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Are options and futures zero-sum games? That profit comes from somewhere making it a zero-sum game. If a stock's price goes up after you sell it, that's not a loss to you. Just as your car getting hit by a falling tree after you sell it has no impact on you. With an option, the premium (cost of buying the contract) moves from the buyer to the seller regardless of the outcome. But, there may be some benefits that aren't captured by looking solely at the money changing hands. That risk reduction is a benefit to someone that is risk averse, regardless of whether the price moves in a favorable direction or not. From this perspective, options and futures might not be zero-sum.

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