If You Sold a Futures Contract for $3

Multiple Choice

If you sold a futures contract for $3.75 per bushel and the contract ended at $3.60 after several days of trading of $3.80, $3.70, $3.65, $3.70, $3.65 and $3.60. What would the mark to market sequence be?

A) -0.05, 0.10, 0.05, -0.05, 0.05, 0.05
B) 0.05, -0.10, -0.05, 0.05, -0.05, -0.05
C) -0.05, 0.05, 0.10, 0.05, -0.09, -0.15
D) 0.05, -0.05, -0.10, -0.05, -0.09, -0.015