The delivery date of US stocks refers to the date when both parties agree to exchange money. As far as futures contracts are concerned, the delivery date refers to the date when the goods must be delivered. If you don't want to make delivery, you must close the futures contract before the delivery date or the last trading day.

Delivery date: According to the regulations of the Chicago Board of Trade, the delivery date is the third day in the delivery process. The settlement company of the contract buyer must deliver the delivery notice together with the fully confirmed cheque to the settlement company office of the contract seller on the delivery date.

Delivery: Spot transaction between the seller and the buyer of a futures contract. All exchanges have stipulated the specific steps of spot commodity delivery. Some futures contracts, such as stock index contracts, are delivered in cash.