Options Markets II

Building on the knowledge gained in Options Market I, participants use case studies and market scenarios to drill down further into strategy.

14-Mar-2012 -- 14-Mar-2012Toronto, CanadaUSD$1575
New York Institute of Finance - Toronto9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Ronald T. Slivka; ] Wed Level: Intermediate

25-Jul-2012 -- 25-Jul-2012New YorkUSD$1575
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ McCabe Hurley; ] Wed Level: Intermediate

12-Sep-2012 -- 12-Sep-2012ChicagoUSD$1575
NY Institute of Finance - Chicago9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Various Instructors; ] Wed Level: Intermediate

12-Dec-2012 -- 12-Dec-2012New YorkUSD$1575
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ McCabe Hurley; ] Wed Level: Intermediate

CPE CREDITS
7.0
Traders, sales professionals, back office professionals, financial analysts, cash/money managers, auditors, compliance professionals, financial and bank officers, accountants and regulators.
No advance preparation required.
Students will be able to:
  • Identify the basic option strategies: yield enhancement trades, spreads, collars and volatility trades (straddles & strangles).
  • Demonstrate the Black-Scholes and Cox,Ross & Rubenstein models: how to use the models, what the option prices tell us and how to use the options models in the real world.
  • List the outputs of the option pricing models
  • Explain delta neutral trading and how option market makers (dealers) price options and make money.
Options 1 (part of 5 day derivatives suite), Options Markets (evening class), or equivalent knowledge; 2 - 3 years financial markets experience, working for a bank or brokerage firm currently in the derivatives (options) business. A minimum of one year professional working experience for a bank or broker in their options department (trade or trade support).
"The instructor offered a clear explanation of a complex subject."
"This course was clear and concise."
"The course was very practical."
"The instructor is a definite strength of the course!"
"Equips one with a comprehensive set of scenarios from which to pick one's individual strategy."
Options Markets 2
Trading Strategies
  • Reviewing the Building Blocks of Options: Puts and Calls
  • Spreads
  • Volitile Plays
  • How to increase yields
  • Portfolio strategies
  • Develop costless strategies to protect profits

Options Pricing

  • Introduction to probability
  • Option Valuation using the binomial model
  • Examine volitility and the different types of volatilities
  • Introduce normal distributions
  • Black Scholes Model

The Greeks

  • Delta Neutral
  • Software Application
  • The Greeks are defined and applied in options trading

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.