There are four main differences between options and futures: 1 and different contracts. 2. The margins are different. 3. The expiration options are different. 4. The income characteristics are different. From the perspective of the rights of buyers and sellers, the option contract gives the buyer the right, and the buyer can exercise and give up the right at any time within a certain period of time.

Four differences between options and futures are introduced in detail;

The first point: the contract is different, Senkai.

When making financial investment, the option has a great feature, that is, it is a one-way contract, and the rights, interests and obligations of the option seller and the option buyer are not equal. The buyer has the right to buy and sell the underlying assets at the price agreed in the contract, and the seller passively performs its obligations. Futures contracts are two-way, and both parties are obliged to deliver futures contracts at maturity.

The second point: the deposit is different.

Many senior investors know that the biggest advantage of being an option buyer is that it will only lose royalties, so there is no need to pay a performance bond. However, the seller is faced with great risks and may suffer unlimited losses, so he must pay a deposit as a guarantee for fulfilling his obligations. In futures trading, both buyers and sellers of futures contracts have to pay a certain percentage of margin.

The third point: the term selection is different.

In the financial market, when an investor holds an option contract until the exercise date, the option buyer has two choices, that is, he can choose to exercise or give up his rights, while the option seller can only exercise. When the futures contract expires, the subject matter will be delivered automatically.

The fourth point: the income characteristics are different.

In financial transactions, the income of the option buyer fluctuates with the change of market increase, but the biggest loss of the option is only the premium of the option. The seller's income is only the premium of selling options, and the loss is not fixed. In futures trading, both buyers and sellers are faced with unlimited profits and losses.

There are differences and connections between option trading and futures trading. First, unlike options, the object of futures trading is standardized contracts; Secondly, unlike the option that you can choose whether to execute it after it expires, futures trading must be delivered when it expires, unless it has been hedged in advance; In addition, there are many differences in trading rules and trading methods. However, futures trading is the basis of option trading, and futures prices have an impact on the determination of option finalization price and premium. Option trading can also be long and short, and the buyer does not have to actually exercise this right, but can also transfer this right as long as it is beneficial. The seller may not perform, but he may also cancel the liability by purchasing the same option before the option buyer exercises his rights.