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Suppose you purchase two September 2020 cotton futures contracts on this day, at a price of $4.357 per bushel. The contract size of the futures
Suppose you purchase two September 2020 cotton futures contracts on this day, at a price of $4.357 per bushel. The contract size of the futures is 20 bushel. What will your profit or loss be if corn prices turn out to be $6.281 per bushel at expiration?
-76.96 | ||
3.848 | ||
153.92 | ||
-38.48 | ||
76.96 |
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