trade option

Definition of "trade option"
  1. A type of commodity transaction where the buyer, who is thought by the seller to be involved in a business using that commodity or a related one, purchases an option
How to use "trade option" in a sentence
  1. The oil company decided to explore a trade option as a part of its hedging strategy.
  2. In agriculture, a trade option might be used by farmers to manage risk.
  3. He purchased a trade option, considering he runs a business that utilizes the commodity in question.

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