Question

An investor places an order to sell short ABC at the open. The opening bid of $15.25 is the same as the prior day's close. At what price may the investor sell short at the open

Answer 1

Answer:

B. 15.25

Explanation:

The short sales could be arise at any time during the time of trading day that also involves the opening and close

Here in the given situation since the sale would take place at the best bid i.e. $15.25

So the investor should sell the short at the open at $15.25 price and the same is to be considered

hence, the above is the answer