Question
Suppose you bought 1 NYMEX Henry Hub Natural Gas Futures Contract expiring in Dec 2020 at price $3.600 per MMBtu. FYI, one contract has 10,000
Suppose you bought 1 NYMEX Henry Hub Natural Gas Futures Contract expiring in Dec 2020 at price $3.600 per MMBtu. FYI, one contract has 10,000 MMBtu as the underlying quantity of the natural gas. If you have to post $2,000 USD as the margin to trade this contract, what is the leverage ratio of your position?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
