You take a long position in the T$-$note futures on $\frac{1}{15}$ when the futures price is $102,250.$ The initial

margin is $$10,000$ and the maintenance margin is $$6,000.$ Following your trade, the market moves in the

following manner.

a$.$ On what day$($s$)$ do you get a margin call and what are the amounts of the margin calls?

Answer:

You get a margin call on $\frac{1}{21}$ for $4,250$