You purchased 12 May wheat (CBT) futures contracts at the Open today. What is your total profit or loss on these contracts at the end of day? (1 points)

Open High Low Settle Chg Open Interest

Wheat (CBT) 5,000 bu.; cent per bu.

March 784.50 784.75 766.00 775.75 -6.75 3,495

May 819.50 823.25 797.25 810.25 -6.75 200,452

Ans: _________________________________________

If you held 21 Aug contracts, what is the total dollar value of your futures position? What is your profit or loss on this day? (2 points)

Open High Low Settle Chg Open Interest

Gold(CMX)-100troy oz.;$per troy oz.

June 1413.30 1437.10 1411.30 1432.70 21.40 68,083

Aug 1415.50 1438.60 1415.40 1434.10 21.50 22,941

Dec 1417.00 1441.30 1417.00 1436.90 21.50 27,444

Total position value:________________________________

Profit/Loss: _________________________________________

You are short 8 May Soybean futures contracts. What is your profit or loss on this day? (1 points)

Open High Low Settle Chg Open Interest

Soybeans (CBT) -5,000 bu; cents per bu.

March 1252.50 1261.75 1245.50 1255.00 3.00 139,649

May 1260.50 1269.00 1253.00 1262.50 2.50 167,160

Ans: _________________________________________