An option on a futures contract gives the holder the right, but not the obligation, to buy or sell a specific futures contract at a strike price on or before the option's expiration date. These work similarly to stock options, but differ in that they underlying security is a futures contract.
IMPORTANT: Product trading eligibility is partially dependent on your Financial Profile, which consists of the following criteria: Income and Worth (USD), Source of Wealth, Investment Experience and Investment Objectives.