Advanced Derivatives Market Strategies

Program

Derivatives are financial products whose value depends on the price of other financial products (e.g. stocks, bonds, interest rates, foreign exchange rates or commodities). This course provides an introduction to standard derivatives like options and futures. It will cover basic valuation principles as well as standard valuation models. The focus of this course is on the practical implementation and calibration of these models.


At the end of this course you will be able to:

  • Describe, the concepts of Futures and Options
  • Identify, types of Futures and Options
  • List the Benefits and returns
  • Gain an in-depth understanding of the various underlying markets on which key derivative instruments are based, and in which they are frequently used.
  • Attain the skills to unravel the technical complexities of derivatives into actionable knowledge that can be immediately applied in your current role or assist your career progression.
  • Be able to trade and break down complex strategies
  • SESSION 1: INTRODUCTION TO DERIVATIVES

    • • Types of Derivative Contracts and Their Characteristics
    • • Derivatives Compared to Securities
    • • Derivatives Defined

    SESSION 2: INTRODUCTION TO FUTURES CONTRACTS

    • • Futures Terminology and Contract Features
    • • Physical Delivery to Close a Futures Position
    • • Cash Settlement, OTC Derivatives
    • • Futures Clearinghouse and Third Party Contracts
    • • Futures Margins and Futures Contracts

    SESSION 3: INTRODUCTION TO OPTIONS

    • • Option Fundamentals: Contract Features and Terminology
    • • Option Contract Example: Long Call Position
    • • Option Pricing Basics
    • • Time Value, Intrinsic Value and Moneyness
    • • Short Option Positions
    • • Investment Characteristic of Options
    • • Overview of Long Put, Short Call and Short Put Positions

    SESSION 4: INTRODUCTION TO PAY OFF DIAGRAM

    • • Introduction to Profit diagram of long & short call
    • • Introduction to Profit diagram of long & short put

    SESSION 5– TRADING STRATAGIES USING OPTIONS

    • • Derivatives & Trading strategies using options

    SESSION 6 – BLACK SCHOLES MODEL

    • • Determinants of option price and theBlack-Scholes model

    SESSION 7– OPTION GREEKS

    • • Visualizing option exposure and Greeks
    • • Hedging an options book: Greeks for portfolio

    SESSION 8– DEALING WITH VOLITILITY

    • • Volatility smile and associated trading strategies
    • • Hedging volatility risk and the Vanna-Volga method
  • Corporate Executives in marketing, production and non-finance functions
  • Sales Executives
  • Client Servicing Executives
  • Account Managers
  • Customer Support Executives and Call Centre Executives of financial products in banks and other financial intermediaries.
  • Direct Sales Associates operating in the financial services industry Investors
  • 16 Hours

    Rs. 15,000

    For further details regarding contents,
    E-mail: training@bseindia.com