Derivatives
Calibration
March 16, 2023
Valuation
Asset Valuation Reserve
March 16, 2023

A futures option which gives the holder the right to enter into a long futures contract at a set exercise price. Once exercised, a call futures option enables the holder to acquire a long position in the underlying futures contract in addition to an amount of cash representing the difference between the most recent settlement futures price and the specified strike price.

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