Futures contracts are financial agreements to buy or sell an asset at a predetermined price on a specific future date. These instruments play a crucial role in the financial markets by enabling participants to manage risks associated with price fluctuations.

Futures contracts are financial derivatives that obligate the buyer to purchase, and the seller to sell, an asset at a predetermined price at a specified time in the future.

Futures equivalents refer to the relationships between options positions and the underlying futures contracts that support them. In trading, particularly in the realm of options, understanding futures equivalents is crucial for achieving a balanced risk profile.

Futures strips represent a crucial trading strategy utilized by various market participants to manage price risks and leverage potential market movements.