Options

A comprehensive e-learning product covering strategies, concepts and pricing of Options

The themes of this product are:

Fundamentals of Options contracts
Knowledge of the concepts of Options
Pricing of both American and European Options
Mechanics of Option trading strategies by market participants

Highlights
Library of 10 Courses
Available Products
Upcoming Products

Highlights

Overview
Growth of internationalization has increased the use of derivative instruments in the financial markets. Financial Options have changed the face of finance by creating new ways to understand, measure, and manage risks. These should be considered part of any firm's risk-management strategy to ensure that value-enhancing investment opportunities are pursued. This product is targeted at those individuals needing to understand the positions that can be taken in option transactions. It is an excellent product for anyone involved in option transactions, as it is filled with ideas for graphically detailing the risk/reward profile of various option positions. Analytical and numerical methods of option pricing have been dealt in detail.

After completing this course you will be conversant with:

The concepts and terminologies used in Options market
Different types of Options available in the financial market
Application of various pricing models
Identification of Options as a tool for speculative and hedging activities

Target Audience
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

Supervisory Agencies

Central Banks

Financial Institutions

Commercial Banks

Investment Banks

Housing Societies/Thrifts

Mutual Funds

Brokerage Houses

Stock Exchanges

Derivatives Exchanges

Insurance Companies

Multinational Corporations

Accountancy Firms

Consultancy Firms

Law Firms

Rating Agencies

Multi-lateral Financial Institutions

Others

Course Level and Number of Courses
Basic & Intermediate Level. Library of 10 Courses

Instructional Method
Dynamic, Interactive e-learning

Recommended Background
Familiarity with basic financial concepts

To purchase this course online, visit: Link
http://www.kesdee.com/coursedetails.jsp?productid=34&groupID=3

For purchase, contact us at

Library of 10 Courses

Options
Time taken to complete each Course: One - Two hours

1. Options-Fundamentals

Objectives
Basics
Option Premium
Basic Options Positions

2. European Option Pricing

Objectives
Introduction
Single-period Binomial model
Multi-period Binomial model
Black-Scholes model

3. Options-The Greeks

Objectives
Introduction
Delta
Gamma
Theta
Vega
Rho

4. Options-American Style

Objectives
The Option of Early Exercise
Black-Scholes Option Pricing model
Binomial Option Pricing model

5. Trading Strategies

Objectives
Introduction
Covered strategies
Spreads
Straddles
Butterflies
Strangles
Summary of strategies

6. Interest Rate Options

Objectives
Introduction
Pricing
Caps, Floors and Collars
Trading Strategies

7. Currency Options

Objectives
Introduction
Types and Characteristics
Pricing
Uses of Currency Options

8. Swaptions

Objectives
Introduction
Swaption Variants
Pricing of Swaptions
Uses of Swaptions

9. Options on Futures

Objectives
Introduction
Quotations
Pricing

10. Exotic Options

Objectives
Introduction
Forward-Start Options
Compound Options
Chooser Options
Barrier Options
Look-back Options

JOB AIDS

Measurement Tools
Disclosures
Regulations
Global Best Practices
Benchmarking Data

Calculators in Options

1. Historical volatility
2. Implied volatility
3. Risk-free rate of interest
4. Single-period Binomial Option pricing model
5. Multi-period Binomial Option pricing model
6. Multi-period Binomial Option pricing model –dividends
7. Unit Normal Cumulative Probabilities
8. Black-Scholes Option Pricing Model
9. Black-Scholes-Merton Option Pricing Model
10. Calculating Delta
11. Calculating Gamma
12. Calculating Rho
13. Calculating Theta
14. Calculating Vega
15. A Comprehensive Calculator for Option Pricing and also for Greeks
16. Bivariate Normal Cumulative Probabilities
17. Binomial Approximation with a continuous dividend yield
18. Binomial Approximation with a known dividend yield
19. Binomial Approximation with a known dollar dividend
20. Pseudo American call option pricing
21. Analytic approximation of American stock option prices
22. Chooser Options
23. Forward Start Options
24. Options on Futures
25. Options on LIBOR
26. Swaptions
27. Currency Options Calculator - Binomial Model

Available Products

Upcoming Products

For more information about our e-learning products and services
visit us at www.kesdee.com