You are short a futures contract. You have:
a)
sold a future you had in inventory.
b)
bought a future in the open market.
c)
bought back a future you had sold previously.
d)
sold a future with the intent to purchase it back in the future.
a) sold a future you had in inventory.
b) bought a future in the open market.
c) bought back a future you had sold previously.
d) sold a future with the intent to purchase it back in the future.