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Trainings Cluster: Commodity Options Trading

These Competence Trainings allow mediors and seniors to master expertise in the field of options, as well as options trading and risk management.

You will master concepts, processes and terminology.

By trial-and-error learners can use their knowledge in a safe environment and practically apply what needs to be mastered flawlessly. Repetition is key in the process of embedding know-how and expertise at a deeper level. The aims of our simulation platform are manifold. It includes simulations to familiarise with option price formation, the factors influencing the option premium, the impact of changes in price levels and volatility on the financial performance and exposures, sensitivity analysis, and the Greek variables, including risk parameters, such as Delta, Gamma, Vega Theta and Rho.

Feel competent and confident

Competency training will lead to a range of improvements and it enhances your knowledge, skills, and your overall performance in the wholesale markets. You will feel much more competent and confident with concepts, processes and terminology.

Study Advice
Functionalities
Learning Objectives

Training Cluster: Commodity Options Trading

This cluster contains the following components, click on the link for more information.

» Simulation package: Options - Call option » Simulation package: Options - Put Option » Simulation package: Option Trading - Speculation » Simulation package: Option Arbitrage & Synthetics » Simulation package: Option Strategies » Simulation package: Options - The Greeks » Simulation package: Options - Delta Hedging

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24/7 access to all 50+ simulations

The trading simulations cover different products, various technical aspects and strategies, risk management and trading activities.

Run the trading simulations repeatedly, each time with a new scenario, they mimic real market conditions.

They help you to apply knowledge, optimise competencies and increase expertise.

Group licence

  • 24/7 access to:
  • All 50+ simulations
  • 3 months access for a group

Frequently Asked Questions

For whom is the Competence Trainer most useful?

The Competence Trainer is suitable for any professional in the commodity & energy markets with a business, control or support function. This includes regulators, compliance officers, surveillance experts, risk managers, analysts, clearing specialists, settlements officers and IT professionals, as well as junior traders and brokers.

How does it work?

Practice your abilities unlimited without risk. The simulations mimic real-life situations at work and the required market-related actions. A user can, for instance, act in the capacity of a trader and perform screen-based training, via a front-end trading system (replicating both OTC trading and exchange-trading), as well as by responding to telephone calls, either based on a dedicated assignment or free format (in any role of choice).

Is it difficult to perform the training?

No, there are five ways to guide you, namely 1. instructions (pre-simulation), 2. a tutorial (at the start of the simulation), 3. reminders (during the simulation), 4. report & advice (post-simulation), and 5. exam.To ensure progress is not hindered, a tutorial helps you to get started, while reminders are generated during the simulations to keep you on track.

What ensures that I improve my competencies with the Competence Trainer?

You turn information into knowledge. Competence training facilitates the conversion of information into knowledge by guiding learners through active engagement, critical analysis, and practical application of lessons learnt.

What learning objectives does the Competence Trainings Cluster Commodity Options Trading serve?

The bundle of trading simulations includes the following learning objectives:

  • Conquer types of products
    • Futures & options
    • Spreads (vertical call/put spreads)
  • Assure your expertise in pricing
    • Price formation of options, in relating to underlying futures contract
    • Prices differences between calls and puts
    • The impact of price volatility on the premium
    • The consequence of the strike price for the option premium
    • Time-to-maturity and the result for the premium
  • Overcome exchange-trading with futures & options
    • Clearing
    • Margining (intial & variation margin)
  • Conquer risk management
    • Scenario analysis: Value at risk (VaR)
    • Sensitivity analysis: Greek variables (Delta, Gamma, Vega, Theta, Rho)
  • Learn how to optimise the financial performance
    • Securing future cash flows and margins
  • Interpret result – Understand the financial statement
    • Take into account relevant aspects in order to qualify or to quantify the performance:
      • Direct transaction costs (fees), as well as indirect transaction costs (slippage)
      • Profit & loss (P/L), realised(after liquidation) & unrealised (open positions; M-to-M)
    • The process of (cash) collateralisation
      • Deposits (initial margin + variation margin)
    • Cash management
      • Finance liquidity & working capital
    • Identify transaction cost
      • Exchange fee & clearing fee

How much time will it take me to go through all the simulations?

At every simulation you can choose to run it in fast mode (5 minutes), medium (10 minutes) or slow (30 minutes). Next, you have access to a multitude of (different) simulations. This means you need to multiply by this number. Furthermore, as you may run each simulation unlimited times, you can spend as much time as you’d like. Luckily, every time you run the same simulation;you will face other circumstances just like in reality (random scenarios lead to different market developments).

What are my options if the validity period of my licence has expired but I haven’t gone through everything yet?

Send your request to renew your licence per email to info@entrima.org. Upon your payment we’ll effectuate your renewal.

Can I extend the validity period of my licence?

Yes, easily. Send your request to extend the validity period of your licence per email to info@entrima.org. Upon your payment we’ll extend the validity period, or (if already expired) we’ll effectuate your renewal.

Do I get a certificate if I have completed everything correctly?

Any simulation ends with an exam, consisting of a selection of questions. Upon passing you’ll be certified instantly, ready for immediate download from the system, so that you can upload into your corporate and/or personal files.

How can I develop my competencies even further?

Entrima offers a variety of learning services. Amongst these, a tailored training guided by a tutor (online or on-site) might be preferred, although Entrima’s “Intervision” service is another excellent option to extend your knowledge and skills by reflecting on a wide range of topics ongoing. This way, continuous professional developed is effectuated.

ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

The most positive element of ENTRIMA’s online learning services concerns the progressive (step-by-step) approach from simple to more complex concepts.

Ronan Haas
Eurelectric

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
Uniper Global Commodities