If you have been conflicted lately because you can't trade alternative fuels like you can with crude oil and gasoline, you wait could soon be over. According to CME Group , the parent of the Chicago Mercantile Exchange, the exchange will begin to list options on ethanol futures. The contracts are scheduled to begin trading electronically on e-CBOT on October 5, an move to the CME Globex platform in January. In addition, clearing services will be offered for cash-settled options on ethanol futures, scheduled to begin October 5, as well as for options on ethanol calendar swaps, also know as forward month swaps, to be offered this fall.

In the mean time, you are stuck with crude and gasoline futures. At last check, crude for October delivery had jumped back above the $80 mark, adding $1.10 to $80.20 after backing off Thursday's record-high close of $80.09.