You Sold a Futures Contract on Oats at a Futures

Multiple Choice

You sold a futures contract on oats at a futures price of 233.75 and at the time of expiration the price was 261.25.What was your profit or loss?

A) $1375.00
B) -$1375.00
C) -$27.50
D) $27.50
E) $1325.00