Options that are available on Futures contracts behave similar to those for equities with a few minor differences. However, if you do not understand these differences, it can be confusing when you are trading these products.
Today, Tom Sosnoff and Tony Battista discuss the specifics of futures options. They cover what these options expire to, the trading hours and how they are valued. These are all different than standard equity options so it's important to be aware of the differences!