You sell 20 April soybean contracts at 882. The contract is defined as 5,000 bushels, cents...
You sell 20 April soybean contracts at 882. The contract is defined as 5,000 bushels, cents per bushel, $1300, $800. You close out in April at 883. Your profit (loss) on this transaction is $__
($1,300 = initial margin amount, $800 = maintenance margin amount)
Homework Answers
Your profit (loss) on this transaction is
=5000*20*(882-883)
=-100000 cents or -1000 dollars
answer is loss of $1,000
the above will be answer..
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You sell 20 April soybean contracts at 882. The contract is
defined as 5,000 bushels, cents...
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this is related to the previous question that i posted
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