Question: 1.What is the difference between forward contract, future contract and options? 2.How call options and put options hedge foreign exchange risk and stock market risk?

1.What is the difference between forward contract, future contract and options?

2.How call options and put options hedge foreign exchange risk and stock market risk?

3.How can we use options market to predict movement of stock market?

4.What is skew mean in the options market?

(Please explain detail

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