Programme
- Fundamentals & essentials of options
- Rights & (potential) obligations
- Risk-reward ratio
- Valuation of options and optionality
- Models & parameters
- Exotic options vs vanilla options
- Flexibility in supply contracts
- Validity time of proposal
- Take or pay constructions
- Volume flexibility
- Optimisation
- Swing optionality
- Capitalisation
- Flexibility on physical assets
- Capacities
- Processing capacity (combined production & consumption capacity)
- Storage capacity
- Transport capacity
- Margin
- Spreads
- Spread trading
- Asset-backed trading
- Dynamic hedging & financial optimisation
- Locking-in intrinsic value & monetising extrinsic value
- Delta-hedging
- Capacities
