Options I - Fundamentals of Energy Options
Date: 19 August 2008
Venue: Cape Town, South
Africa
Code: FOEO\ARSA08
Cost: GBP£640
Course Summary
This course allows delegates to experience this fascinating
and complex field first hand. Long thought a difficult topic, this course makes
options easy! This full day workshop covers everything from premium valuation
to advanced trading strategies on exchange traded options, specifically those
related to energy commodities, including oil, gas and electricity. You will
gain even more valuable insights through our unique trading simulation and
comprehensive review at the end of the day.
8 CPE credits awarded for this course.
Who Should Attend?
Class delegates include everyone from trade support staff all
the way up to senior management -- anyone who needs to learn the basics for the
first time or sharpen their skills on futures terminology and trading. This
programme deals with many different energy commodities, including oil, gas and
electricity.
Prerequisites:
Princeton Energy
Programme’s Fundamentals of Energy Futures or a thorough understanding of
exchange traded futures contracts.
Pre-classroom Study:
As part of our blended
learning package, this workshop has a specific web-based course which is
recommended as pre-classroom study. Upon registering for the workshop delegates
will receive details of how to access the web-based course. Access to the
web-based course is included in the price of the classroom course. To optimize
your classroom experience, it is recommended you take the appropriate online
study as close to the classroom date as possible. The recommended pre-classroom
study for this workshop is PrincetonLive.com's Options Always Die.
Course Contents
- Characteristics and profit and loss profiles of calls and
puts
- The 'anatomy' of an option
- Being an option 'holder' vs being an option 'writer'
- Exercise and assignment
- The different styles of options - American and
European
- Calculating intrinsic and extrinsic value
- Discuss the variables affecting the Black-Scholes options
pricing model
- The importance of volatility - both historical and
implied
- Using bear and bull fences
- The behavioral characteristics of premiums
- The 'Wasting Asset Theory'
- The meaning of delta, gamma, vega and theta
- Included in the manual and covered if time permits:
Characteristics of straddles with profit and loss profiles
Request brochure and registration
form
Click here to
request a brochure and registration form for this course.
