You sold JCP stock short at $80 per share.Your losses could be minimized by placing a
A)limit-sell order.
B)limit-buy order.
C)stop-buy order.
D)day-order.
E)None of the options

Name: You sold JCP stock short at $80 per share.Your losses could be minimized by placing a A)limit-sell order. B)limit-buy order. C)stop-buy order. D)day-order. E)None of the options
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Question

Quizplus · Accepted Answer

With a stop-buy order, the stock would be purchased if the price increased to a specified level, thus limiting your loss.

You Sold JCP Stock Short at $80 Per Share