You hedge your exposure by selling 200 Eurodollar futures at 98.15. You take it into expiry. Libor fixes at 1.90%. What describes the process?

A. You make $25,000 on your hedge which is cash settled

B. You lose $25,000 when you deliver the physical Libor loan

C. You lose $250 on oyur hedge because you have to borrow at 1.90%

D. You make $250 on your hedge which is cash settled