Assume that yesterday you sold 2 contracts of wheat futures (10,000 bushels) at $7.00 per bushel. Initial margin is $2,000 per contract. Maintenance margin is $1,500 per contract. Today the market decreased by 20 cents per bushel. Will you have a margin call, and how much money must you add to your account?

Answer rating: 100% (QA)

Answer No you will not have a margin call based on the information provided Heres why Contracts and ... View the full answer