Using the figure 14.1 You are short 50 Dec 2010 5 Yr Treasury Note futures contr
ID: 2799633 • Letter: U
Question
Using the figure 14.1
You are short 50 Dec 2010 5 Yr Treasury Note futures contracts. Calculate your profit or loss from this trading day. (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
You are short 50 Dec 2010 5 Yr Treasury Note futures contracts. Calculate your profit or loss from this trading day. (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
From Platinum to Orange Juice: Futures Contracts Commodity futures prices, including open interest, or the number of contracts outstanding. Nearby-month contracts are listed first. Most-active contracts are also listed, plus other notable months. KEY TO EXCHANGES: CBT: Chicago Board of Trade; CME: Chicago Mercantile Exchange; CMX: Comex; KC: Kansas Cty Board of Trade MPLS: Minneapolis Grajn Exchange: NYBOT: New York Board of Trade; NYM: New York Mercantile Exchange, or Nymex Metal & Petroleum Futures act st Sugar-World OCE-US) 112,000 ibs:cests per lb. Copper-High (CMOO-25,000bs,cents perlb. 2 2145 May 2499 2540 2480 25.06 08 143,256 Sugar-Domestk OCE-US)-112,000bs.cents perlb March 330.20 336.20 329.35 334.50 315 114,914 Jan 1096.50 1097.10 1086.00 2,519 Feb 1098.50 1098.70 1086.60 109250 5.0 318077 April 1098. 70 1098.70 1087.90 1093.80 25.70 47,106 Cotton (KE45 000bs.centsperib June 1098.40 1099.50 1089.40 1095.00 5.70 33,153 March 75.07 75.59 Aug 109610 1100.50 1091.60 1096.20 5 16023 July Dec 1100.00 1104.00 109450 1100.10 5.90 22812 Orange Juice (OCE-US)-15,000lbs:cents per Ib Platinum (NYM)-50troyoz, $per troy or Jan 1462.10 1470.60 1441.70 1452.30 1480 1793 March 141.85 14185 136.00 13690 37526.417 April 147110 1482.90 1455.00 1463.30 -12.70 30,040 Silver (CMX)-5,000 troyoz:cnts per troy oz 001050-550,2519 July- 31.00 31.02 31.00 3100 60 2.642 Jan 137 60138.50'1326513280-465 LO65 1699.0 16990 1676.0 16779 -312 30.8 Interest Rate Futures TreasuryBonds (CST)-$100,000, pes 32nds cros March 17105 17175 1676.5 1680.2308 78,677 re Ol Lig ns we%2 0.41 279,550 June 114-50 114-140 114-020 11410 150 11 March 79.50 80,49 79.2130.03 0.44 165753 TreasuryNotesCET)-S100,000: pts 32nds of 100% June 8126 82.10 110 819 3 108332 March 115-205 115-275 115-180 115-270 6.0 1,155,807 83.81 84.47 0.28 J 11-065 114-130 114-065 114-140 6.0 148,067 62.625 2.1094 2.1250 21025 2.1093 0065 14,360 5Yr. Treasury Notes (CBT)-$100.000, pts 32nds of 100% Dec 116-007 116-012 115-295 116017 2.0 12.433 March10114-205 114-242 114-167 114-215 1.0 745,589 Dc12 88.70 88.90 88.70 88.98 0.30 Feb 2.121221364 21135 2.1202.0036 Gasoline-NY RBOBONYM)42.000gal.5pergal 91,082 2Yr. Treasury Notes (CBT)-$200,000, pts 32ndsof100% Dec 108-255 108-262 108-242 108-257 1.2 8,299 30 Day Federal Funds (CBT)-$5,000,000, 100-Gaily avg Feb'10 99835 99,840 99830 99.835 005 93,596 2.0140 20440 20125 2.0406 0300 11200 March 10108-070 108-090 108-062 108-072 2.0320 20612 20284 2.0566 0276 82.084 Natural Gas ONYM)-10,000 MMBtu.