Price | £1,050.00 + VAT |
---|---|
Duration | 2 days |
Location | Virtual: EMEA/Asian Time Zone |
Available Dates |
o Day 1 0845 - 0900: Technology check in to ensure all technology working and that all delegates have required access.
o 0900 - 0945: Session 1 - Key principles & volatility
o Intrinsic value & time value - put-call parity
o Option pricing, relationships & modelling
o Option strategy - the trading decision
o Option prices & delta
o Key types
o Uses
o 1000 - 1045: Session 2 - Implied volatility ranges & interpretation of volatility
o Across asset classes
o In relevant contracts
o Probability theory
o Translated to markets & metrics
o 1100 - 1145: Session 3 - Volatility skew
o Across different asset classes (positive/negative/smile)
o In specific relevant contracts
o Ways to monitor skew
o Day 2 0845 - 0900: Technology check in to ensure all technology working and that all delegates have required access.
o 0900 - 0945: Session 4 - Option market-making & gamma
o Role of market-makers
o Standard practices of market-makers:
o Definition
o Examples
o Trading long gamma
o Trading short gamma- being whip-sawed
o Gamma rent
o 1000 - 1045: Session 5 - Advanced option strategy
o Long vertical spreads
o Variations on verticals
o Short straddle vs iron fly
o Short strangle vs iron condor
o Collars (fences) revisited
o Horizontal spreads
o 1100 - 1145: Session 6 - Option spreads & combinations
o Accumulators
o Heuristic rules
o Portfolio Greeks
o What-if reports