Futures contracts, like options contracts, have an asymmetric payoff at expiry.

Question

Quizplus · Accepted Answer

Futures contracts have a symmetric payoff at expiry, meaning both the buyer and seller have the potential for profit or loss depending on the direction the price of the underlying asset moves, unlike options contracts which have an asymmetric payoff where the buyer has a right but not the obligation to execute the contract, limiting the potential loss to the premium paid.

Futures Contracts, Like Options Contracts, Have an Asymmetric Payoff at Expiry