单选题

A trader who owns shares of a stock currently trading at $100 per share places a "GTC, stop $90, limit $85 sell" order (GTC means good till cancelled). Assuming the specified stop condition is satisfied and the order becomes executed, which of the following statements is most accurate?

A、 The trader faces a maximum realized loss of $15.
B、 The order becomes a market order when the price falls below $85 and remains valid for execution.
C、 The order will be executed at either $90 or $85.

【正确答案】 A

【答案解析】

The order becomes valid when the price falls to, or below, $90. The "limit $85 sell" indicates that the trader is unwilling to sell below $85. Thus, the trader faces a maximum loss of $15 ($100 - $85).