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Three days ago, you entered into a futures contract to sell 62,500 at $1.50 per . Over the past three days the contract has settled

Three days ago, you entered into a futures contract to sell 62,500 at $1.50 per . Over the past three days the contract has settled at $1.50, $1.52, and $1.54. How much have you made or lost?

Lost $0.04 per or $2,500

Lost $0.06 per or $3,750

Made $0.04 per or $2,500

none of the options

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