This is a rookie question, but it is focused on commodities/futures, which is why I am posting here rather than the Rookie Forum (moderators can feel free to move it, if necessary).
How do you deal with the delivery aspect of futures contracts? I know nearly nothing about trading futures, but isn't there a risk that if you don't close your position by a certain time then you have to make/take delivery?
This is probably a stupid question and I'm sure there is a simple answer, but I'm honestly clueless and hope some of the more experienced people here can help me.
Thank you.
How do you deal with the delivery aspect of futures contracts? I know nearly nothing about trading futures, but isn't there a risk that if you don't close your position by a certain time then you have to make/take delivery?
This is probably a stupid question and I'm sure there is a simple answer, but I'm honestly clueless and hope some of the more experienced people here can help me.
Thank you.