You enter into a short crude oil futures contract at $49 per barrel. The initial margin is $3,376 and the maintenance margin is $2,401. One
You enter into a short crude oil futures contract at $49 per barrel. The initial margin is $3,376 and the maintenance margin is $2,401. One contract is for 1,000 barrels of oil. By how much do oil prices have to change before you receive a margin call?
Group of answer choices
47.98
46.98
50.98
49.98
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Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
