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Practical practice of futures and options investment
Q 1。 The balance of settlement reserve shows the balance in your account. Take the first title as an example:

Liquidation gains and losses: (2050-2000) *10 * 20 =10000 yuan.

Profit and loss of positions: (2040-2000)* 10*20=8000 yuan. (The overnight position is calculated according to the settlement price)

Profit and loss of the day: 10000+8000= 18000 yuan.

Deposit occupancy: 2040* 10*20*5%=20400 yuan.

Balance of settlement reserve:118000-20400 = 97600 yuan.

So, the answer is D.

The copper you mentioned can't be counted because there are no details such as the margin ratio. ..

Q2。 What investors do is cross-contract arbitrage. ...

Q3。 (1) The answer is D. Actually, there is no need to count this question ... LZ looks at the problem seriously. One investment is selling options, which means he received 800. In this case, only when the HSI is at 15000, that is, 800, will his income be the largest.

(2) The answer is D because the royalty income is 300+500=800, that is to say, as long as it fluctuates between 14200- 15800, it is a profit, and if it exceeds it, it is a loss.

Q4。 I think there is something wrong with this question, but the profit in the futures market is certain ~ the profit is (3880-3450)* 100 per lot.