BACK
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This course is designed to provide market users with a solid understanding of option pricing and the risk management of option positions. It will cover both relative valuation, notably put – call parity, and absolute pricing methodologies, including the binomial approach and continuous time, Black – Scholes approach.
Duration: 1,5 days
Prerequisites: previous knowledge of options. It is advisable to attend the Introduction to Hedging with Options course.
| Programme |
| The pay-off diagrams explained |
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Option market terminology |
| Using payoff diagrams to ensure consistency of pricing across strikes, maturities, and calls and puts |
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Understanding the self financing, replicating portfolio approach to option valuation and demonstrating consistency with the probabilistic approach to option valuation |
| Building the binomial price tree and using it to value options on futures |
| Breaking down the Black-Scholes model |
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Deriving a volatility input |
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Understanding and using the option risk sensitivities |
| Visito to the LME Viewing Gallery |
| Date |
Location |
Venue |
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10/09/08 to 11/09/08 |
London |
The London Metal Exchange, 56 Leadenhall Street, London, EC3A 2DX |
Book now |
| 18/11/08 to 19/11/08 |
London |
The London Metal Exchange, 56 Leadenhall Street, London, EC3A 2DX |
Book now |
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Course fees |
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Per delegate
N.B. Please note that a 17.5% VAT rate will be added to all the courses taking place in the UK |
£650
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Early-bird discount
N.B. Please note that this discount only applies when booking 60 or more days prior to the day of the course |
10% |
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Multiple booking discount
If you also book LME Options Trading Strategies |
£125 |
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Additional delegate discount
N.B. please note orders must be placed simultaneously for the discount to apply |
£20 |
Fees include all course materials, lunch and refreshments.
All registration fees must be paid prior to the event.
Please note that the dress code is smart casual.
All LME courses are delivered in English unless otherwise stated.
Further information
Click here to view all LME course dates in 2008 and to book your place online.
For more information about this course and other LME training courses, email lme.education@lme.com or telephone +44 (0) 20 7264 5555
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