Derivativos

Derivativos, or derivatives, are financial contracts whose value depends on an underlying asset, such as stocks, commodities, or currencies. They are used for hedging risks or speculating on price movements without owning the actual asset. Common types include options and futures. For example, a farmer might use derivatives to lock in selling price, or an investor might speculate on the future price of oil. Derivatives can help manage financial risk but also carry significant complexity and potential for loss if not used carefully. They are vital tools in modern finance for risk management and investment strategies.