One of the Biggest Differences Between a Futures Option and a Futures

Multiple Choice

One of the biggest differences between a futures option and a futures contract is that

A) the option limits the loss exposure to the price of the option.
B) the futures contract limits the loss exposure to the price of the contract.
C) an option can be traded on the secondary market, whereas a futures contract cannot.
D) a futures contract can be traded on the secondary market, whereas an option cannot.