Question
An investor sold five S&P500 Index futures contracts at a futures price of 2,000. If the final settlement price of the S&P500 Index futures is
An investor sold five S&P500 Index futures contracts at a futures price of 2,000. If the final settlement price of the S&P500 Index futures is 2,040, what is the profit/loss to this investor? The contract has a multiplier of $250.
She lost $10,000
She lost $12,500
She lost $50,000
She made $40
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The 30 Minute Stock Trader
Authors: Laurens Bensdorp
1st Edition
1619615738, 978-1619615731
