I would highly recommend doing some real in depth research before diving into derivatives. These are very complex and unless you have been in the finance industry for a long time I would stay away.
https://www.investopedia.com/terms/d/derivative.asp
start here for a brief overview.
on a side note, there are literally derivatives for predicting the weather....
https://www.reuters.com/markets/global-markets-weather-derivatives-analysis-pix-2023-10-11/#:~:text=Weather%20derivatives%20let%20buyers%20hedge,or%20rainfall%20in%20New%20York.
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I would highly recommend doing some real in depth research...
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