If You Took a Long Position in a Pork Bellies

question 73

Multiple Choice

If you took a long position in a pork bellies futures contract and then forgot about it, what would happen at the expiration of the contract?

• A) Nothing-the seller understands that these things happen.
• B) You would wake up to find the pork bellies on your front lawn.
• C) Your broker would send you a nasty letter.
• D) You would be notified that you owe the holder of the short position a certain amount of cash.
• E) You would be notified that you have to pay a penalty in addition to the regular cost of the pork bellies.