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( 7 points ) Suppose now is the delivery time of Sep 2 0 2 4 Silver futures contract. The Silver futures is currently trading

(7 points) Suppose now is the delivery time of Sep 2024 Silver futures contract. The Silver futures is currently trading at $32.92oz, while in spot market, silver commodity is trading at $31.75oz. Ignore the commission fee, is there arbitrage opportunity?
A) Yes. Long silver future contract and sell silver in spot market.
B. Yes. Buy silver and short silver future contract. $2.92
C. No. There is no arbitrage opportunity.
D. Not enough information.
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