You Sold One Silver Future Contract at $3 Per Ounce

question 75

Multiple Choice

You sold one silver future contract at $3 per ounce. What would be your profit (loss) at maturity if the silver spot price at that time is $4.10 per ounce? Assume the contract size is 5,000 ounces and there are no transactions costs.

• A) $5.50 profit
• B) $5,500 profit
• C) $5.50 loss
• D) $5,500 loss
• E) None of the options are correct.

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A professional who studies how individuals think, influence, and relate to one another within the context of society and social interactions.

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The inclination to view situations, people, or objects in a pessimistic or detrimental light.