Equity derivatives are one of the most exciting and fastest-growing investment categories. Yet these instruments are considerably more complicated than equity and come with unique risks.
In this course, you will examine option contract pricing. You will gain hands-on experience with modeling option contract prices based on market and contract parameters, the impact of changing conditions on contract prices (known as the Greeks), and how options contracts can be combined with equity to create unique investment strategies. By the end of the course, you will be able to analyze the performance of contracts over time and under different market conditions before expiration and prepare strategies to use contracts to hedge against various types of market risks.
You are required to have completed the following courses or have equivalent experience before taking this course:- Quantitative Modeling of Fixed Income Debt Securities
- Equity Asset Pricing Using Stochastic Models
- Analysis of Equity Derivatives at Expiration
