Corn (CBT)-5,000 bu.; cents per bu LIFETIME Open 380.50 386.25 376.50 377.50 4.00517.00 394.00399.75389.50 390.254.75523.25 402.25408.25 398.00 398.7575527.25 408.75414.50404.25 405.25.75 534.00 414.00 418.25 408.75 410.00 .00511.00 421.25426.50417.25 418.254.50504.00 430.25 435.00426.00 427.00.75510.75 436.50 441.00432.50 433.50 .50512.00 443.00 446.75438.50 438.75.25515.75 436.50 436.50 430.75 430.75-4.00498.25 427.75432.00424.25 424.75 .25 490.00 420.50 421.00 414.75 415.25 4.25 474.50 High Dec 14 Mar 15 May 15 Jly 15 Sep 15 Dec 15 Mar 16 May 16 Jly 16 Sep 16 Dec 16 Dec 17 Low Settle Chg High (A7) Low Open Int 16,325 671,001 157,796 140,167 29,229 157,271 23,371 1,774 2,640 736 6,655 415 318.25 330.50 339.25 346.75 354.25 364.25 374.25 381.25 387.50 388.00 390.00 402.00 We did several examples in class with the Mar 15 contract. Recall that the Settlement price on the November 21st listing we used in class was 385.25 a) Suppose you had taken long position in the Mar 2015 contract on November 21st. How much would you have had to post as margin, on Nov 21, assuming a 20% margin requirement? b) By how much (SS$ and cents) would your margin account have changed between Nov 21 and Dec 8? what is the % change in your margin account? (effectively, your Nov 21 to Dec 8 HPR). Round out to xx.vvv% or .xxyyy c) Corn (CBT)-5,000 bu.; cents per bu LIFETIME Open 380.50 386.25 376.50 377.50 4.00517.00 394.00399.75389.50 390.254.75523.25 402.25408.25 398.00 398.7575527.25 408.75414.50404.25 405.25.75 534.00 414.00 418.25 408.75 410.00 .00511.00 421.25426.50417.25 418.254.50504.00 430.25 435.00426.00 427.00.75510.75 436.50 441.00432.50 433.50 .50512.00 443.00 446.75438.50 438.75.25515.75 436.50 436.50 430.75 430.75-4.00498.25 427.75432.00424.25 424.75 .25 490.00 420.50 421.00 414.75 415.25 4.25 474.50 High Dec 14 Mar 15 May 15 Jly 15 Sep 15 Dec 15 Mar 16 May 16 Jly 16 Sep 16 Dec 16 Dec 17 Low Settle Chg High (A7) Low Open Int 16,325 671,001 157,796 140,167 29,229 157,271 23,371 1,774 2,640 736 6,655 415 318.25 330.50 339.25 346.75 354.25 364.25 374.25 381.25 387.50 388.00 390.00 402.00 We did several examples in class with the Mar 15 contract. Recall that the Settlement price on the November 21st listing we used in class was 385.25 a) Suppose you had taken long position in the Mar 2015 contract on November 21st. How much would you have had to post as margin, on Nov 21, assuming a 20% margin requirement? b) By how much (SS$ and cents) would your margin account have changed between Nov 21 and Dec 8? what is the % change in your margin account? (effectively, your Nov 21 to Dec 8 HPR). Round out to xx.vvv% or .xxyyy c)
