This paper investigates the dynamics of sequential decision-making in agricultural futures and options markets …

cash price distributions on the optimal use of futures and options. The results show that truncation in the cash price … distribution facing an individual producer provides incentives to trade options as well as futures. We derive optimal futures and … options trading rules under options as well as futures. We derive optimal futures and options trading rules under a range of …

While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability …

point with a simple quantitative hedging model, where optimally used options and futures on the S&P100's implied volatility …