Early options trading in the US began in 1872, founded by the then famous financier Russell, and at that time included call and put options, the market was always OTC and required trading through brokers.
Trading in the fast-moving futures market is like driving on a highway, with the floating profits and losses of your account going straight up and down, sometimes so fast that you are overwhelmed.
A futures hedge is a way of reducing business risk while still making a profit on an investment by entering into two trades that are correlated, opposite in direction, equal in quantity and offsetting in profit and loss.
