Futures Trading: Involves the buying and selling of a contract to buy or sell an asset (such as stocks, commodities, or indices) at a predetermined price on a specified future date. Traders can profit from both rising and falling markets by predicting future price movements.
Options Trading: An option gives you the right, but not the obligation, to buy or sell an asset at a predetermined price, within a set time frame. Unlike futures, options provide the flexibility to decide whether or not to execute the contract, making them a less risky but equally profitable instrument.
Both of these instruments offer unique advantages, including the ability to leverage positions, hedge against market risks, and profit from market volatility.