Bottova 2A, Bratislava 811 09, Slovakia
Options
Options are non-linear derivatives of the financial market. The options market represents the trading of implied volatility or the probability of a certain development of the underlying asset. The option risks are complex and are measured using "Greek" risk factors.
| Length: | 1 day (23 May 2023, online public) |
|---|---|
| Difficulty: | Expert |
| Price: | 490€ + VAT 20% (588€), or individual (in-house) |
| Place: | on-line, or in-house (on-line/on-site) |
Content
- Options - non-linear financial market products, terminology and the option market conventions
- Valuation of options, Black-Scholes formula, principles of trading with implicit volatility
- Types of options:
- Call and Put
- Payer and Receiver
- American, European, Bermuda
- Option pricing, intrinsic and time value
- Option moneyness before maturity: ATM, ITM, OTM
- Option risk profiles at maturity
- Option strategies: Bull/Bear spread, Zero-cost, Straddle, Strangle, Butterfly, Condor
- Option risk factors (Delta, Gamma, Kappa, Theta, Rho, Vanna, Vomma, Charm and more)
- Non-linearity of options before maturity, dependency of implicit volatility from the value of the underlying asset (vola skew)
- Gamma Trading
- Exotic options: Digital, Barrier, Asian
- Examples and case studies of practice, calculations and explanations in Excel
Bearning Case Studies and Simulation
Bearning Option Workshop is supported by excel based case studies and simulations - Bearning SimTrea.
Target group
- Treasury and Corporate Treasury experts
- Bank professionals interested to understand Treasury and financial markets
- Product managers and project managers for Treasury area
- Bank professionals and experts from other related departments (audit, risk management, back-office, compliance ....)
Preparation or additional learning (optional)
Bearning E-learning in the form of script and/or texts, questions, multi-level tests, solutions and explanations. Large discounts for workshop participants (30-50%)!
This training is available in-house for a bank or an organized group of professionals, extent 1 to 2 days.