Question
Suppose you sell seven August 2020 gold futures contracts one week ago, at a price of $1516 per ounce. The contract size of the futures
Suppose you sell seven August 2020 gold futures contracts one week ago, at a price of $1516 per ounce. The contract size of the futures is 100 ounce. If the spot gold price is $1745 and the gold futures price is $1710 today, what is your total profit or loss from this futures contract?
| -271600 | ||
| -160300 | ||
| 135800 | ||
| -135800 | ||
| 160300 |
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The Little Book Of Market Myths: How To Profit By Avoiding The Investing Mistakes Everyone Else Makes
Authors: Kenneth L. Fisher
1st Edition
1118445015, 978-1118445013
