Flexibility – Embedded & real options

Flexibility in physical assets & Optionality in client portfolios

Flexibility – Embedded & real options

1,490.00 excl. VAT

Description

 

Target groups:

  • Including staff of commodity & energy supplying firms, and employees of companies with physical capacity (production, consumption, storage, transport). Also suitable for brokers, system operators and staff of a commodity or energy trading firm.

Learning objectives:

  • Being able to identify business decisions and understand the related room for choices.
  • Being able to convert managerial decisions in terms of options.
  • Understand the type and level of flexibility in an asset or portfolio.
  • Understand how flexibility can be modelled.
  • Understand the advantage of modelling and why this supports valuation and hedging.
  • Master the option theory and its application on the flexibility in a firm’s physical and financial assets.
  • Master related processes and concepts, as well as relevant terminology.
  • Become an expert in the pricing and valuation of flexibility.
  • Get grip on the way to handle flexibility and capitalise on it.

Tutor(s):

  • Jerry de Leeuw, MSc. (founder of Entrima, former trader and author of the book “Optionality & flexibility”)

Including:

  • Lunch
  • Study materials (handout + book)
  • Guided tour around the exchange, brokers, hedge funds and trading firms.

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

Practical Information

When

Friday 27 January 2023, 10:00-16:00

Where and how?

Entrima office (Beursplein 5, 1012 JW Amsterdam, The Netherlands)

Price

1,490.00 excl. VAT

Bulk Purchase Enquiry

Contact us for more information regarding bulk purchases.








     
    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