On january 1 you sold one march maturity sp 500 index, Financial Management

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On january 1 you sold one march maturity sp 500 index

On January 1, you sold one March maturity S&P 500 Index futures contract at a futures price of 1,250. If the futures price is 1,350 on February 1, what is your profit or loss? The contract multiplier is $250 (or in other words, the contract size is 250 of the S&P 500 Index).

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Financial Management: On january 1 you sold one march maturity sp 500 index

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Financial Management: On january 1 you sold one march maturity sp 500 index

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