3. The initial margin for bitcoin futures at the CBOE futures exchange is 44% and the maintenance margin is 40%. One contract is for the delivery of one bitcoin. Suppose that you bought ten contracts for delivery on January 18, 2018, on December 14. The spot price on the purchase day was $16,423 and the futures price $17,055. If the bitcoin spot price on the next day, December 15, falls to $13,653 and the futures price for January delivery falls to $13,762, then your account will be debited for $ and you will receive a margin call for adding $ to your account. 3. The initial margin for bitcoin futures at the CBOE futures exchange is 44% and the maintenance margin is 40%. One contract is for the delivery of one bitcoin. Suppose that you bought ten contracts for delivery on January 18, 2018, on December 14. The spot price on the purchase day was $16,423 and the futures price $17,055. If the bitcoin spot price on the next day, December 15, falls to $13,653 and the futures price for January delivery falls to $13,762, then your account will be debited for $ and you will receive a margin call for adding $ to your account