List of cash settled futures

[Overnight]

Well, he is not being a smart CTA. Quid pro quo, OMM. http://www.cmegroup.com/rulebook/CME/II/100/101/101.pdf

Basically, you need to be out of a Feb LE contract before that FND. Considering the shit that the LE is going through, swinging it large on the LE month-to-month rollovers is the best bet. Do NOT cut it close. LE is such a messed-up contract at this time.

 

[Surprise]

Didn't someone commit suicide because of this delivery thing ?

 

[HobbyTrading]

Thank you so much for the detailed reply. So sounds like as long as i close my position before the expiry, i should be good.. right ? meaning it will practically be cash settled for me. I am going to do intraday and wont hold it longer. So if close my intraday position before 10 am PST on the expiry, i would not have to deal with deliver etc right ?

You better ask your broker what their specific procedures are.

 

[autom]

I have a CTA that trades AG products for me. Almost every month I get a notice like the following. I have a big 2 Bedroom apartment, but not this big. He always covers about a week before he has to. Still a little scary. 1 contract is 40,000 pounds of LIVE Cattle!

View attachment 170945

That is super scary I am only going to trade CL for now in addition to ES. Hopefully i should be ok if i roll-over to next month 2 days before the expiry date of current month .. i would trade intraday anyway

 

[Robert Morse]

That is super scary I am only going to trade CL for now in addition to ES. Hopefully i should be ok if i roll-over to next month 2 days before the expiry date of current month .. i would trade intraday anyway

They would never allow the future to expire and cause delivery.