Futures contract refers to the standardized contract formulated by the futures exchange, which stipulates to deliver a certain quantity and quality of physical or financial goods at a specific time and place in the future. Futures are usually called futures contracts.

Option, also called option, is a financial instrument based on futures. In essence, the option is to price the rights and obligations in the financial field separately, so that the transferee of the right can exercise his rights on whether to trade or not within a specified time, and the obligor must perform it. When trading options, the party who buys the options is called the buyer, while the party who sells the contract is called the seller. The buyer is the transferee of the right, and the seller is the obligor who must fulfill the buyer's right. Option trading began in the American and European markets in the late18th century. Due to the imperfect system and other factors, the development of option trading has been suppressed.

Option contract originated from Chicago Board Options Exchange 1973. Also known as options. Option contract A trading contract in which financial derivatives are used as execution varieties. Refers to the right to buy and sell a certain number of trading varieties at a specific price within a specific time. The buyer or the contract holder has the right to pay the deposit option fee; The contract seller or obligee (obligee) collects the option fee, and when the buyer wishes to exercise his rights, he must fulfill his obligations.