Course Summary

Options are a growing part of energy hedging and speculating, and understanding how they work allows any trader to make better choices in using them. Once you've mastered the basics through our Options I - Fundamentals of Energy Options course, you can learn how to take advantage of fast-changing markets to get the most out of your option positions with this course, which takes your skills to a higher level. This full day workshop not only extends your understanding of option dynamics, but also allows you to practice these skills through our unique trading simulation.

8 CPE credits awarded for this course.

Delivery Method: Group-Live

Who Should Attend?

This programme deals with many different energy commodities. Delegates include everyone from trade support staff to senior management.

Prerequisites

Princeton Energy Programme’s Options I - Fundamentals of Energy Options or equivalent experience.

Includes Web-based Pre-study Module

This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this 'blended' learning approach, in-class time and learning are optimized.

Not sure if you have the appropriate experience? Click here to test yourself on futures and options knowledge necessary for this course.

Course Contents

• The impact of option deltas on profits and losses
• How option gamma affects your price exposure
• The benefits and costs of time decay
• How market volatility affects options
• Option hedging techniques, such as delta hedging
• How to combine options to create other options, and why it works
• Important characteristics of extrinsic (time) value
• Different ways to calculate option values
• Exercise styles and what impact they have
• Options on price spreads
• What the pricing models don’t measure

The following course(s) are available..

Date / No of days	Location	Fee: Course only	Fee: + accommodation	Code
7 December 2010 (1)	New York, NY	USD$980	- n/a -	#OPA120710