Registered: Jul 2006
04-19-12 01:25 PM
I would like to know what is the rule to calculate profits in partial covering of positions?.
I bought 100 shares @ 10.00
I add another 100 @ 10.10 (average price would be 10.05 200 shares)
Price goes in my direction
I decide to cover half (100) @ 10.20
and the other half @ 10.30
What part of my position would close at each price?
I mean, the first lot at 10.2 and second at 10.3 (20 + 20 profit) , or the first the added 100, and only then my first lot (10 + 30 profit)? or it would be calculated from the avg price?