$per MMBtu 5.649-129 74.422 5.617 5.665 5.678 -120 39,165 Jan 99.7625 99.7625 99.7525 99.7550 005 14,027 5.878 5884 111 28,39 Feb 99.7400 99.7525 99.7375 99.7425 0050 13,846 1MonthLibor (CME)-$3,000,000, pts of 100% Eurodollar (CME)-$1,000,000; pts ef 100% Jan 99.7275 99.7400 99.7275 99.7400.0075 126,678 March 99 6300 99.6550 99.6250 99.6450 0200 1,143,617 June 99.3200 99.3450 99.3150 99.3350 0250 846,275 March 416.00 416.75 400.50 413.75 35 489587 Dec 98100 98.5500 98.5050 98.5350 0400 735,521 Ethanol (CBT)-29,000gal, $per gal 466 989 Japanese Yen (OE)12.500,000: Sper 100" 1.8781900 .009 March 1.0874 1.0884 1.0782 1.0818-.0062 94,744 March 958 9586 9452 9475 -0111 98,772 March 1.5897 1.6088 1.5825 L60610164 84,300 Swiss Franc (CME-CHF 125.000;SperCHF 371 March 268.00 276.75 267.25 276.25 725 9453 28425 650 900 Canadian Dollar (CME)-CAD100000, Sper CAD Jan 1033.00 1043.75 1026.75 1036.25 175 27,176 March 1042.00 1052.25 1035.25 104450 -250 210,019 British Pound (CME) E62.500 per 0164 ·070506 March 307 00 312 40 305.00 Soybean Oil (CBT 60,000 lbs: cents per lb. 308.20 9664 9599 9648 -0001 37974 112.332 Australlan Dollar (CME)-AUD100,000S per ALD March Rough Rice (CBT)-2.000 cwt;cents per cwt Jan 1450 50 1453.00 1429.50 1440.00 1700 .102 March 148800 1488.00 142.50 147150 16.50 2681 Mexican Peso(CMEXN S00,000 Sper 10MXN 241 March 76125 76275 75675 75775 00325 $5,283 July 565.75 574.00 565.25 569.75 350 64,554 Euro(CME)-125,000, Sper e Wheat (KO)-5,000bu;cents per bu March 53425 54500 5365 4050 506190714345 1454 14269 14329 594.75 600.00 591.25 594.75 175 35,680 Wheat (MPLS)-5,000 bu:cents perbu March 549.00 55500 548.75 55125 July Cattle- Feeder (CME)50000bs.: cents per Ib 225 20484 DJIndustrlal Average (CBT)-$10x index 574.50 578.25 57300 575.50 225 8946 March 10485 10495 10426 10490 10,711 Mini DJ Industrial Average (CBT)-$5 x index March 1121.60 112250 1113.00 112210 040 321,736 March 1121 25 1122.50 1113.00 112200 025 2397,986 4.900 95.400 94.850 95.125 150 5119 March 10485 10494 10424 10490 March 94.550 95.150 4.475 94.875 150 15,667 S&P; 500 Index (CME) $250x index 722 June 1116.20 111800 111100 1117.40 0.40 2,278 Feb 10 85.000 85.500 84.675 85.050 075 133,501 Mini S&P; 500 (CME)-$50x index 5.450 65.950 65.025 65.625 200 72955 June 15 50 111775 110625 111750 .5 2132 ril 6995 70550 69.675 70.500 475 50,220 Nasdaq 100 (CME-$100 x index March 1872.00 1880.00 1863.00 1876.75 4.25 10,380 Minl Nasdaq 100 (CME) $20 x index Pork Bellies (CME)-40.000 lbs; cents per lb. Lumber (CME) 110,000 td.ft $per 1,000 bd. ft March 23410 235.00 231.60 234.80 130 307 205.80 206.80 202.20 20350 -130 1,829 June 1870.0 1877.5 1861.0 1874.84.0 Minl Russell 2000 (ICE-US) $100x index 1422 1425 -08 3,990 Mini Russell 1000 CICE-US-Si00xindex 3,231 3,247 10 70,865 U.S. Dollar Index CICE-US)-$1.000 x index 5,223 Milk (CME-200.000s cents per lb. March 629.90 633.30 62490 630.70 339,063 Jan'10 1432 1432 Cocoa (ICE-US)-10 metrictons: $per ton March 613.30 615.95 Coffee (ICE-US)-37,500s; cents per lb May 138.05 139.95 137.90 138.45 30 25,435Explanation / Answer
The 5-year Treasury Note contract opened at 160-007 and closed at 160-017.
Hence, increase in price of a contract = 10 / 32 x 10 = $3.125
As you shorted 50 contract, and the price increased, you incurred a loss
Loss = 50 x 3.125 = $156.25
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.