In the beginning of the year you sold 3 June E-Mini S&P 500 futures contracts at a futures price of 4547.75. The spot price at contract maturity was 4662.25. The contract multiplier is $50.

a) Did you have a profit or loss with this position? (2 points)

b) Calculate the profit (or loss). (2 points)

Answer rating: 100% (QA)

a To determine if there was a profit or loss we need to compare the futures price at whi... View the full answer