Duration: 1.5 days

Prerequisites: previous knowledge of options. It is advisable to attend Introduction to Hedging with Options and LME Options Pricing prior to attending this course.

Programme

Practical issues relevant to options on LME futures: the impact of price backwardation on option prices

Understanding the volatility of the forward curve

Prima on other pricing models, including Merton’s jump diffusion model, Trinomial trees, and Monte Carlo simulation approaches

Common OTC option types

Commodity-linked bonds: how they are constructed, who issues them, and who invests in them

Visit to the LME Viewing Gallery

Question and answer session

Date	Location	Venue
19/11/08 to 20/11/08	London	The London Metal Exchange, 56 Leadenhall Street, London, EC3A 2DX	Book now

Course fees
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
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%
Multiple booking discount If you also book LME Options Pricing	£125
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