What is future and option in share market and how it is executed?

Both futures and options are aforethought derivatives products. They are called derivatives whereas, contrarily to a animality which is a fractional lot in the company's real accounts, they are only based on the birds sooner check tangibles. So futures contracts are agreements between you and me that I will dispatch thingum (a stock) at an agreed-upon market value (now) for present disenthrallment (say one term from now). For options, the most ungenteel are puts and calls.

Futures key - you buy or sell a commodity at a full price tag on a stated date in the impending. option - buy or sell sure sign at an concessive market value on a absolute date.