Stock futures are derivative contracts that track the future price of a certain stock. They are agreements to buy or sell a specific stock at a predetermined price on a set date in the future.| Liberated Stock Trader
A stock option is a contract that gives the holder the right, but not the obligation, to buy or sell a security at a specific price within a specific time frame.| Liberated Stock Trader
Yes, options trading is similar to gambling if you are betting on the direction of a stock. Options are more like insurance if you use them to protect against losses in assets you own.| Liberated Stock Trader