Some notes on futures and options just for me:
For my flashcard sheet, use these formulas:
1. Stock Index Contracts- to calculate the number to sell to hedge a portfolio:
[$50,000,00 / (1,264.30 x $250)] x 1.15 = 181.92 or 182 contracts
2. List positions for December:
Value Long Stock +$50,000,000
Short
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