sammy the speculator lost 1 0 , 0 0 0 in one day by investing in crude
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Question:
sammy the speculator lost in one day by investing in crude oil futures. Sammys wife thinks hes hiding the and bought a dollar boat. she does not believe sammy beacuse she saw that crued oil prices only changed by complete the marktomarket futures transactions to explain how sammy lost so much of their in one day. crued oil futures contract size BBL initial margin requirement per contract. mantenance margin per contract. give me the position value and sammys magin balacnce for purchase date and day sammys crude oil was worth BBL when pruchased and day one was worth BBL
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