An option with a strike price equal to the underlying futures price.

一个期权的执行价等于其原生期货的价格。

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The price at which the holder (buyer) may purchase or sell the underlying futures contract. Also called strike price.

指股票能在承购合同中被购入或在承销合同中被卖出的那个固定价格。 也叫做执行价。

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Options for months for which there are no futures contracts. The underlying futures contract for a serial option month would be the next nearby futures contract.

为没有期货合同的月份而准备的期权。这种分期期权的原生期货合同是接下来的近期期货合同。

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For example, if underlying hedge funds were to purchase financial futures contracts for speculative versus hedging purposes, which is common, pension investment restrictions may be violated.

FORBES: Pensions Perilously Binging Upon Hedge Funds, Funds of Funds and Funds of Funds of Funds (March 20, 2007)

These are often more difficult to trade, especially when part of the job requires securing and creating baskets of the actual underlying stocks, bonds, preferreds, currencies and futures.

FORBES: The Godfather Of ETFs

Reilly thinks the ETF is a disaster for the investors picking up the tab because it buys futures in a bid to track a thin underlying market.

FORBES: How To Avoid ETF Pitfalls