What Does First Delivery Date Mean When Trading Crude Oil Futures

0	Does this mean that if i am trading contract on that day I will have to take the actual oil ? How do they deliver the oil? crude wti oil futures cl asked larryS 31●3●3●4 accept rate: 0%

One Answer:

First delivery day is the first day that a oil can be sent to you to you.

This is something that will usually not happen unless you are an actual oil refiner or producer.

You should not trade ON OR AFTER first notice day if you are a trader, so this probably will not be a problem for you.

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TraderWerks ♦
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