Option, also known as option, is a derivative financial instrument. It refers to the buyer's right to buy or sell a certain number of specific commodities at a pre-agreed price (referring to the strike price) in the future (referring to the American option) or on a specific date (referring to the European option) after paying the option fee to the seller, but it is not obliged to buy or sell (that is, the option buyer has the right to choose whether to buy or sell, and the option seller must unconditionally obey the buyer's choice and fulfill the promise at the time of trading).

Futures,

Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with certain mass products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

The delivery date of futures can be one week later, one month later, three months later or even one year later.

Hope to adopt ~