Suppose in early January a futures trader purchases an S&P 500 stock index futures contract expiring in March. Through 15 February, the trader has incurred some gains and losses from the daily settlement and decides that she wants to close the position out. 

What should she do in order to close the position out?

Answer rating: 100% (QA)

To close out the position the futures trader needs to take an opposite position to the original posi... View the full answer