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2A) I have gone long on 150 contracts of the May 21 Lean Hogs at...

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Finance

2A) I have gone long on 150 contracts of the May 21 Lean Hogs at 95.95. (NOTE: Lean Hogs are quoted at cents per pound so 95.95 = $ 0.9595 per lb was my long price for 150 contracts).

2B) If I were to cover all 150 contracts at a price of 100.50 what is my ROI? (10 pts) b) What instructions should I have put in place to ensure that the maximum loss this transaction would have incurred is about 25%? (10 pts)

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