both has an expiration date. so related on the "期" front

来源: 2014-07-22 11:31:41 [旧帖] [给我悄悄话] 本文已被阅读:

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.