Interest Rate Options - Practical Essentials
Price: £192.00
Purchase NOWTeacher: Dr David Cox
Length: 1 hour 36 minutes
Course access period: 6 months
This course on Interest Rate Options covers
- Option Payoffs
- Relationship between Options and Forwards
- Time Value and its Causes
- Valuing Vanilla Options
- Volatility Basics
- Assumptions about Asset Price Movements
- Trees, Distributions and Pricing
- Hedging and Risk Neutrality
- Americans and Bermudans
- Sensitivities – “The Greeks” and How They Work
- What Drives Option Book P&L
- Hedging Costs vs Time Decay
- Volatility Skew and Smile
Who this course is for
- Interest-rate sales, traders, structurers and quants
- Bank Treasury and other Asset Liability Management executives
- Central Bank and Government Treasury Funding managers
- Fixed Income portfolio managers
- Company finance executives and investment bankers
Prior knowledge
General understanding of fixed-income markets is assumed. Some of the important basic topics in bond maths are covered briefly at the beginning of the course.
