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Should American futures options be exercised in advance?

Exercising the option means that you will first make a profit by converting the option in your hand into a futures contract. You will also have to face the risk of fluctuations in the futures contract. It is better to close the position directly in the options market. Take profits directly.

Generally speaking, option exercise is just like futures delivery and can be operated, but it is of little significance.

Unless there are two situations:

First, you really want to have a futures position but cannot obtain a position in the futures market, but this situation is generally rare.

Second, arbitrage combination, profit requires option exercise