Option is a kind of power, and futures is a kind of contract. The difference between option and futures in actual hedging is objective, which mainly depends on the details of the exchange when designing the contract. When general option 1 is hedged, it needs to pay the equity premium, and the seller earns the equity premium, but it needs to pledge the deposit (or commodity). Similarly, buying a put right requires paying equity, and selling a put right requires a margin pledge. Futures only need margin, not equity. American option buyers can exercise the right of delivery at any time, and futures hedging can only be delivered on the maturity date. Both futures and options can lock in prices. Futures buyers and sellers are equal, but the rights of options are not equal. The buyer of the option has the right of delivery and non-delivery in exchange for paying the equity, while the seller earns the equity, but loses the relevant rights. I'm not good at typing, so I hope I can help you.