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Let's assume that the initial margin on oil futures is $30,000, and the maintenance margin...

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Finance

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Let's assume that the initial margin on oil futures is $30,000, and the maintenance margin is $25,000 per contract, and you establish a long position of 15 contracts today, where each contract represents 28,000 oil gallons. The current price is $2 per gallon. If tomorrow, the price goes down by $0.10 per gallon, will you receive the margin call? Yes or No At what price (dollar per gallon), you start to receive the margin call

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