Courses

Courses

In Company

Intensive Module

Aimed at executives with responsibilities in the commercial, financial, treasury, controllership, logistics, production and legal areas, traders who operate in the derivative markets, controllers and auditors who need to know in depth the existing protection mechanisms in the market, risk managers, professionals in the credit area, investors, company advisors, journalists covering the commodities markets, undergraduate, graduate, MBA students and other interested people.

Program content:

1. Risk management
– Definition
– Goal
– Activity
– Types of risk
– Value at risk

2. Future
– The Markets Function
– Forward market
– Stock market
– Market participants
– Financial integrity mechanisms (guarantee margin / daily adjustment)

3. Derivatives
– Historic
– Definition
– Why derivatives
– Futures, options and counter

4. Hedge
– Definition
– Goal
– Types of hedge
– Physical and future markets

5. Basis
– Definition
– The basis and hedge in the purchase
– The basis and hedge in the sale

6. Spreads
– Market in cost and charge
– Inverted market
– Positioning of funds

7. The focus of trading
– Fundamentals
– Position taking

8. Futures options
– Concept
– Terminology
– Styles: American and European
– Inside, outside and in the money

9. Pricing of Options
– Variables that affect the premium
– Black & Scholes
– The binomial method
– Normal distribution

10. Volatility
– Implicit and historical
– Calculation
– Different volatilities

11. The Greeks

12. Delta Hedging
– Concept
– Settings
– Comparing with futures
– Time / volatility ratio

13. Synthetic Operations
– The mathematics of options
– Put / call parity

14. Strategies
– Directional
– Volatility
– Structuring a winning strategy

Duration: Approximately 24 hours
Instructor: Arnaldo Luiz Corrêa