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    Options & Futures

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    1. Suppose you agree to purchase one-ounce of gold for $382 any time over the next month. The current price of gold is $380. The spot price of gold then falls to $377 the next day. If the agreement is represented by a futures contract marking to market on a daily basis as the price changes, what is your cash flow at the end of the business on the next day?

    $ 0
    $ 3
    $ 5
    $-3
    $-5.

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    https://brainmass.com/business/futures/gold-options-futures-131041

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    If the agreement is represented by a futures contract marking to ...

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    The solution answers a question on gold options and futures and the best decision for cash flow.

    $2.19

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