How Do Margin Requirements for Options Contracts Differ from Futures Contracts on These Platforms?

Options contracts typically require margin only from the seller (writer) to cover potential losses if the option is exercised against them. The buyer pays a premium upfront, which is their maximum loss.

Futures contracts, however, require both buyer and seller to post initial margin. This margin covers potential losses from daily price movements, and maintenance margin must be upheld throughout the contract's life.