Buy 200 shares at $50 = $10,000 position
Borrow 50%, investment of
$5,000
If price increases to $60, position
[size=156%]–Value is
$12,000
[size=156%]–Less
- $5,000 borrowed
[size=156%]–Leaves
$7,000 equity for a
[size=156%]–$7,000/$12,000 = 58% equity position