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Consider the following table of trades in the 7225 call option on the SP1200 futures contract. What trade is required to close out this

  

Consider the following table of trades in the 7225 call option on the SP1200 futures contract. What trade is required to close out this position if that trade was made on the same day the above trades were made? Number of contracts traded Premium (points) -200 (ie short 200 12.6 contracts) 150 (ie long 150 14.9 contracts) -250 12.1 150 9.1 -100 20.0

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