As a Result of the Following Trades - Buy 10

question 49

Multiple Choice

As a result of the following trades - buy 10 Dec 2015 BAB futures, buy 10 Mar 2016 BAB futures, sell 10 Jun 2016 BAB futures and sell 10 Dec 2015 BAB futures - the trader's position is as follows:

• A)long 10 Dec 2015 BAB futures
• B)short 10 Dec 2015 BAB futures
• C)no position, they have closed out
• D)long 10 Mar 2016 BAB futures and short 10 Jun 2016 BAB futures
• E)short 10 Mar 2016 futures and long 10 Jun 2016 BAB futures.

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Definitions:

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