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Fair Value Measurements (Tables)
12 Months Ended
Oct. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value

The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy.

 

          Fair Value Measurements as of October 31, 2020  
    Total     Level 1     Level 2     Level 3  
Assets:                                
Money market     276,548       276,548              
Total Assets   $ 276,548     $ 276,548     $ -        
                                 
Liabilities:                                
Commodities - Futures     (287,850 )             (287,850 )        
Commodities – Options     (164,475 )           (164,475 )      
Total Liabilities   $ (452,325 )         $ (452,325 )      

 

          Fair Value Measurements as of October 31, 2019  
    Total     Level 1     Level 2     Level 3  
Assets:                                
Money market     378,453       378,453              
Commodities – Futures     159,887               159,887          
Total Assets   $ 538,340     $ 378,453     $ 159,887        
                                 
Liabilities:                                
Commodities – Options     (58,856 )           (58,856 )      
Total Liabilities   $ (58,856 )         $ (58,856 )