- Introduction to the Markets
- The energy markets
- The soft commodity markets
- Precious metals
- Base metals
- Contract specifications
- Market Participants and Types of Trades
- Hedging trades
- Speculative trades
- Commodity swaps
- Commodity index products
- Contracts for differences
- Commodity baskets
- Following trade
- The Option Markets
- Option market terminology
- Listed option market contract specifications
- Pay-out diagrams at maturity and during
the life of the option
- Option premium calculations and the concepts
of time and intrinsic value
- Volatility and Put/Call Parity
- Historical volatility
- Implied volatility
- Observed volatility - what actually happened
- Put/call parity
|
- Introduction to Options Pricing
- The two-part process of pricing an option
- What drives an option price in the secondary
market?
- Option Greeks
- Calculating and explaining the “Greeks”
- How an option price moves for changes
in
- Commodity prices
- Time
- Volatility
- Interest rates
- Hedging Strategies
- Know your customer
- Constructing hedging strategies for a
portfolio using index options
|
