You are short 15 March 2016 corn futures contracts. Calculate your dollar profit or loss from this
Question:
Figure 14.1
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Metal & Petroleum Futures Contract Open Chg Interest Settle Open High hi lo LoW Copper-High (CMX)-25,000 lbs.; $ per Ib. Nov 2,109 2.2380 2.2395 2.2305 2.2300 -0.0115 Dec 2.2350 2.2510 2.2260 2.2300 -0.0120 90,935 Gold (CMX)-100 troy oz.; $ per troy oz. 1088.60 1088.60 1088.60 1087.90 0.30 211 Nov 1087.40 1088.10 0.40 247,319 1089.10 1094.90 Dec 0.40 102,730 1089.90 1095.50 1088.60 1089.10 Feb'16 April June 1091.00 1095.60 1089.50 1089.90 0.40 28,444 1091.70 1096.60 1090.00 1090.60 0.40 18,947 14,070 1098.10 1100.00 1093.20 1093.60 0.50 Dec Palladium (NYM)-50 troy oz.; $ per troy oz. 671.70 671.70 596.75 - 16.00 Nov 671.70 596.95 - 16.00 Dec 617.70 621.20 595.00 23,681 3,781 596.00 597.45 - 16.10 March' 16 614.95 620.00 Platinum (NYM)-50 troy oz.; $ per troy oz. Nov 986.70 914.40 -25.20 990.20 990.20 Jan'16 942.00 943.20 910.30 914.40 -25.60 63,763 Silver (CMX)-5.000 troy oz.; $ per troy oz. Nov Dec 15.045 15.035 15.005 14.418 -0.278 14.730 14.395 14.760 14.413 -0.278 95,144 Crude Oil, Light Sweet (NYM)-1000 bbls.; $ per bbl. -0.42 400,803 -0.35 302,907 Dec 44.52 45.12 43.64 43.87 45.12 Jan'16 45.62 46.29 44.88 -0.28 109,090 -0.25 150,438 Feb 46.09 47.16 45.80 46.05 March 47.19 47.87 46.58 46.84 48.42 June 48.66 49.45 48.14 -0.22 112,896 50.65 Dec 51.45 50.54 50.25 -0.11 150,413 NY Harbor ULSD (NYM)-42,000 gal.; $ per gal. Dec 1.4958 1.5220 1.4745 1.4774 -0.122 80,808 84,315 1.5392 Jan'16 1.5121 1.4960 1.4985 -0.112 Gasoline-NY RBOB (NYM)-42,000 gal.; $ per gal. Dec .0010 1.3768 1.4048 1.3662 1.3705 92,987 92,590 1.3549 Jan'16 1.3557 1.3852 1.3495 .0018 Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu. Dec 253,091 2.373 2.387 2.274 2.300 -071 Jan'16 2.535 2.544 2.423 2.449 -.083 262,791 2.558 Feb 2.571 2.453 2.480 -.077 66,305 109,844 March 2.559 2.561 2.449 2.479 -.069 April May 2.509 2.509 2.414 2.446 -.056 89,244 36,545 2.529 2.529 2.450 2.478 -.054 Agriculture Futures Corn (CBT)-5,000 bu.; cents per bu. Dec 372.75 375.50 366.50 366.75 -6.25 550,478 386,290 March'16 381.25 384.25 375.75 376.00 -5.75 Oats (CBT)-5,000 bu.; cents per bu. 226.25 Dec 223.50 221.25 224.00 .25 6,977 March'16 224.75 225.75 222.25 224.75 4,291 Soybeans (CBT)-5,000 bu.; cents per bu. 872.00 Nov 877.25 871.25 865.75 873.50 2.25 4,324 867.50 Soybean Meal (CBT)-100 tons.; per ton. 295.70 294.90 March'16 872.00 866.25 - 1.00 287,119 -.70 -.30 121,379 82,448 Dec 297.20 294.60 295.00 Jan'16 296.30 294.00 294.50 Soybean Oll (CBT)-60,000 Ibs.; cents per Ib. Dec Jan'16 28.03 28.28 27.73 27.77 -27 127,149 98,968 28.31 28.56 28.02 28.05 -27 Rough Rice (CBT)-2000 cwf.; $ per cwb. Nov 1200.00 1200.00 1200.00 1179.50 -39.00 19 Jan'16 1240.00 1240.00 1190.00 1205.50 -38.50 9,282 Wheat (CBT)-5000 bu.; cents per bu. 521.25 157,627 127,443 Dec 520.50 501.25 501.75 -21.50 March'16 523.50 524.25 505.00 505.50 -20.00 Wheat (KC)-5000 bu.; cents per bu. 488.75 Dec 490.25 472.75 474.00 -16.25 90,413 489.75 - 16.00 March'16 Wheat (MPLS)-5000 bu.; cents per bu. Dec 503.75 505.50 488.75 57,974 517.25 518.50 501.50 504.25 -14.50 24,293 March'16 V 514.00 - 12.00 524.00 527.50 515.50 21,402 Cattle-Feeder (CME)-50,000 Ibs.; cents per Ib. 181.375 181.375 171.975 171.975 177.125 177.125 -4.500 167.525 167.525 -4.500 Nov 4,787 Jan'16 16,304 Cattle-Live (CME)-40,000 Ibs.; cents per Ib. Dec 134.250 134.275 131.925 131.925 -3.000 105,543 Feb'16 136.550 136.650 134.150 134.150 -3.000 69,463 Hogs-Lean (CME)-40,000 Ibs.; cents per Ib. 53.100 Dec 55.025 55.050 53.725 -1.275 71,865 v 55.725 Lumber (CME)-110,000 bd.ft. $ per 1,000 bd. ft. Feb'16 58.175 58.250 56.475 -1.825 65,171 Nov 247.10 253.00 247.10 252.00 4.10 214 Jan'16 246.30 247.70 244.60 245.30 - 1.40 3,053 MIlk (CME)-200,000 Ibs.; cents per Ib. Nov 15.61 15.67 15.50 15.51 -.12 -.12 4,656 4,496 Dec 15.60 15.60 15.32 15.42 Cocoa (ICE-US)-10 metrictons, $ per ton. Dec 3,235 3,228 3,223 3,187 3,194 3,209 3,216 -.28 35,057 89,545 March'16 3,244 -.30 Coffee (ICE-US)-37,500 Ibs; cents per Ib. Dec 118.05 119.70 116.95 117.75 73,267 March'16 121.25 123.10 120.55 121.35 .20 64,098 Sugar-World (ICE-US)-112,000 Ibs; cents per Ib. 14.38 March 14.33 13.93 13.99 -47 437,990 May Sugar-Domestlc (ICE-US)-112,000 Ibs; cents per Ib. Jan 14.05 14.05 13.93 13.69 -.44 145,866 25.45 25.45 25.45 25.45 2,306 March 25.43 25.45 25.43 25.43 -.02 2,049
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Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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