Swaps, Options and Futures

Course Description

This course introduces you to the fundamentals of options, and how to recognize the principal classes and types, understand the terminology, how they are quoted in the market, and how their value changes with the price of the underlying asset and the other principal factors determining the premium. We examine how the risk on an option is measured and how they are delta hedged. Learn to recognise basic option strategies, understand their purpose and understand the mechanics of and how to use money market interest rate derivatives to hedge interest rate risk.