What are the strike price and the underlying futures contract price in futures options? It's better to give an example. Thank you.
In the futures option trading, the option means that the owner of the option has the right to buy or sell the futures contract according to the execution price marked on the option contract, and the price of the futures contract is the price seen in the market. For example, the option contract stipulates that the execution price of rubber 1 103 10 is 300 million yuan. Investors who buy this option have the right to buy rubber futures at the strike price of 30,000 in 10, and the current contract price of rubber futures is 3 1 120.