How can I calculate the margin per contract for futures? i have 100,000 available I want to use 60% to hedge This is the order I want to calculate the margin per contract for : WTI Crude oil (CLQ3, August 2023) Contract Size: 1000.0 Tick Size: 0.01 Tick Value: $10 Last Price: $76.31 Notional Value of Order: $76,310.00 Margin committed to trade: $6,380.00 Please tell me how I can calculate step by step I am doubting my methods and I am confused .