Question: A speculator opens a long position in 4 0 three - month E - mini S&P 5 0 0 futures contracts at a futures price
A speculator opens a long position in threemonth Emini S&P futures contracts at a futures price of The contemporaneous S&P Index value is a What is the value of the margin the speculator posts? b A few days later the futures price closes at ; what is the value of the speculators margin account? c If the speculator closes out the long position at a futures price of what is the speculators total profitloss and the return on the speculators investment?
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