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If a client went short 5 Mar crude @ $50.00 and closed his position @ $53.00 Contract Name: Crude oil mar contract Contract Size: 1000

If a client went short 5 Mar crude @ $50.00 and closed his position @ $53.00

Contract Name: Crude oil mar contract

Contract Size: 1000 barrels

Minimum price increment: $0.01

Margin Requirement: $5000

Current price: $50 per barrel

a.

Loss $3,000

b.

Loss $15,000

c.

Profit $15,000

d.

Profit $3,000

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