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Each Crude oil futures contract is for 1,000 barrel. Dave bought one contract, and Diana sold one contract. The futures contract price closed today at
Each Crude oil futures contract is for 1,000 barrel. Dave bought one contract, and Diana sold one contract. The futures contract price closed today at $1.00 lower than yesterday.
What changes will be made in their brokerage margin accounts?
Dave Diana
Innie +1,000 +1,000
Minnie -1,000 +1,000
Miney +1,000 -1,000
Moe -1,000 -1,000
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Innie
Minnie
Miney
Moe
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