Probably an urban legend, but still funny.
This thread seems to support the idea that you can't just receive your futures at home. But I guess even with a designated warehouse, you're stuck with the warehouse bill.
https://skeptics.stackexchange.com/questions/47421/have-any-...
"Could a barrel of crude really kill me?" I asked a petrochemical engineer captive to my persistent, doubtlessly annoying questions. It absolutely can, he said. Hydrogen sulfide gas—H2S, for short—has a terrible propensity to evaporate from crude, knock out your olfactory capabilities, and slowly suffocate you to death.
That's like asking an electrician if 120v will kill you. Maybe if you use it wrong enough but odds are it's just going to be unpleasant.
Yeah, that was cited about a gajillion times back in May.
OIL closing was bullshit, though
https://www.cmegroup.com/content/dam/cmegroup/rulebook/NYMEX...
200109. ALTERNATIVE DELIVERY PROCEDURES
A seller and buyer matched by the Exchange under Section 105.E. may agree to make and take delivery under terms or conditions which differ from the terms and conditions prescribed by this Chapter. In such a case, clearing members shall execute an Alternative Notice of Intention to Deliver on the form prescribed by the Exchange and shall deliver a completed and executed copy of such notice to the Exchange. The delivery of an executed Alternative Notice of Intention to Deliver to the Exchange shall release the clearing members and the Exchange from their respective obligations under the rules of this Chapter and any other rules regarding physical delivery.
In executing such notice, clearing members shall indemnify the Exchange against any liability, cost or expense the Exchange may incur for any reason as a result of the execution, delivery, or performance of such contracts or such agreement, or any breach thereof or default thereunder. Upon receipt of an executed Alternative Notice of Intention to Deliver, the Exchange will return to the clearing members all margin monies held for the account of each with respect to the contracts involved.
A retail broker will either not let you trade these contracts, force close the trade, make you retender, or cash-settle (or charge an equivalent bill to handle all the logistics in an extreme case). You are not going to have physical settlement unless you make prior arrangements with your broker and show that you can even accept them in the first place, but that's extremely unlikely at the retail level.