Options – Greek Variables

This course provides learners with a comprehensive overview of the risk parameters related to option positions. It is explained how the Greek variables can be used to perform risk management. Throughout the course one can master advanced knowledge of the Greeks and how sensitivity analysis can be effectuated, as well as how this allows to manage positions. In addition, the relationships between the risk parameters are clarified.

This course covers the following video lessons:

1. Risk parameters
2. Dynamic concepts
3. Delta – Introduction
4. Delta – Call Delta versus put Delta
5. Delta – Sensitivity
6. Delta – Long versus short position
7. Delta – Portfolio management
8. Delta – Relevant notes
9. Delta – Hedge ratio
10. Delta – Non-linear exposure vs. linear hedge
11. Delta – Dynamics of Delta
12. Theta – Introduction
13. Theta – Portfolio management
14. Vega – Introduction
15. Vega – Portfolio management
16. Rho
17. Second order Greeks – Introduction
18. Vanna
19. Vomma
20. Charm
21. Veta
22. Vera
23. Gamma – Introduction
24. Gamma – Characteristics
25. Gamma – Rules of thumb
26. Third order Greeks
27. Application – Coherence – Delta
28. Application – Coherence – Gamma, Vega & Theta
29. Application – Coherence – The process of the underlying
30. Application – Coherence – Greeks of a linear product
31. Risks beyond Greeks – Liquidity risk
32. Risks beyond Greeks – PIN risk
33. Risks beyond Greeks – Fugit

 

Our Labels

Entrima and Market Abuse Centre (MAC) are the two labels we operate to provide learning services for professionals in the commodity & energy markets.
 
 


Content & Context

Entrima’s mission is to transfer knowledge regarding the business, controls & operations of parties in (or relating to) the wholesale markets.

www.entrima.org


Conduct & Culture

MAC’s mission is to facilitate the prevention & detection of misconduct and to foster proper behaviour in organisations. This is achieved via training, periodic updates and increased awareness.

www.marketabusecentre.com