You enter 30 short contracts in the SPI200 futures, when the futures are quoted at F = 5800. Several weeks later, when you close out this position, the SPI200 futures are quoted at F = 5500. What is the profit or loss on your futures trading?

Select one:

$9,000 profit

$9,000 loss

$225,000 profit

$225,000 loss

Impossible to determine without knowing the dividend yield on the market portfolio and the riskfree rate of interest.