Thanks for correction, that is true!

(Both instruments are not that popular in my country, so my daily language is to put both of them as synonym, while they are different animals in some details)

There are cash settled futures there are closer to options in that they’re purely financial, but even those don’t have optionality at maturity.

Generally a dangerous thing to have as synonyms regardless, otherwise you end up with a coal barge in the east river https://thedailywtf.com/articles/special-delivery