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 are correct.

When security hits a certain price, a buy-stop order orders a broker to buy it. When the price reaches that point, the buy-stop changes into a market or limit order that can be filled at the following price.

This kind of stop order is applicable to a wide range of tradable products, including stocks, derivatives, forex, and others. With the underlying presumption that a share price will continue to grow after reaching a given level, the purchase stop order can be used for a variety of objectives.

Most people think of a buy-stop order as a technique to guard against the potentially limitless losses of an exposed short position.

To learn more about Buy-stop orders refer to:

https://brainly.com/question/14884905

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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 are correct.

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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 are correct.