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The EURBOR futures are quoted on the ICE as ( 1 0 0 - r ) . The tick value of Euribor futures is 2

The EURBOR futures are quoted on the ICE as (100- r). The tick value of Euribor futures is 25 per bps. If you traded 5 lots of the Euribor futures Sep23-Dec23 contract as under what would be your P/L? ENTRY PRICES (you went shot the Sep23-Dec23 spread )
Contract Price
Sep 2396.0650
De 2395.9950
EXIR PRICES
Contract PRices
Sep23-Dec 230.1250
Options
a)Profit of 687.50
b)Loss of 687.50
c)Profit of 137.50
d)Losss of 1375.00

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