I like this gimmick tbh
my creativity for editing thread titles has already run dry
Lmao. You pay a fee to store the assets they're not gonna deliver that shit to you
No that's how contract delivery works. It's why oil went negative beginning of covid
Nobody could receive it so they were paying others to take it from them
Really? I have a hard time believing anyone left holding these bags are just gonna have to get it delivered to them. Delivery itself is an expensive process. Nobody wants to send a ton of shit somewhere if it might be sent back
Cost-of-carry? I could be wrong idk anything
People are calling his story fake but yes delivery to the person who holds the contract is what happens in commodities futures and is why gas when negative
It’s definitely fake because every ■■■■■■ when they first start getting into stocks asks the question “what if I actually took delivery on my futures lmao!!!” But nobody is actually ■■■■■■■■ enough to do it, in fact I think your brokerage will likely sell it for you before expiration of it like they will with options
Yeah
I think you pay cost of carry and once you can't they immediately sell it. Otherwise you'd have to pay absurd shipping fees
Slava ukraini
the term based has lost all meaning
I know the thread is ironic but it still bugs me
based
Kat with mod. Fucj.
I deserve mod I have been here since 2018
i agree