futures = 期货 is linear contract with symmetric payoff; not that different from stocks other than margin requirement;
options = 期权 is a non-linear contract with Asymmetric payoff; very different from the underlying; when trading options, you are betting both on the directions and the SPEED to get to that directional target.
options = 期权 is a non-linear contract with Asymmetric payoff; very different from the underlying; when trading options, you are betting both on the directions and the SPEED to get to that directional target.