The main differences between futures and options are as follows: 1. Buyers and sellers have different rights and obligations. The rights and obligations of both parties in futures trading are the same, and they both bear the possibility of loss and enjoy the possibility of profit. The buyer of the option only enjoys the right, but has no obligation, and his obligation has ended when he pays the royalty when purchasing the option. The seller of the option only bears the obligation, and after he receives the royalty, he only has the obligation. 2。 The margin requirements are different. Both buyers and sellers of futures have to pay a deposit; For options, only the seller needs to pay the deposit, and the buyer only needs to pay the royalty. 3。 The content of the transaction is different. Futures trading is to pay for some kind of physical goods or securities in the future. Option trading is the right to buy and sell a commodity at a specified price in the future. Futures trading must be delivered when it expires, while options do not have to be delivered, and they can be abandoned and invalidated when they expire. 4。 Risk is different from profit. The risks and profits of both parties in futures trading are unlimited. The biggest loss of the option buyer is the royalty, and the profit is unlimited. The maximum profit of the option seller is the royalty, while the risk is infinite.