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 7,2023, John Doe sold one Dec 2024 coffee futures contract at 179.65. Today is December 27,2024. The Dec 2024 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 2024 coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to deliver 37,500 pounds of coffee to the exchange and the exchange will be obligated to pay John $6,736,875.00.
B.
I am wondering if John Doe will buy the Dec 2024 coffee futures contract at the new market price before the contract expires in a few days. If not, John will be obligated to deliver 37,500 pounds of coffee to the exchange and the exchange will be obligated to pay John $67,368.75.
C.
I am wondering if John Doe will buy the Dec 2024 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 37,500 pounds of coffee from the exchange and John will be obligated to pay the exchange $67,368.75 for the coffee.
D.
I am wondering if John Doe will buy the Dec 2024 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 37,500 pounds of coffee from the exchange and John will be obligated to pay the exchange $6,735,875.00 for the coffee.

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