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QUESTION 7 Consider the following table of trades in the 7025 call option on the SP1200 futures contract. What trade is required to close out

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QUESTION 7 Consider the following table of trades in the 7025 call option on the SP1200 futures contract. What trade is required to close out this position if that trade were made on the same day these trades were made? Number of contracts traded Premium (points) Open Position Total Premium Received / (Paid) -100 (ie short 100 contracts) 17.6 150 (ie long 150 contracts) 21.9 -250 4.1 150 9.1 -100 20.0 a. Sell 150 7025 Call option contracts on the SP1200 b. Buy 150 SP1200 futures contracts C. Sell 150 7025 Put option contracts on the SP1200 d. Buy 150 7025 Call option contracts on the SP1200

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