- This course examines the key Greek variables used to assess option risk.
- Delta
- Theta
- Gamma
- Vega
- Rho
- This course examines credit default swaps including key terminology, mechanics, payoffs, probability of default and premium.
- Introduction to credit derivatives and CDS
- Key terminology and mechanics of CDS
- Payoff
- Credit events
- Settlement
- Pricing
- Probability of default and hazard rate
- Expected loss
- Upfront premium
- Valuation after inception
- Termination
- Applications
- This course takes a deep dive into the options market and discusses the various types of options contracts, options payoffs, as well as various options strategies.
- Overview of options market
- Calls vs. puts
- Moneyness
- Types of options
- Financial
- Future
- Commodity
- Interest rate options
- Caps and floors
- Option payoffs
- Intrinsic vs. time value
- Lower and upper bounds
- Put-call parity
- Options strategies
- Calls and puts
- Covered calls
- Protective puts
- This course takes a deep dive into the swaps market, including the various types of swaps contracts.
- Overview of swaps market
- Interest rate swaps
- Currency swaps
- Equity swaps
- Other swaps
- Swap valuation
- Termination
- This course takes a deep dive into the futures market, examining forwards vs. futures as well the various types of futures contracts. Also covered are the topics of clearinghouse, margin, settlement and termination.
- Overview of futures market
- Futures vs. forwards
- Key players
- Most popular and active contracts
- Clearinghouse
- Margin
- Settlement
- Price limits
- Termination
- Types of futures contracts
- This course takes a deep dive into the forwards market, examining forwards vs. futures as well the various types of forwards contracts.
- Overview of forwards market
- Futures vs. forwards
- Key players
- Equity forwards
- Bond forwards
- Forward rate agreements
- Currency forwards
- This course provides and overview of the various types of derivatives, including options, forwards, futures and swaps. Pros and cons are discussed as well.
- Pros and cons
- Types of derivatives
- Forward commitments and contingent claims
- Forwards
- Futures
- Swaps
- Options
- Arbitrage