You Are Currently Long in a Futures Contract

question 80

Multiple Choice

You are currently long in a futures contract.You then instruct a broker to enter the short side of a futures contract to close your position.This is called __________.

• A) a cross hedge
• B) a reversing trade
• C) a speculation
• D) marking to market

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Definitions:

Contaminated

The presence of unwanted substances, pollutants, or microorganisms in a material, environment, or substance, making it unsafe or unfit for its intended use.

Electrophoresis

Electrophoresis is a laboratory technique used to separate DNA, RNA, or protein molecules based on their size and charge by applying an electric field.

DNA Molecules

The fundamental and distinctive characteristics of organisms, encoded in long chains of nucleotides arranged in a double helix.

Cloning

The process of creating genetically identical copies of biological material, including genes, cells, or whole organisms.