[Solved] Mike Horton takes a short position in ten

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Mike Horton takes a short position in ten March 2 0 2 4 SRW Wheat contracts ( ZWH 4 ) at a price of 5

Mike Horton takes a short position in ten March

2024

SRW Wheat contracts

(

ZWH

4)

at a price of

593

cents per bushel. If he closes out his position a couple of week later when the price is

608

cents per bushel, what will be his gain or loss on his total position of

10

contracts?

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