super excited that they just came out with a new model of sneakers, because he thinks the stock will go from 55 to 65 sometime in the next month or two. He wants to sell his shares at 65. What type of order would be appropriate for Mr. Gold to use?

A. Day order buy the stock the following day only if it reaches 65.

B. Good till cancelled (GTC) sell the stock at 65, but the order will be canceled if Nike cancels its new shoe design.

C. Market order to sell the stock at the best possible price right now.

D. Sell 1,000 shares of Nike at 65 limit day.

E. Sell 1,000 shares of Nike at 65 limit GTC.

3. Mr. Gold has been watching Teva Pharmaceutical stock (as of writing this question, the stock is trading at $25.50) and he think the stock is going to go up in value. His main goal is to own the stock, and he doesnt care too much about the exact price at which he buys it. Which order would you place?

A. Buy 100 TEVA at 20 LIMIT

B. Buy 100 TEVA at 30 LIMIT

C. Buy 100 TEVA at market

D. Buy 100 TEVA at 25 LIMIT GTC

4. Mr. Gold bought 200 shares of Apple last year. The stock is now trading at 150. He loves his iPhone and cant wait for the newest model. However, he knows that some analysts think the stock might get crushed after the announcement because they say the new phone wont meet customer expectations. He knows that the stock might be volatile when the announcement is made, and hes afraid it may drop in price. But he doesnt want to sell because he also think it might go up in price in the long-term. He decide that if, and only if, the stock drops 10 points, then he will sell. But if it doesnt drop that much, then he wants to hold it. What order should he place?

A. Sell 200 AAPL at 140 STOP GTC

B. Sell 200 AAPL at 140 LIMIT GTC

C. Sell 200 AAPL at market

D. Sell 200 AAPL at 10 point STOP GTC

I UNDERSTAND THAT WE ARE NOT ALLOWED TO POST MULTIPLE QUESTIONS, BUT I AM STRUGGLING IN THIS ONLINE CLASS. I ALWAYS SEND EMAILS ABOUT QUESTIONS AND CONCERNS TO MY PROFESSOR, BUT SHE REPLYS BACK AROUND ONE TO THREE AM, BUT I AM ASLEEP AT THAT TIME. ALL FOUR QUESTIONS ANSWERED WOULD BE GREATLY APPRECIATED.