You sell 10 futures contracts where each future represents 22,000 gallons. The initial margin is $3,000, and the maintenance margin is $2,100. At what price change will you receive a margin call?
A) A price decrease of $0.041.
B) A price decrease of $0.037.
C) A price decrease of $0.034.
D) A price increase of $0.041.
E) A price increase of $0.037.

Question

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The Answer of You sell 10 futures contracts where each future represents 22,000 gallons. The initial margin is $3,000, and the maintenance margin is $2,100. At what price change will you receive a margin call?
A) A price decrease of $0.041.
B) A price decrease of $0.037.
C) A price decrease of $0.034.
D) A price increase of $0.041.
E) A price increase of $0.037.

You Sell 10 Futures Contracts Where Each Future Represents 22,000