Option is the right to exercise when it expires, such as futures, that is, pay the deposit of an order now, then lock the order, and then exercise the right according to the order after the agreed date.

A bond is a debt certificate, which is equivalent to lending money to the issuer of the bond. Bonds are generally issued anonymously, which is convenient for circulation. After the maturity of the bonds, the subject who purchases the bonds may exercise the creditor's rights to the bond issuer.