system
A chat on subreddit /r/wallstreetbets
human
If you sell a call on crude futures are you obligated to deliver 1000 barrels of oil to the buyer if you get assigned or can you settle with cash?

gpt
The underlying of the options contract is the futures contract. Ergo, when assigned on the option, you will be in a short futures position. You can net out of those using cash, until the settlement date. If you still have the position on that date, then God help you