Question: You are looking to construct a portfolio that buys $ 1 6 1 , 6 5 0 . 7 0 0 worth of AAPL stock
You are looking to construct a portfolio that buys $ worth of AAPL stock and shorts the same amount of money in the S&P index. If the S&P index is currently trading at points, and you decide to open this short position via the futures market, how many EMini futures contracts do you need to short?
Assume that you can trade a fractional number of contracts ie do not round the number of contracts to the nearest whole number and enter the number of contracts you need to short as a negative number eg if you decide that you need to sell contracts, enter this number as
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