This course starts off reviewing the fundamentals of options including trading conventions and quickly moves into valuing FX options. Managing the risks including delta hedging and the Greeks will be explored. A variety of applications such as hedging, zero cost collars and structured products are evaluated.
Objectives
By the end of the course, the participants will be able to:
- Explain the basics of FX Options
- Analyze option valuation including volatility, smiles and skews
- Apply FX options including option trading strategies and structured products
- Identify and manage the risks associated with FX Options; Delta, gamma, theta and vega
Suggested Prerequisites:
- Options
- Foreign Exchange – Spot and Forward FX and Their Applications or equivalent knowledge
Program Level: Intermediate
Advance Preparation: None
Computers and Financial Calculators: Calculators
Recommended CPE Credits: 7