A “recent” article on weather derivatives at Time.com – cost for $100k of “Snow Insurance” costs $19,000.

I’m hoping to cut that cost by 97% (if it refers to a Future). For weather options, it’s more difficult to estimate the market price of a Snow put option without critical mass on the exchange.

Forbes has a more recent article. Nobody wants to buy or sell Snow derivatives. Not one was traded in 2013. Perhaps I can offer a new approach?