The delivery month is the period in which a futures contract requires physical delivery or final settlement. Manipulation risk concentrates here, because positions must be closed or delivered against a fixed supply.
manipulation techniques · updated 2026-09-08
Where does delivery month come up?
This term is used in the following manipulation techniques, each explained in full on
its own page.
Delivery squeeze— A delivery squeeze is controlling the certified stocks, warrants or logistics needed to satisfy a futures contract, so that short sellers cannot deliver even where the commodity exists elsewhere.
See also
Deliverable supply— Deliverable supply is the quantity of a commodity that meets a futures contract's grade, location and timing requirements and can …
Settlement price— The settlement price is the official end-of-session price used to mark positions, calculate margin and settle expiring contracts. …