You Currently Have a Long Position in the 3-Month Futures

question 61

Multiple Choice

You currently have a long position in the 3-month futures market. Which one of the following would be a reverse trade to this position?

• A)short spot
• B)long spot
• C)short 3-month futures
• D)long 3-month futures
• E)short 6-month futures

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Definitions:

Principles

Basic principles or assertions that underpin a belief system or form the basis for a sequence of logical thought.

Behaviorism Perspective

A psychological approach that focuses on observable behaviors and the ways in which they're learned, excluding thoughts and feelings from its analysis.

Pleasing

Evoking a sense of happiness or satisfaction.

Threatening

Describes a behavior or communication that implies harm or negative consequences, often used to intimidate or coerce.