Options simple are different choices that one can make. For example 100 shares of stock or 4000 bushels of corn. In the Wall Street Journal there are options tables where a strike price, a current offer and finally the expiration of the option. You are buying options at a price that will hopefully move up by the expiration of the option. Puts and Calls are the most significant part of options trading.
Calls gives the dates of the call option at the end of the previous days trading.
And puts give the date of the put options available for each commodity. This is another option for hedging the corn crops because there are options for corn. A way to better increase profits, but there are still risks involved. This farmer could look for a low puts and calls on corn to see if prices are rising therefore increasing profits. There are many options that this farmer has and he needs to think about what he wants to do with his crop in order to make maximum profits.