A Speculator in Futures Contracts

A speculator in futures contracts:

A) will always have an exposure elsewhere to the contract item
B) takes a futures position has an opposite profit and loss potential to that of their physical market exposure
C) seeks to exploit occasions when prices in the spot and futures markets are misaligned
D) is seeking to profit from futures markets price changes
E) takes a position simultaneously in both the physical and futures markets in order to profit from price differences.