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I need help with these questions ASAP please!!! Q1. On SEP 3 2018 the JUL 2019 WTI futures is traded on NYMEX for $73/barrel and
I need help with these questions ASAP please!!!
Q1. On SEP 3 2018 the JUL 2019 WTI futures is traded on NYMEX for $73/barrel and the SEP WTI futures on NYMEX is traded for $76/barrel. A speculator decides to open a Calendar spread. The speculator expects the Spread to widen relative to the current spread. 1.1 What futures positions are opened by the speculator on SEP 3 2018? 1.2 On JUN 2 2019 the JUL 2019 WTI futures on NYMEX is traded for $81/barrel and the SEP 2019 WTI futures on NYMEX is traded for $85/barrel. What positions must the speculator take in order to exit the market? 1.3 Calculate the speculator's per barrel profit/loss. Q2. With the same data as in Q1 and the same speculator opened the position in 1.1. 2.1 On MAY 2 2019 the JUL 2019 WTI futures on NYMEX is traded for $70/barrel and the SEP 2019 WTI futures on NYMEX is traded for $71/barrel. What positions must the speculator take in order to exit the market? 2.2 Calculate the speculator's per barrel profit/loss. Q3. With the same data as in Q1. above, another speculator expected the spread to narrow. 3.1 What futures positions are opened by the speculator on SEP 3 2018? 3.2 On MAY 2 2019 the JUL 2019 WTI futures on NYMEX is traded for $70/barrel and the SEP 2019 WTI futures on NYMEX is traded for $75/barrel. What positions must the speculator taketake in order to exit the market? 3.3 Calculate the speculator's per barrel profit/loss. Q4. With the same data as in C11. above, and the same position opened by the speculator from C13. 4.1 On MAY 2 2019 the JUL 2019 WTI futures on NYMEX is traded for $70/barrel and the SEP 2019 WTI futures on NYMEX is traded for $71/barrel. What positions must the speculator take in order to exit the market
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