With prices moving sharply depending on the weather, traders are piling into short-term options to hedge every little bit of rain or dry forecast ahead.
These products, which expire weekly or in different months than traditional contracts, accounted for a record 22% of all options transacted in June, according to
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Georgia's peach crop plummeting due to changing weather patterns, threatening the industry and its farmersGeorgia is known as the 'Peach State' for its normally abundant crops, producing more than 130 million pounds of the fruit every year. But this year, about 90% of the state's crop has been lost, prompting those affected to hunt for solutions.
Read more »
The Stock Market Isn’t as Calm as It SeemsDon’t be fooled by the sleepy stock market. Traders are scooping up bets on volatility surging at a record clip.
Read more »