Homework answers / question archive / You are bearish on Telecom and decide to sell short 100 shares at the current market price of 85$ per share

You are bearish on Telecom and decide to sell short 100 shares at the current market price of 85$ per share

Business

Share With

You are bearish on Telecom and decide to sell short 100 shares at the current market price of 85$ per share. Initial margin requirement is 50%. How high can the price of the stock go before you get a margin call if the marging is 35% of the value of the short position?