The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.
<h3>What is the difference between futures contract and options?</h3>
A futures contract is put into effect on the specified date. The buyer buys the underlying asset on this date. In the meantime, the buyer of an options contract is free to execute the agreement at any point before the expiration date.
You may therefore purchase the asset anytime you believe the circumstances are favorable. A futures contract gives the holder the option to purchase or sell a certain item at a predetermined price on a predetermined future date. Options allow the option to purchase or sell a certain asset at a specific price on a specific date, but not the obligation to do so.
Hence, The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.
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Harvey is liable for felony. In the United States, felony is a serious crime that leads to more years in jail. Misdemeanor, on the hand, is a less serious offense, punishable by lighter penalties like fine or short term imprisonment.
While engaging in a fight with someone might be categorized as misdemeanor, the loss of consciousness or fracture of a bone can lead to the situation being classified as felony. In cases of misdemeanor, the type of assault leads to minimal injuries or consists of just physical violence.
As one sees in this case, Harvey was physically violent causing Raymond to break his jaw. Therefore, punching someone in the face, causing fracture can be regarded as felony.
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