You enter into a short crude oil futures contract at $43 per barrel. The initial margin is
Question:
You enter into a short crude oil futures contract at $43 per barrel. The initial margin is $3,375 and the maintenance margin is $2,500. One contract is for 1,000 barrels of oil. By how much do oil prices have to change before you receive a margin call?
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If the margin account falls to a value of 2500 then a ...View the full answer
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