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However, rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management.
We show that a rain-index insurance with frequent payoffs, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available.
Buried in the instructions to determine the settlement price was a formula that read "(Closing Level – Strike Level) x Index Currency Amount x Exchange Rate".
Similar(57)
As crude price crossed through lower and lower strike levels—$65, $60, and finally $55 traders who had sold puts at those strike levels had risk on their books to manage.
It should be noted that the opposite can happen in a swiftly rising market; when prices increase rapidly through key strike levels, traders that are short call options buy futures to manage their risk, amplifying rallies.
After Bowman hit the crossbar, Louis Almond's long range strike levelled the game for the Sandgrounders.
Josh Falkingham's strike levelled matters but McHugh finished well to seal Airdrie's win late on.
Blair Henderson then fired Annan ahead but Wright's strike levelled matters.
John Sutton's 75th-minute left-foot strike levelled the game after Murray Davidson had put the Perth men ahead.
Alan Trouten's strike levelled matters in the 20th minute and Grehan was sent off for two bookings after the break.
But the lead was short-lived as Aiden McGeady's long-range strike levelled the score right before the break.
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