Answer :
To determine whether you should buy or sell shares, we need to consider your belief that the stock price of Apple will go up soon. Additionally, we'll need to determine if you have enough funds to buy 115 shares or if you need to sell or short-sell the shares.
Given the stock price of $108 and $10,000 to invest, let's calculate the cost of buying 115 shares of Apple:
Cost of buying 115 shares = 115 * $108 = $12,420
Since the cost of buying 115 shares ($12,420) exceeds the $10,000 you have available to invest, you don't have sufficient funds to buy the shares outright.
If you still want to proceed with buying 115 shares, you would need to consider buying the shares on margin. This involves borrowing funds from your broker to supplement your investment. However, the specific terms and conditions of margin trading would need to be taken into account, such as margin requirements and interest rates charged by the broker.
Alternatively, if you believe the stock price will go up soon but don't have enough funds to buy the shares, you may choose to explore other investment options or consider selling or short-selling shares if you have an existing position.
Therefore, in this scenario, you would enter -115 to indicate selling or short-selling 115 shares of Apple, as buying 115 shares is not feasible with the available funds.
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