Solved

You Initially Entered into 6 Long Pork Belly Positions in the Futures

Question 73

Multiple Choice

You initially entered into 6 long pork belly positions in the futures market.You subsequently went long another 3 contracts and then went short 4 contracts.Which of the following is correct? Assume that all of the contracts have the same settlement price and settlement date.


A) if you do nothing more then you must take delivery on 5 pork belly contracts
B) if you do nothing more then you must deliver 5 pork belly contracts
C) if you do nothing more then you must take delivery on 9 pork belly contracts
D) if you do nothing more then you must deliver 4 pork belly contracts

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents