Suppose you believe interest rates will rise and you trade 2 December 2021 Treasury Bond futures contracts based on you
Posted: Sun Jun 05, 2022 10:55 am
Suppose you believe interest rates will rise and you
trade 2 December 2021 Treasury
Bond futures contracts based on your expectation. At the time you
make your initial transaction, the Dec 2021 Treasury Bond futures
price is 159-02. In November of this year, you decide to
closeout your futures position and realize your profit or loss on
this trade. At the time you close out your position, the Dec 2021
Treasury Bond futures price is 156-30. After accounting for
transaction fees of $15 per contract per roundtrip transaction,
what is your profit or loss?
Hint: A roundtrip transaction is a long followed by a short or a
short followed by a long. Do not include any dollar sign in
your answer.
For example, if you believe you profited $2,112 on this
contract, simply enter "2112" as the solution. If you believe you
lost $2,112 on this contract, simply enter "-2112" as the
solution.
Your Answer:
trade 2 December 2021 Treasury
Bond futures contracts based on your expectation. At the time you
make your initial transaction, the Dec 2021 Treasury Bond futures
price is 159-02. In November of this year, you decide to
closeout your futures position and realize your profit or loss on
this trade. At the time you close out your position, the Dec 2021
Treasury Bond futures price is 156-30. After accounting for
transaction fees of $15 per contract per roundtrip transaction,
what is your profit or loss?
Hint: A roundtrip transaction is a long followed by a short or a
short followed by a long. Do not include any dollar sign in
your answer.
For example, if you believe you profited $2,112 on this
contract, simply enter "2112" as the solution. If you believe you
lost $2,112 on this contract, simply enter "-2112" as the
solution.
Your Answer: