6) Suppose you hold a long position in a 100 futures contract for an exercise...
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Suppose you hold a long position in a futures contract for an exercise price of $ Your broker requires an initial margin of and a maintenance margin of Over the first days the contract is active, the price of the underlying asset originally $ at the time you entered into the contract moves from $ to $ to $ to $ to $ to $ Fill in the following table showing what the margin accounts balance is at the end of each trading day before any potential margin calls, whether youd receive a margin call that day, how much youd be required to put in and what the ending balance would be after that margin call.
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