TIME

TOPIC

09.00 am – 09.30 am

Registration of Participants

09.30 am – 11.00 am

Basics: Futures Product Specifications, Open Interest, Mark-to-Market, Margining, Other Derivatives: Interest Rate Futures, Swaps, and FRAs,Options: Option Basics: Concept, Time Decay; Strike prices Basic Put-Call strategies

11.00 am – 11.15 am

Tea Break

11.15 am – 01.00 pm

Strategy: Futures: Stock and Index Futures, Basket - Pair Trading, Basis Trading

01.00 pm – 02.00 pm

Lunch Break

02.00 pm – 03.30 pm

Synthetics: Synthetic Call and Put strategies, Synthetic Futures Strategies

03.30 pm – 03.45 pm

Tea Break

03.45 pm – 05.15 pm

Pricing: Futures Pricing:Cost of Carry, expectation Hypothesis, Fair Value Pricing,Option Pricing: How to leverage it for derivatives trading, Put-Call Parity, American and European Options Pricing, Dividend and non-Dividend Paying Stocks

TIME

TOPIC

09.30 am – 11.00 am

Strategy - Greeks: Delta Neutral strategies, Delta - Gamma neutrality, Delta v/s Time; Delta v/s Volatility; Gamma v/s Time and Volatility, Vega, Theta and Rho; Volatility Trading Strategies

11.00 am – 11.15 am

Tea Break 

11.15 am – 01.00 pm

Arbitrage and Hedging: Futures - Futures and Cash - Futures; Options Arbitrage, Hedging: Types of Risk: Basis Risk, Systematic and Unsystematic Risk Utilities of a Hedge for Mutual Funds Cross Hedging; Protective Put, Fencing Strategies, Portfolio Hedging Strategies, Tailing the Hedge - Case - Live Portfolio

01.00 pm – 02.00 pm

Lunch Break 

02.00 pm – 03.30 pm

Forecasting: Using Options and Futures: Put - Call Ratio; Volatility Forecasting,

Futures: Forecasting Strategies: Open Interest - Volume and Price Patterns, Volatility Index

03.30 pm – 04.00 pm

Tea Break 

04.00 pm - 05.30 pm

Strategy: Spread Strategies; Exotic Strategies; Covered Call Strategies