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Fwd: Futures v. Options



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Forwarded message:
Subj:    Futures v. Options
Date:    97-08-22 10:11:36 EDT
From:    ScottyB159
To:      realtraders@xxxxxxxxxxxxxx

Excuse my lack of knowledge in the options/futures are, but can someone
explain the difference between index options and options on futures (Cash
Index?).
Thanks 

Scott