Suppose That You Buy $1 Million Worth of Euro Currency

Suppose that you buy $1 million worth of euro currency futures contracts. You buy the contract at a price of $1.3468/€ (i.e., you commit to pay $1,000,000 × $1.3468 = $1,346,800 when the contract matures) . Over the next four days the contract closes at the following prices: $1.3465/€, $1.3443/€, $1.3434/€, and $1.3534/€. What would be your payments to, or withdrawals from, the margin account?

A) −$500, −$1,800, −$1,100, +$10,000
B) −$300, −$2,200, −$900, +$10,000
C) +$300, +$2,200, +$900, −$10,000
D) None of these answers are correct.