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Calculate the per-contract profit or loss in each of the contracts. As part of the write-up, you will be required to correctly cite2 at least
Calculate the per-contract profit or loss in each of the contracts. As part of the write-up, you will be required to correctly cite2 at least one financial news article (WSJ, Economist, Financial Times, Internet article, etc) for each of the commodities when explaining the price movement over the 2 weeks period. Please do not cut and paste market commentary.
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Dec 2021 CME Corn (code ZCZ21) 5,000 bushels Go Long
Price change:
Corn | corn | WTI Oil | |
10/12/21 | 522'4 | 4340.75 | 79.92 |
10/13/21 | 512'2 | 4355.00 | 79.82 |
10/14/21 | 516'6 | 4429.00 | 80.77 |
10/15/21 | 525'6 | 4462.50 | 81.73 |
10/16/21 | |||
10/17/21 | |||
10/18/21 | 532'6 | 4477.50 | 81.69 |
10/19/21 | 530'2 | 4511.25 | 82.44 |
10/20/21 | 539'2 | 4528.00 | 83.42 |
10/21/21 | 532'2 | 4541.75 | 82.50 |
10/22/21 | 538'0 | 4536.50 | 83.76 |
10/23/21 | |||
10/24/21 | |||
10/25/21 | 538'0 | 4558.00 | 83.76 |
10/26/21 | 543'4 | 4565.25 | 84.65 |
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