Underlying Futures Contract

基本解释

The process of an option holder exchanging it for the underlying futures contract.
期权合同的持有人购进或出售一笔原生期货合同的过程。
shfenorasuny1.blog.163.com
Contract multiplier and the underlying index point determine the value of stock index futures contracts, and play a key role on transaction risk to investors.
合约乘数与标的指数点位决定了股指期货的合约价值，对投资者的交易风险起到关键性的作用。
A put is an option that gives the buyer the right , but not the obligation , to sell the underlying futures contract at the strike price on or before the expiration date.
看跌期权赋予买方以权利，但不必负有义务，在期权到期日当天或者到期之前，按照敲定的价格卖出相关期货合约。
blog.sina.com.cn

An option on a futures contract is the right, but not the obligation, to buy or sell the underlying security at a particular price within a specific time.
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