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Theres no real difference between options and futures both

"There's no real difference between options and futures. Both are hedging tools, and both are derivative products. It's just that with options you have to pay an option premium, whereas futures require no upfront payment except for a ‘good faith' margin. I can't understand why anyone would use options." Do you agree with this statement?

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Business Management: Theres no real difference between options and futures both

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