Author Question: CME Silver Futures - Quotes MonthLastChangePrior ... (Read 63 times)

elizabeth18 · **on:** Apr 25, 2021

CME Silver Futures - Quotes

Month	Last	Change	Prior Settle	Open	High	Low	Volume
Sept.	19.275	+0.722	18.553	18.480	19.440	18.170	59,465
Dec	19.390	+0.792	18.598	18.565	19.480	18.215	2,795
Mar	19.415	+0.766	18.649	18.600	19.415	18.600	729

The table above shows information on CME silver futures contracts. Prices are shown in cents per troy ounce, with each contract calling for the delivery of 5,000 troy ounces. You have a long position in five December silver futures contracts. As shown in the Prior Settle column, the futures price at the close of trading yesterday was $18.598. The balance in your margin account was $1,115. Today the settlement price for silver futures is $19.490. What is your daily profit?
◦ $4,460
◦ $19,800
◦ $22,300
◦ $23,415

abctaiwan · **Reply #1 on:** Apr 25, 2021

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