Options and futures are financial products with huge trading volume in the international financial market at present. The difference between the two is mainly reflected in the rights and obligations of buyers and sellers, performance guarantee, deposit calculation method, settlement and delivery method, profit and loss characteristics of both parties and so on.

1. The rights and obligations of the buyer and the seller are different.

The rights and obligations of both parties in futures trading are the same. They all bear the possibility of losses at the same time, but they may also make profits at the same time. The seller of the option only wants to have the right after the transaction, and when he pays the right money to buy the option, it is over. The seller of the option only bears the obligation, and only the obligation remains after receiving the commission.

2. The margin requirements are different.

Both the buyer and the seller of futures must pay the deposit; For options, only the seller needs to pay the deposit, while the buyer only needs to pay the royalty.

3. The content of the transaction is different.

Futures trading is to pay some physical objects or securities in the future. Option trading is to compare the buying and selling price of a commodity over a period of time. Futures trading must be delivered when it expires, and options can be abandoned without delivery, but they are invalid when they expire.

4. Risks and benefits are different.

In futures, there is no limit to risks and profits. Option buyers are most likely to lose money, and their profits are unlimited. The option seller's biggest advantage is premium, but his risk is also great.