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Question 6 0/ 1 pts Contract Nov, Heating Oil, 42,000 gal, $ and cents/gal Nov, Crude oil, 1,000 bbls. $ and cents/bbl Open High Low
Question 6 0/ 1 pts Contract Nov, Heating Oil, 42,000 gal, $ and cents/gal Nov, Crude oil, 1,000 bbls. $ and cents/bbl Open High Low Close 4.25 6.83 3.61 5.82 121.08 135.07 110.73 131.15 You take a short position in 5 contracts of crude oil at a price of 115.54. At the end of the day, you close your position. What is your profit or loss? Answer should be formatted as a number with 2 decimal places (e.g. 99.99). Question 6 0/ 1 pts Contract Nov, Heating Oil, 42,000 gal, $ and cents/gal Nov, Crude oil, 1,000 bbls. $ and cents/bbl Open High Low Close 4.25 6.83 3.61 5.82 121.08 135.07 110.73 131.15 You take a short position in 5 contracts of crude oil at a price of 115.54. At the end of the day, you close your position. What is your profit or loss? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)
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