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UAL fears that oil prices will go up. Considering below information, what is the optimal number of futures contracts UAL should buy? 1 pts Correlation

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UAL fears that oil prices will go up. Considering below information, what is the optimal number of futures contracts UAL should buy? 1 pts Correlation between oil spot and future prices 0.97 Standard deviation of al futures Standard deviation of oil spot prices 4 Ol futures contract size 2 Galons needed by UAL 42,000 Please state your answer as an integer (ile. you cannot buy 1.2 contracts, it is either 1 or 2 contracts gallons 7068,514 gallons

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