initial price on day1 100
initial margin requirment 5
maint margin 3
sett price day 1 103
sett price day 2 96
sett price day 3 98
what is the ending balance on day 3 of an investor with 10 short positions? assume all margin calls are met.
i always get these wrong so would greatly appreciate a detailed description of the daily balances and end result!作者: dotamasta 时间: 2013-4-4 09:58
10 per position, 100 for all作者: scr879 时间: 2013-4-4 10:00
thats correct, but can you pls explain how that works?作者: Kiakaha 时间: 2013-4-4 10:02
day 1: price moved 100103
sold so made a loss of 3 * 10 = 30
margin balance fell 50 30 = 20
so needs to bring balance back to 50
day 2: 10396
gained 7 * 10 = 70
margin Balance=50+70=120
day 3: 9698
lost 2*10 = 20
margin balance = 12020=100作者: scr879 时间: 2013-4-4 10:04
