Question

Question 2

No calculations are necessary to answer this question.
3/01
3/02
$1.7420 $1.7360
Date
July GBP Futures
Contract Price
O long; long
Based on the closing prices of July GBP Futures Contract over the 3-day period in March 20XX as shown above, you shou
position on 3/01 and a position on 3/02.
O long; short
O short; short
3/03
short; long
$1.7390

Answer 1

The given information does not provide any clear indication for determining the position that should be taken on 3/01 and 3/02. Without additional information, it is not possible to make a decision. The table only displays the closing prices of the July GBP Futures Contract on different days, and it is unclear what trading strategy or what scenario is being considered. Additional information about the goals and objectives, the market conditions, and other relevant factors would be necessary to make a decision about trading positions.