Now, making a comparison to a mainstream commodity option requires a little work on the back of an envelope.

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The classic commodity option is a contract that gives the buyer the right, but not the obligation, to buy or sell something at a particular price.

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In 1991, Dole helped Bair get appointed to the Commodity Futures Trading Commission, which regulates commodity futures and option markets.

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Gensler will be in charge of the CFTC, an independent agency created by Congress to regulate trading in the commodity futures and option markets.

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Third option: a commodity note.

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However, Commodity Futures Trading Commission data and option volumes (currently 50% lower than at the height of the crisis last year) indicate that the market is not positioned for an intense EUR sell-off just yet.

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For example, Zack Greinke has become a hot commodity on the trade market and is currently viewed as the next best option after Cliff Lee.

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Turkey provided its commercial banks the option of meeting a portion of their Turkish lira reserve requirements with alternatives, said Erica Rannestad, commodity analyst with CPM Group.

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