This time he comes to me with new questions still regarding his corn. I hope that these answers will help him have a better understanding. Future options and futures are similar, but differ in a few ways. First of all future options are the right to buy or sell a certain commodity. But this is not an obligation.
Holders can buy or sell at a specifically set price on or before a specific date.
Also, investors issure the futures options. On the other hand, futures contracts are an actual agreement to buy or sell the commodity at a specific price. In other words, it is a promise to make the transaction. In my opionion, future options are better because you still have the choice to buy or sell a product. Calls and puts in the futures market are almost like bull versus bear in the stock exchange.