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Platinum Options are less risky than futures because they don't have a "margin call". Like Stock Options you pay a premium to use someone's Platinum for a short period of time. This is usually in 30 day increments:
Platinum Options are leveraged money. When You buy an Option on Platinum you will control much more Platinum than if you bought the metal! This makes Options the ultimate leveraged speculative investment as the dollar continues its decline:
With Platinum Options, you are only interested in making money on market fluctuations over the next few months. You are only RENTING the Platinum!
PUT Options: Put Options give you a guaranteed buyer at a set price (say, $2,000 per ounce). You buy your option and Platinum goes down $1oo per ounce. If you bought "in the money" you can sell the option and pocket the difference!
CALL Options: Call Options are bought buy the person that sees the market price going up for silver in the near term. Thus if silver went from $20 per ounce to $21 dollars he would make about $1 per ounce he controls.