Suppose you sell five March 2012 silver futures contracts on November 22, 2011, at the last price of the day. Use Table 25.2. What will
Suppose you sell five March 2012 silver futures contracts on November 22, 2011, at the last price of the day. Use Table 25.2.
What will your profit or loss be if silver prices turn out to be $31.65 per ounce at expiration? (input amount as a positive value. Do not round intermediate calculations.) $
What will your profit or loss be if silver prices are $30.84 per ounce at expiration? (Input the amount as a positive value. Do not round intermediate calculations.) $
Data on Futures Contracts,Tuesday November 22, 2011 Futures Contracts wSJ.com/commodities Metal &Petrolaum Futures Copper-High (CHCX)-25,000 lbs,$per lb. Gold (CMX)-100troy oz: $ per troy oz. Open High hi lo Low Settle Chinterest Coffee (ICE-US)3750b,; cents per lb. 231.95 232.20 2.00 220 March'12 238.25 238.55236.10 237.00 1.85 56,905 3.2915 3.2990 -0.1030 3.2885 3.3195 -0.1010 60,453 Sugar World CE-US)-12,000 lbs; centsper lb ree 23.86 24.09 1674.40 1678.30-46.40 23.69 23.80 85,298 725.10 1727.40 1667.10 1678.60 -46.50 178,364 Sugar-Domestic CICE-US)-112,000 lbs; cents per lb. 1670.50 1681.60 -46.30 141,062 Jan 1675.00 1684.50-46.00 23,732 May 1678.20 1686.60 -46.00 20,450 Cotton (ICE-US)-s0,000 lbs, cents per lb 1683.40 1694.10-46.20 miNY Gold (CMX)-50troy 02.: March 12 93.44 93 1723.75 1726.50 1667.75 1678.60 -46.40 2,447 Orange Juice (aCE-US) 1S,000 lbs.; cents per lb. Feb'12 1720.00 1728.00 1675.25 1681.60 1692.50 1684.50 -46.00 76.90 178.55 1.65 172.45 .75 700.00 1700.00 1700.00 1694.10 -46.15 Interest Rate Futures Treasury Bonds (CET) $100,000; pts 32nds of 100% 600.35 605.25 582.20 585.80 -19.35 11,174 Platinum (NYM)-SOtroy oz: $per troy oz. 42-190 143-120 25.0 25,320 1538.50 1543.80 -44.90 33,853 Treasury Notes (CET)-$100,000; pts 32nds of 100% 4,589 Dec 89 Ire Silver (CMx-5,000 troy oz:$ per troy oz. 129-230 129-285 March'12129-230 130-020 5Yr. Treasury Notes (CET)-$100,000; pts 32nds of 100% Dec 122-305 123-040 122-305 123-005 2.5 March 12122-235 122-252122-190 122-215 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% March'12 32.250 32.305 1,237,738 miNY Slver 0.675 31116 -1.297 March'12 32.288 32.288 603 March 1 95,480 De Crude O11, Light Sweet NYMO-1,000 bbls: $per bbl. an 110-045 110-060 (CET)-$5,000,000; 100-daily avg. 22.89 951-0.64 78828 30 Day Federal Funds 99.905 99.91599.905 99.910 62,081 94.45 95.930.36 16692 10Yr. Int. Rate S 10Yr. Int. Rate Swaps (CBT)-$100,000; pts32nds of 100% Dec'13 91.96 92.89 92.55 16.135 116.160 116.075 116.110 Heating OI No. 2NY42,000gal Sper gal. Gasoline-NY RBOB (NYMO-42,000gaL: Sper gal. Natural Gas ONYMO-10,000 MMBtu.: $ per MMBtu i Month Libor (CND. $3,000,000, pts of 100% Dec 99.6450 99.6650 99.6450 99.6575 .0075 an'12 99.5850 99.5850 99.5575 99.5625 0225 Eurodollar (CME)-$1,000,000; pts of 100% Dec 99.3400 99.3425 99.3200 99.32500150 1,067,264 March'12 99.2050 99.2050 991650 99.1750-0250 964,07 June 99.1900 99.195099.1400 99.1500.0350 1,166,231 March'13 99.2000 99.2050 99.1600 99.16500300 806,301 2.9683 2.9943 -0382 2.9778 3.0043 .0370 81,760 J 2.4898 2.5064 2.4890 .0106 3.329 3.440 3.285 3.399 .083 75,705 Jan'12 3.505 3.589 7 3.461 3.558 .062 292,169 3.511 3.602 3.478 3.573 061 85,312 Currency Futures 066 107,430 Japanese Yen (CHE). 2.500,000; $ per 100 3.493 3.493 1.2994 1.3004 0004 146,760 Canadian Dollar (CME-CAD 100,000:$per CAD Agriculture Futures 5,000 bu.; cents per b March'12 9700 British Pound (CME)-E62.500: $per 600.50 605.00 Ethanol (CBT)-29,000gal: $per gal 1.5605 15641 -0139 156,873 1.5596 1.5626 .0140 Swiss Franc (CME)-CHF 125,000: $ per CHF 2.302 1.0863 1.0912 001 298.50 300.00 294.00 295.00 -9.00 10,744 Australian Dollar March'12 300.00 305.75 (CME)-AUD100,000: $ per AUD 5.00 1148.00-20.25 236,682 155.25 1158.00 -20.25 84,844 an Mexican Peso (CME)-MXN S00,000: $ per 10MXN Soybean Meal (CBT) 100 tons: $ pert 07080 .07075 -.00143 37,587 289.50 289.60 -8.80 298.90 299.40 291.00 29130 -9.00 50,359 Buro 9 Euro (CME)-125,000:S per Soybean Oil (CBT)-60,000 lbs; cents per lb 430 1.34960017 450 1.3512 99 85,760 Index Futures 681DIndustrial Average (CBT) S10 xindex ,e 11525 1445.00 1445.50 Mini DJIndustrial Average (CBT) $S x inde S&P S00 Indax (CME)-S250 x inde Mini S&P S00 (CME)-$50 x index Mini S&P Midcap 400 (CME)-$100 x index Nasdaq 100 (CME)-$100 x i Mini Nasdadi0 2.0 Mini Russell 2000 ICE-US)-$100 x index 600.50 609.00-5.7 360 11455 Wheat (Kc)-S,000 bu,; cents per bu 615 Dec 1208.00 1209.00 859.00 862.50 -12.75 18,588 March'12 1203.50 1203.50 1175.00 1185.00 -23.00 46,898 Cattle-Feeder (CME)-50,000 lbs.: cents per lb lbs.;cents per lb. 2248.00 2248.00 2186.00 2213.50 02 Hogs-Lean (CME)-40,000 lbs: cents per lb Feb'12 90.975 91.500 Lumber (CME)110,000 bd.ft. $per 1.000 bd.ft 21870 2213.5 2184.5 2209.3 90.400 91.000 5 87,091 246.50 1.00 60 2.193 Mini Russell 1000 aCE-Us)-$100 x index Milk (CME)200,000 lbs., cents p U.S. Dollar Index (ICE-US)-$1.000 x index 21 CE-US)-10 metric tons:>per 2,264 March'12 2,440 2,440
