Futures and Commodities

A contract for later delivery, priced against the thing itself: carry, tracking, hedging a position, and two sides of one harvest.

The arc

1
COM1 Crude Oil Futures
Crude and its future, with carry between them.
30 min
2
FUT1 Equity Index Futures
An index future that has to track its underlying.
60 min
3
H1 Hedging with Futures
A stock position hedged with an index future.
45 min
4
AH1 Price and Production Risk
A grower and a miller facing one harvest from opposite sides.
45 min