Question
An investor takes a short position in one E-mini SP500 futures contract Each contract delivers $50 times the SP500 index. Suppose that the SP500 index
An investor takes a short position in one E-mini SP500 futures contract Each contract delivers $50 times the SP500 index.
Suppose that the SP500 index changes from 3,860.00 to 3,986.50.
How much does the investor gain or loses?
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
