What is the difference between futures and options?
1. options are traded on the Shanghai Stock Exchange; Futures are traded on the futures exchange.
2. Option is an option contract with the stock index as the subject matter. At present, the target of option investment is only SSE 50ETF;; Futures are based on commodity contracts, and futures trading varieties include agricultural products, precious metals, energy and chemicals, derivatives and industrial products.
3. Option means that the buyer buys and sells the target at the agreed price on the maturity date, and the futures are paid first and then delivered.
4. Options are one-way contracts and futures are two-way contracts. The option buyer does not need to pay a deposit, and the seller needs to pay a deposit. Both sides of futures trading have to pay margin.
How to trade options?
First of all, open an option trading account. The general option only supports opening an account at the counter of a business outlet. The account holder can apply to the business department with ID card, bank card and other information, provided that the conditions for opening an account are met, otherwise it cannot be processed. When an individual investor applies for opening an account, the total market value of the securities entrusted by the option management institution and the available balance of the fund account shall not be less than RMB 500,000; When an ordinary institution applies for opening an account, the total market value of the securities entrusted by it and the available balance of the fund account shall not be less than RMB 6,543,800,000;
Then you can buy options through the opened account. By paying a certain fee to the option seller (generally 0%-5% of the contract transaction amount of 65438+), the option investor obtains the right to buy or sell the trading stock at the contract price during the delivery period, including the right to choose not to buy or sell. In other words, after the expiration, if the stock price changes are beneficial to investors, you can choose to buy or sell; When it is unfavorable, you can give up buying or selling.