Your browser is unsupported

Please visit this URL to review a list of supported browsers.

Options Strategies & Risk Management: VIRTUAL DELIVERY

Course Information

Price£1,750.00 + VAT
Duration2 days
LocationVirtual: EMEA Time Zone
Available Dates

Who Should Attend

  • Personnel from the energy market, trading companies and other individuals who wish to gain an understanding of energy options and their uses
  • Risk management and financial departments of oil, gas and electricity companies
  • Exploration, production, transportation and refining departments of energy companies
  • Oil, gas and other energy producing, supply and distribution companies
  • Major energy consuming businesses
  • Trading companies, banks, brokers, government, regulators and associated organisations

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

Day One

  • Session 1: Review basics

- Options contracts

- Theoretical value and assumptions in the option model

  • Session 2: Volatility

- Historic and Implied Volatility

- Standard deviation of price changes

- Future expectation

  • Session 3: Put/Call parity

- Conversion/Reversal

- Synthetic future

Lunch

Session 4: Delta

- Understand changes in delta with price

- Volatility and time; value in hedging and managing an option portfolio

Session 5: Gamma

- Understand impact on option position and risk of short dated, near the money options

- Value in managing an option portfolio

Session 6: Theta/Vega

- Understand the impact of changes in volatility and time

Day Two

Session 7: Directional trades

- Reducing the cost of buying options

Session 8: Volatility

- Trading the view on volatility

Session 9: Alternative plays

- Moderate bullish/bearish and neutral plays

Linch

Session 10: Risk management strategies

- Cost of using options to hedge

- Change risk profile with Collar/Fence

Session 11: Trading options

- Opportunistic trading versus market making

Session 12: OTC options

- Wide range of products in the OTC space