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You sold a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25. What was your profit or loss?

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You sold a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25. What was your profit or loss?

$1375.00

-$27.50

$1325.00

-$1375.00

$27.50

Giải thích

Chọn đáp án D

Giải thích: (2.3375-2.6125)= -0.275 *5000 = -1,375