Determine whether the following order is correct: “Buy two November soybean futures at 5.33 and...

Determine whether the following order is correct: “Buy two November soybean futures at 5.33 and 1/8 .” ? If you bought one Mini-S&P 500 at 1,300.50 and it closed that day at 1,294.00, how much money would be debited from your account balance? Futures traders have three days to meet margin calls. (true or false)