Does commodity trading and or commodity futures trading ever make you take delivery of a commodity itself
Would you ever have to go pick up some wheat and try to find a place to
store it for instance?l have heard there are horror stories like this? Any
truth to this rumor?
If it is not a cash-settled future, & you keep ur position
until expiration, you will indeed have to take delivery of (or deliever)
the actual comodity at expiration.
However, you are never required to keep a position open until expiration.
So, if you take a minimal amount of care & close ur positions before
expiration, you will never have to deal with the acutal underlying commodity. To learn more you might want to take the tutorials at http://cbot.com/cbot/pub/page/0,3181,492,00.html
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