Futures: Before 150, the prices of agricultural products will be very low in each harvest season, and they will not be sold or even rot in the street. But after the harvest season, the prices of agricultural products will skyrocket. Therefore, farmers signed a contract with buyers during the sowing season and will trade agricultural products one day in the future. This not only ensures that farmers can buy agricultural products, but also ensures the price that buyers buy. Later, it evolved into the current futures.

Simply put, it is that the buyer and the seller reach an agreement to buy and sell something in the future.

Option: It is a derivative of futures. Futures is buying and selling goods in the future, and options are the right to buy goods.

For example, A has 100 Jin of rice, and the current market price is 200 yuan. B spent 5% of 200 yuan, that is, 10 yuan bought options after April. That is, after 4 months, B has the right to choose to buy or not to buy this 100 kg of rice.

Of course, if the rice is worth 300 yuan after 4 months, B will choose to exercise the right of purchase. Then he can resell it in 300 yuan. But if the rice is only worth 100 yuan after 4 months, B will definitely not spend 200 yuan to buy this kind of rice. Of course, when I gave up my rights, I also gave up the deposit at that time 10 yuan.

Difference: Generally speaking, you will understand it conceptually. Futures contract, option purchase right.

One is risk, the risk of futures is relatively large, and the gains or losses of investors will change with the change of prices. Because futures have a daily settlement system; But the option risk is only on the margin, and the amount of the margin depends on the price of the commodity. The same risks are great, and of course the benefits are also great.

At present, both buyers and sellers of futures must fulfill their contractual obligations before the delivery date. But in the option, the buyer can choose to perform or not to perform the contract.