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What kind of rules apply to Physical Delivery contracts?


Physical delivery is not supported at Webull.


Opening of new position(s) for physical delivery contract is not supported 5 business days prior to the First Notice Date (FND) or Last Trading Date (LTD) whichever comes first. You are only allowed to close your position(s) during this period.


Any accounts that continue to hold a physical deliverable contract that are close to the delivery month will be subject to forced liquidation. This will occur 2 business days before the First Notice Date (FND) or Last Trading Date (LTD), whichever is earlier. The forced liquidation will be conducted on a best-effort basis at 11 AM SGT.

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