Derivate financial instruments

For instance options,futures and stock purchase warrants are considered as Derivate Financial Instruments.
To explain more details about this topic to a novice would take to much,but only so much as introduction in the field:
So there are buy as well as a sell options on different commodities available.That means that you can trade both directions if you're clear about a continuing trend.
I learned about the trading of options on different underlayings like sugar,wheat,pork bellies and also currencies by a Hawaiian friend of me while we lived in Chumphon/Thailand.
The trading of currencies is a very interresting and lucrative field,if the trader is knowing what he's doing.That was at first unfortunatelly not the case with my hawaiian friend and he lost 70% of his trading capital within a couple of months.
For him as a quite wealthy guy it did't matter and he just grined about it.

I'm observing this market as well because it's in close context.

It's alarming how fast the prices for any commodities are heading north.Sugar gained from 17$ to 28$ in 2010,oat from 200 to allmost 300 just for instance.
If this trend continues ....