Consider a speculator in a long oil futures contract
Consider a speculator in a long oil futures contract that controls
1000 barrels of oil. If the speculator signs 11 long positions when the price of oil is 120.1, and the price of oil changes to 80.5, how much money has the speculator made or lost?
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
