If the initial margin for one contract of crude oil was $1,000 and the maintenance level was $800, how far would prices need to move against the position in order to trigger a margin call? (Assume only $1,000 on deposit.)?
If the initial margin requirement for one coffee futures contract was $2,000 and the maintenance level was $1,500, how far would prices have to move against you in order to trigger a margin call?
(Assume that your account only had $2,000 on deposit.)