Question

you purchased MGM stock at $63.20 per share the stock is currently selling at $61.80. Your losses would be protected by placing

Answer 1

While MGM's stock has come back strong from the low point it hit in March, shares of the world-class resort remain 10% below where they started 2020. ... So where Sands and Wynn will suffer more due to the delay, MGM should emerge relatively unscathed

Answer 2

lf I purchased MGM stock at 63.20 dollar per share and the current selling of stock is 61.80.

Then my lose would be protected by placing.

= 1.4 is my lose if 63.20- 61.80