Patent ID: 8442901

Claim:
A computer processor-implemented method to provide commodity offerings, comprising: setting, by a computer processor, at least one commodity offering term for a commodity offering, including a specification of a plurality of geographic zones; determining, by the computer processor, at least one commodity offering pricing value based on the at least one commodity offering term and at least one commodity offering pricing model for the commodity offering; providing, by the computer processor, the commodity offering, including at least one association, based on the commodity offering pricing value, between a strike price and a premium, for selection by a customer; receiving, by the computer processor, a selection of the at least one commodity offering by the customer; monitoring, by the computer processor, a location at which the selected commodity offering is exercised; and providing payment for some portion of a commodity purchase made by the customer for the exercised commodity offering based on a relationship between the monitored location of the exercised commodity offering and the geographic zones, wherein the payment is adjusted by an adjustment amount if the monitored location is not a most expensive of the geographic zones.