You went long 20 July 2022 crude oil futures contracts at a price of $116.50. Looking back

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You went long 20 July 2022 crude oil futures contracts at a price of $116.50. Looking back at Figure 14.1, if you closed your position at the settle price on this day, what was your profit?

Figure 14.1Futures Contracts Futures Prices (June 3, 2022) Metal & Petroleum Futures Open High Hlo Low Suttle Chy Intard

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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