soho you clearly have no idea!
WPL on CMC is a 5% margin requirement
so $10,000 will give you $200,000 exposure which will be roughly 4000shares at $50.
So if you (shorted) at $50, and bought back at $47, that is $3 profit per share. On 4000 shares $12,000 profit!
ALOT MORE THAN 10% wouldn't you say...
ouch !, page-9
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$25.19 |
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