Options Workshop
Programme Director: Dr Michael Smith
By the end of the programme, through the workshop approach, delegates will have a deep intuitive understanding of the pricing, hedging and trading of financial options. The derivatives industry impacts on all sectors of investment banking, and whether or not delegates are currently pursuing a career in derivatives trading/sales/research, they will find this programme extremely useful. The overriding philosophy of the programme is: ‘learning by doing’.
FTS Trader™, developed by Carnegie Mellon University, is a case study based pricing and trading platform that gives delegates the opportunity to trade on their own prices. Chisholm Roth London’s RiskManager™, allows delegates to trade volatility and direction as option market makers, whilst managing the risk of the options book (delta, gamma, vega) in a dynamic news led environment. Options Strategist™ is an Excel based analysis package, which shows delegates how to analyse the time/risk
dynamics of an options portfolio.
Participants will learn how to:
- Understand how to trade volatility
- Gain a practical understanding of option pricing
- Learn to be an options market maker
- Learn to hedge the volatility risk of an options portfolio
- Get hands-on experience of trading options using state-of-the-art simulation software
- Learn standard option trading strategies with the CME strategy guide
- Benefit from a practitioner-led approach
Who should attend?
- Junior derivative traders
- Middle and back office personnel
- Investment banking personnel
- Junior risk managers
- Corporate treasurers
- Commercial bank treasury personnel
- Fund managers
- Financial control, risk and compliance personnel
- Derivative systems developers
Further information
The ICMA Centre offer a workshop series which are available on a group booking basis. For further information or to request a tailored workshop for your organisation please email l.ley@icmacentre.ac.uk.
