Options are contracts that do not involve an obligation but only the right to buy or sell a certain amount at maturity of the underlying financial asset at a given price established.
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For example, if the subject A and B enter into oil futures, they decide the price at which the oil will exchange between a year and maturity is required to sell and buy at the price initially established.
In addition, to get into futures you do not pay anything apart from the security deposits while to enter into an option contract you pay a premium.
There are exchange traded financial derivatives and other unlisted, also called OTC (over the counter) which are more dangerous because they have not been monitored by regulators and sold or purchased directly between buyers and sellers.
To return to the derivatives that are traded on an exchange instead, the most important of them are futures and options.
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