Question
Suppose that we short one Jan 2024 Henry Hub Natural gas contract at 5.878. We close our position by buying a Jan 2022 Henry Hub
Suppose that we short one Jan 2024 Henry Hub Natural gas contract at 5.878.
We close our position by buying a Jan 2022 Henry Hub Natural gas contract two weeks later at a 5.898.
What is our total profit or loss?
| A. | Profit of $20.00 | |
| B. | Profit of $200.00 | |
| C. | Loss of $20.00 | |
| D. | Loss of $200.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
