Effects of Uncertainty on Future prices

Quantitative Finance Level 1

How does the price of a future change as volatility of the underlying increases?

Decreases. Since it is riskier, the risk is priced in. Increases. Since it is riskier, the risk is priced in. Increases. Since it is riskier, fewer people want to sell it. Decreases. Since it is riskier, fewer people want to buy it. Stays constant. Volatility has no effect.