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It reminds me of a funny story in Options, Futures, and Other Derivatives, where some newbie trader mistakenly bought a contract on live cattle futures to close
by scarmig 7y ago
It reminds me of a funny story in Options, Futures, and Other Derivatives, where some newbie trader mistakenly bought a contract on live cattle futures to close out a long position. The trader spent a couple weeks traveling thousands of miles and figuring out housing and food for hundreds of cattle until a buyer for them could be found.
- 9nGQluzmnq3M 7y agoThere's another version of this involving a whole lotta coal: https://thedailywtf.com/articles/special-delivery https://thedailywtf.com/articles/special-delivery
- deleted 7y ago[deleted]