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Q1. The following is the entire position of Ms. JD on OCT 1, 2020: Futures price when opened position on Jul 2020 Futures price on

Q1.The following is the entire position of Ms. JD on OCT 1, 2020:

Futures price when opened position on Jul 2020 Futures price on OCT 1, 2020

LONG 10 JUL 2021 WTI(CRUDE OIL)*, NYMES FUTURES. $65/barrel$64/barrel

SHORT 25 SEP 2021 WTI(CRUDE OIL)*, NYMEX FUTURES,$65.50/barrel $64.75/barrel

SHORT 50 DEC 2020 NATURAL GAS**,NYMEX FUTURES,$5.35/unit $5.00/unit

LONG 100 DEC 2020 GOLD***, NYMEX FUTURES, $1,550/ounce $1,565/ounce

SHORT 7,500 MAR 2020 WHEAT****, CBT FUTURES. $3.5/bushel $3.40/bushel

*1,000 barrels per contract

**10,000 units per contract

***100 ounce per contract

****5,000 bushels per contract.

Ms. JD closed her entire position on OCT 1, 2020.

Calculate her total profit/loss taking into accounting ONLY the price difference.

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