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6. Consider the following data: Monday, November 10, 2015 Open Interest Reflects Previous Trading Day Lifetime Open Open High Low Settle Change High Low Interest

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6. Consider the following data: Monday, November 10, 2015 Open Interest Reflects Previous Trading Day Lifetime Open Open High Low Settle Change High Low Interest GRAINS AND OILSEEDS CORN (CST) 5,000 bu.; cents per bu. Dec 15 32674 327% 325 326% + 4 396% 31572 8,217 Mar 16 33774 338 336% 338 + 1 402% 32744 90,300 May 16 344% 345% 344% 345% + 1 406% 335 34,581 July 16 350% 352% 350% 352 +1% 408% 341% 45,286 Sept 16 350% 35274 350% 352 + 1%4 387% 34074 5,776 Dec 16 349% 352 349% 352 + 272 375 342% 16,739 6A. If you had purchased two March 2016 futures contacts for 326% and sold it at the settlement price, what would be your profit or loss on the trade? 6B. If you had sold one May 2016 futures contract for 339% and offset at the settlement price, what would be your profit or loss on the trade? 6C. If you purchased two July 2016 futures contract at the open and sold it at the high price of the day, what would be your profit on the trade

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