The following question has to do with the S&P 500 E-Mini futures contract. Contract Size $50 X S&P Index Price Quotation SAP 500 Index Minimum Price Fluctuation 0.25 Index points Settlement Method Cash Settled Maintenance Margin $9,700 Initial Margin $10,670 Current market prices are: Contract Month Quote Volume December 2820 3,121.75 1,562,230 March 2021 3,121.75 7,505 June 2021 3,120.50 994 September 2021 3,111.75 150 You believe that the market is going to fall. You have decided to trade 15 of the December 2020 contract. Do you go long or short? long short How much margin do you need to post? Question Help: Message instructor Submit Part