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1 You shorted 10 WTI futures that matures in 3-months. The contract size is 1,00 barrels 2 and the delivery price is at $82.5 when

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1 You shorted 10 WTI futures that matures in 3-months. The contract size is 1,00 barrels 2 and the delivery price is at $82.5 when you entered the position. The initial margin is 3 $6,400 per contract and the maintenance margin is $5,100 per contract. 4 A. What is your leverage ratio? 5 B. The futures price for the next 3 days are: $81.15, $83.2 and $84.8. Show your margin 6 account balance for each of the 3 days. Would you get a margin call in any of the 3 days? 7 R

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