Yes...I actually had a seat on, what was called the "Coffee, Sugar, Cocoa Exchange" , that I bought in 1980.
That , plus the metals (gold,silver, copper), and Heating Oil, is where I started in this whole thing.
There were no options on futures, on any of the exchanges, until 1982, when they tried out a "trial" program on 3 commodities (gold, bonds, and sugar) to see if there was any interest. I literally traded the first sugar option, on the exchange in 1982.
Then, from 1982-to about 1986, they continued to add more and more options on more commodities.
Crude became the best for a long time.
Right now, there is one problem, .
With IB, for example, as a "non-professional" account, all , real-time" data, is virtually free.
There are a few "bundles" that include commodities, and their options, for either free, or like $4.50 per month.
But, as I just found out an hour ago. The only products, where real-time data have costs that are prohibitive, are only coffee, sugar, and cocoa. It is $120.75 per month for both professional, and non-professional alike.
It came about when the "ICE" exchange bought out the CSC exchange, and were looking for ways to create revenues.. Yeah, $120/month for live data oughtta do it!
Anyway, it is free with a 15 minute time delay.
You can create spreads, and work everything , exactly the same as you do with any other product....charts etc. options analysis. But, just be aware that everything is on a 15 minute delay (or shell out $120....you might eventually find that is might be worth it).
I think if you are sharp, like everyone here, and are aware that you are working with a 15 min delay....there are tons of strategies that can be used, that do not require real-time data.
I actually made some trades today (for the first time under these conditions).
They are very liquid markets,so that's a plus.