Contract Size = 100

Initial Margin = 50%

Maintenance Margin = 25%

If you take your predetermined long position on Oct. 11, 2021 in your specific contract at the lowest price of the day and you keep the futures contract until maturity:

1) What is the initial margin you need to deposit?

2) What is the maintenance margin for your contract?

3) At what price would you have a margin call?

4) Prepare the table showing the balances of your margin account and the daily gains (losses) to show how marking to market (daily settlement process) has worked for you.

5) What is your profit/loss when you close out your long position on Oct. 11, 2021?

6) What does the change in open interest number on Oct. 25, 2021 mean for your contract?

HIGHEST PRICE SETTLEMENT PRICE 162.77 PREVIOUS SETTLEMENT PRICE 155.85 162.77 OPENING PRICE 155.85 LOWEST PRICE 155.84 161 CLOSING PRICE 162.81 162.86 163.1 TRADED VALUE 83878125 110562049 TRADED VOLUME 5246 6764 OPEN POSITION 6350 6449 OPEN POSITION CHANGE -75 164.67 99 163.08 179.36 171.68 162.5 163 179.38 179.38 163.08 179.36 162.88 170.3 445298043 421311864 25563 24068 2244 -981 179.38 182.86 171.44 166.7 8693 7712 7504 7704 166.96 171.44 174.5 167.6 TRADE DATE 11.10.2021 12.10.2021 13.10.2021 14.10.2021 15.10.2021 18.10.2021 19.10.2021 20.10.2021 21.10.2021 22.10.2021 25.10.2021 26.10.2021 27.10.2021 166.51 EXPIRATION DATE 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 27.10.2021 171.68 166.96 167.6 166.4 165.96 167.88 169.1 175.3 170.89 167.88 7485 170 -208 200 -219 -397 303 7088 177.67 190 187.97 189.24 189.02 188.2 170.89 177.67 190 187.97 189.24 189.02 170 176.07 185.51 185.23 188.5 178.17 195.02 192.8 193.4 177.47 189.49 187.34 190.5 189.71 192872827 110612450 230588517 148911598 492992883 236406224 192965220 101926966 88845765 11352 6609 13354 8593 26417 12521 10102 5359 167.69 171.17 177.47 189.49 187.8 189.22 189.29 187.3 -104 7391 7287 6359 193 5588 4605 -928 -771 -983 187.2 194.52 4670