Short Selling: Example a You instruct your broker to close out the position 10 days later. He will buy 100 shares of att and return them to the client If the price is $48 the profit is $200 If the price is $51, the loss is $100 Charles cao4 Charles Cao Short Selling: Example ◼ You instruct your broker to close out the position 10 days later. He will buy 100 shares of ATT, and return them to the client ◼ If the price is $48, the profit is $200 ◼ If the price is $51, the loss is $100