Many people will make a choice between options and futures, two, um, investment and financial management tools, because these two names all sound somewhat similar. But in fact, if these two investment and financial management methods are compared together, the risk of futures is still a little bigger. Because in such an investment and financial management environment, both parties are buyers and sellers, and their risks are equal, and both parties may have some risks of short positions. And like options, the risks of buyers and sellers are not equal, the risks of buyers are relatively fixed, and the risks of sellers are infinite.
So relatively speaking, the risk of futures is still a little bigger, and the investment risk of options mainly comes from the following aspects. First, in terms of capital risk, the handling fee also costs a lot of money, and this handling fee cannot be counted as risk. His power risk is that when it is unfavorable to the buyer, it may lead to the total loss of the buyer's royalties, which is the part about the fund risk of the option buyer. In addition, there is the risk of price fluctuation. When some contracts are about to expire, their own time value and the value of their royalties will disappear to zero, so it is very likely that the sudden fluctuation of option prices will also cause serious losses when they expire.
Futures investment risk mainly belongs to position risk and market risk. First of all, the risk of holding positions is prone to break out, and there will be corresponding exchanges or futures companies for corresponding settlement every trading day. If the investor's margin is relatively low within the specified proportion, he may require compulsory liquidation. If there are empty positions at this time, it will be a big loss. In addition, market risk, spot price and futures price are generally similar at the time of delivery, which is also the basis for ensuring the futures market to play a hedging role. Therefore, in the actual trading process, we can see that futures prices often deviate from the current market price.