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Finra Series-6 Exam - Topic 1 Question 120 Discussion

The stock of Nutrisystem, Inc. (NTRI) is selling for $17.70 when Miss Piggy places a limit order to buy the stock at $17.65. During the period the order is open, NTRI falls to $17.60 and then increases to $17.67.Which of the following statements is most likely to be true in this scenario?
B) Miss Piggy bought the stock for no more than $17.65 a share.
A) Miss Piggy bought NTRI at $17.67 a share.
C) Miss Piggy bought the stock for no more than $17.60 a share.
D) Miss Piggy bought the stock for $17.66 a share.

Finra Series-6 Exam - Topic 1 Question 120 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 120
Topic #: 1
[All Series-6 Questions]

The stock of Nutrisystem, Inc. (NTRI) is selling for $17.70 when Miss Piggy places a limit order to buy the stock at $17.65. During the period the order is open, NTRI falls to $17.60 and then increases to $17.67.

Which of the following statements is most likely to be true in this scenario?

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Suggested Answer: B

If Miss Piggy placed an order to buy the stock of Nutrisystem (NTRI) at $17.65, the statement most likely to be true is that she bought the stock for no more than $17.65. A limit order specifies the maximum price she's willing to pay, and her order would not be executed at any price higher than $17.65. It is possible, but highly unlikely, that her order would be executed for as low as $17.60 a share.


by Kristeen at Jul 21, 2026, 11:44 PM

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Mendy
1 day ago
Totally agree, she would have bought at $17.65 max!
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Mari
6 days ago
Wait, how can she buy at $17.66 if her limit is $17.65?
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Tora
11 days ago
I think she got it for $17.60 or less.
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Cyril
17 days ago
She definitely didn't buy at $17.67.
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Barbra
22 days ago
Miss Piggy's limit order is at $17.65.
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Casandra
27 days ago
I thought limit orders only execute at the limit price or better, so maybe C is misleading? I think B makes the most sense.
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Emeline
1 month ago
This kind of question seems familiar; I think the limit order means she wouldn't have bought it at $17.67, so A can't be right.
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Elbert
1 month ago
I'm not entirely sure, but I feel like if the stock never hit $17.65, she wouldn't have bought it at all.
upvoted 0 times
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Bobbye
1 month ago
I remember that with a limit order, you can only buy at your specified price or lower, so I think B is the right choice.
upvoted 0 times
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