1. If you bought a September '17 contract, one contract is for 5,000 bushels, and the price closes at $4.6595/bushel, what is your profit or loss? 2. Rob Thomas Traders opened an account to short-sell...


1. If you bought a September '17 contract, one contract is for 5,000 bushels, and the price closes at $4.6595/bushel, what is your profit or loss?


2. Rob Thomas Traders opened an account to short-sell 1,000 shares of WeWork at $60. The initial margin requirement was 50%.  (The margin account pays no interest.) A year later, the price of WeWork has risen from $60 to $76, and the stock has paid a dividend of $2.75 per share.


2a. What is the remaining margin in the account?


2b. If the maintenance margin requirement is 35%, will Rob Thomas Traders recieve a margin call?















































MATURITYLASTCHGHIGHLOW
May '173.6125-0.05253.68003.6075
Jul '173.6775-0.05503.74503.6725
Sep '173.7525-0.04753.81253.7475
Dec '173.8575-0.04503.91503.8525
Mar '173.9575-0.04004.00253.9475


Jun 02, 2022
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