What is the definition of Futures option? | Dictionary.net

FUTURES OPTION

\fjˈuːt͡ʃəz ˈɒpʃən], \fjˈuːt‍ʃəz ˈɒpʃən], \f_j_ˈuː_tʃ_ə_z ˈɒ_p_ʃ_ə_n]\

Definitions of FUTURES OPTION

1910 - Black's Law Dictionary (2nd edition)

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An EXCHANGEtraded OPTION contract granting the buyer the right, but not the obligation, to buy or sell a FUTURES contract at a prespecified STRIKE PRICE. See also FUTURES CALL, FUTURES PUT.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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