Question: I work for the Coffee Exchange ( The Commodities Exchange ) . I see that on Sept 7 , 2 0 2 3 , John
I work for the Coffee Exchange The Commodities Exchange I see that on Sept John Doe sold one Dec coffee futures contract at Today is December The Dec coffee futures contract will expire in a few days. What is going through my mind? What am I thinking?
A
I am wondering if John Doe will buy the Dec coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to deliver pounds of coffee to the exchange and the exchange will be obligated to pay John $
B
I am wondering if John Doe will buy the Dec coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to deliver pounds of coffee to the exchange and the exchange will be obligated to pay John $
C
I am wondering if John Doe will buy the Dec coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to take delivery of pounds of coffee from the exchange and John will be obligated to pay the exchange $ for the coffee.
D
I am wondering if John Doe will buy the Dec coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to take delivery of pounds of coffee from the exchange and John will be obligated to pay the exchange $ for the coffee.
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