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Author Question: Eric has just purchased a heating oil contract at $2.05 per gallon. The contract size is 21,000 ... (Read 107 times)

olgamartinez04

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on: Mar 29, 2022

Question 1

Eric has just purchased a heating oil contract at $2.05 per gallon.  The contract size is 21,000 gallons. Initial margin is $6,075; maintenance margin is $4,500.  If the price of heating oil is $2.15 when the contract expires, Eric's profit or loss is
◦ $(2,100) loss.
◦ $2,100 profit.
◦ $(3,975) loss.
◦ $(2,400) loss.

Question 2

Eric has just purchased a heating oil contract at $2.05 per gallon.  The contract size is 21,000 gallons. Initial margin is $6,075; maintenance margin is $4,500.  If the price of heating oil is $2.15 when the contract expires, Eric's percentage profit or loss is
◦ 4.88% profit.
◦ 4.88% loss.
◦ 9.23% loss.
◦ 34.57% profit.
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Marked as best answer by olgamartinez04 on Mar 29, 2022

brunoanthony

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olgamartinez04

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Reply 2 on: Mar 29, 2022
Excellent

apple

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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