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Author Question: CME Corn Futures - Quotes MonthLastChangePrior SettleOpenHighLowVolumeJuly658'0 ... (Read 76 times)

bobbysung

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CME Corn Futures - Quotes
MonthLastChangePrior SettleOpenHighLowVolume
July658'0 a+4'6653'2654'0660'6652'045,021
Sept.577'6-1'2579'0579'0583'6572'656,200
Dec545'0-1'4546'4546'4551'0541'475,414
The table above shows information on CME Corn Futures contracts. Prices are shown in cents per bushel, with a minimum tick size of 1/4 cent per bushel. There are 5,000 bushels per contract. You have a short position in one September Corn futures contract. As shown in the Prior Settle column, the futures price at the close of trading yesterday was $5.79. The balance in your margin account was $2,895. If at the end of today the settlement price for corn futures is $5.7475, then what is your daily profit?
◦ $62.50
◦ $212.50
◦ $2,682.50
◦ $3,107.50


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Marked as best answer by bobbysung on Apr 25, 2021

fromAlphatoOmega22

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bobbysung

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Reply 2 on: Apr 25, 2021
Excellent


tuate

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Reply 3 on: Yesterday
:D TYSM

 

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