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by juped 2253 days ago
Yes (e.g., if you buy CL futures, delivery is in Oklahoma).

QL coal doesn't trade anymore (all the active coal futures I can find now are cash-settled) but delivery seems to have historically been at the discretion of the parties, so the story is at least plausible.
1 comments
542458 2253 days ago
Everything I’ve read seems to say it’s very, very difficult to accidentally take delivery, but it’s not quite impossible.

In related news, there is a Planet Money Podcast (episode called the Eddie Murphy Rule) where they interview the trader who took possession of a bunch of cattle by mistake IIRC.

link
juped 2253 days ago
If you're a normal retail trader, your broker will probably intervene before then.
link