You are given an array prices where prices[i] is the price of a given stock on the ith day.

You want to maximize your profit by choosing a single day to buy one stock and choosing a different day in the future to sell that stock.

Return the maximum profit you can achieve from this transaction. If you cannot achieve any profit, return 0.

Example 1:

Input: prices = [7,1,5,3,6,4]
Output: 5
Explanation: Buy on day 2 (price = 1) and sell on day 5 (price = 6), profit = 6-1 = 5.
Note that buying on day 2 and selling on day 1 is not allowed because you must buy before you sell.

Solution

class Solution:
    def maxProfit(self, prices: List[int]) -> int:
        
        maxProfit = 0
        
        lowest = prices[0]
        
        for price in prices:
            if price < lowest:
                lowest = price
                
            profit = price - lowest
            maxProfit = max(maxProfit, profit)
            
        return maxProfit
  • Keep track of max profit
  • Start by setting the lowest price as the first element of the array (price on day 1)
  • Iterate through the daily prices
    • For a given price, if it’s lower than the lowest price we’ve seen before, update the lowest price
    • Calculate the profit of this day by calculating price - lowest
    • Compare this to the maximum profit we’ve seen, if it is more then we can update

Some things to note:

  • If the if price < lowest is triggered, the profit is zero for that day
  • Since we are finding the lowest amount based on our traversal of the array, we don’t have to deal with issues with selling before buying (there’s probably a better way to explain this)