The two-day course is designed for professionals wishing to add to their practical understanding of the basic energy derivative structures by extending the hedging strategies to include options and options-based structures. The session is an excellent follow-up to the Fundamentals of Energy Trading & Hedging course. *A laptop is required for this course* A complete set of course materials and lunches are included.
Outline:
Introduction
Review of Puts & Calls
Types of Options used in Energy Hedging (American, Asian, European, Swaptions & Binary)
Option Pricing Basics
Buying/Selling Option Strategies - Cost-less Collars, Two-Ways, Three-Ways
Buying/Selling Option Strategies - Using Options with Futures, Strips, Straddles & Strangles
Buying/Selling Option Strategies - Butterflies & Bull/Bear Spreads, Cross-commodity Spreads
Comparing Futures to Options
Designing Hedge Strategies based on Risk Tolerance and Corporate Goals
Stochastic Price Processes Including Mean Reverting Random Price Simulation
Real Options/Contingent Claims Analysis
To view course details or to register,http://www.peice.com/eventdetails.aspx?event=104572&frfi=272406
For further information, contact: michele@peice.com
Start Date Monday, August 25, 2008
End Date Tuesday, August 26, 2008
Posted by PEICE on Wednesday, June 25, 2008 16:35
Location Houston
Category Training Courses
Feeds RSS and Email Alerts