Sell July maturing Euro futures contracts on Monday July 9, 2018 at the July 9,

Question

Sell July maturing Euro futures contracts on Monday July 9, 2018 at the July 9, price. Exit the market on Friday, July 13, 2018 July 13, 2018 The settlement price will be your closing price. Your report on futures hedge must include a table with: • July 9, 2018 opening price • Daily settlement price (from July 9 through July 13, 2018) • Daily price change (from July 9 through July 13, 2018) • Daily profit/loss calculation (from July 9 through July 13, 2018 Updated daily account balance (from July 9 through July 13, 2018) • Variation margin, if necessary (from July 9 through July 13, 2018) Euro Futures: Opening and Settlement Prices: July 9, 2018 – July 13, 2108: Based on these opening and settlement prices: 1.July 9, 2018: Opening 1.17535; Settlement: 1.17540 2.July 10, 2018: Opening: 1.17625; Settlement: 1.17500 3. July 11, 2018: Opening 1.17320; Settlement: 1.16770 4. July 12, 2018: Opening 1.16755; Settlement: 1.16725 5. July 13, 2018: Opening 1.16645; Settlement: 1.16780

Explanation / Answer

July 9, 2018 opening price = 1.17535

Daily settlement price (July 9 through July 13, 2018) OPENTING PRICE FROM 9TH TO 13TH

Daily price change (from July 9 through July 13, 2018)

the above prices areshows also the daily profit. in the above prices are brackets shows loss it means price declined

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