Mike Bought 200 Shares of EG Stock Two Years Ago

Multiple Choice

Mike bought 200 shares of EG stock two years ago at $16 per share. The shares have traded in a range of $21 to $44 a share over the past year. EG is now selling for $43.60 a share. EG announces its earnings today and Mike feels the shares could go to $60 on good news or fall to $30 on bad. To protect his profits, the most appropriate order for him to place is

A) a stop- loss order at $42.
B) market order to sell immediately.
C) a stop- limit order to sell at $45.
D) a limit sell order at $60.00.