Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You have no open silver futures position. The December Comex silver futures contract is now at $14.60/oz. You believe it would be in a downward
You have no open silver futures position. The December Comex silver futures contract is now at $14.60/oz. You believe it would be in a downward trend if it hits $14.40/oz. What order would you place with your broker now?
Short limit $14.20
| ||
Short stop $14.20 | ||
Buy stop $14.20
| ||
Short stop $14.40
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started