The person who buys an options contract holds much of the control over the fate of that trade. For instance, the buyer of a call option can buy stock in a company at a predetermined price, dubbed the strike price, over a given time frame and before an expiration date.Futures traders can buy or sell these securities at a preset price at a future date in time. Once purchased, the physical asset can be delivered, or the contract can be settled with cash instead.


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