In reference to the futures market, a "speculator"
A)attempts to profit from a change in the futures price.
B)wants to avoid price variation by locking in a purchase price of the underlying asset through a long position in the futures contract or a sales price through a short position in the futures contract.
C)stands ready to buy or sell contracts in unlimited quantity.
D)both b and c

Question

Quizplus · Accepted Answer

A speculator in the futures market tries to make a profit by predicting the future price of the underlying asset and taking a position accordingly. They do not necessarily want to lock in a price, as hedgers do, but rather seek to benefit from price movements.

In Reference to the Futures Market, a "Speculator