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...
soho you clearly have no idea! WPL on CMC is a 5% margin...
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Last
$28.84 |
Change
0.330(1.16%) |
Mkt cap ! $54.75B | |||
| Open | High | Low | Value | Volume |
| $28.85 | $28.93 | $28.73 | $83.53M | 2.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2309 | $28.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.85 | 2709 | 2 |
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