	Derivative Course - Advanced Professional Module & Strategies "Specialized Course"
course Part - I	(CERTIFICATE COURSE) Buy Now
	Session - I (35-Pages)- Derivatives Basics
	Meaning of Derivatives
	Example
	Emergence
	Factors for Growth of Exchange Traded Financial Derivatives
	Participants in Derivatives
	Functions of Derivatives
	Types of Derivatives
	Size of Derivatives Market and its Potential
	Introduction to Forwards
	Forwards – Salient features
	Forward- Users
	Forward - Limitations
	Introduction to Futures
	Distinction between Futures and Forwards
	Future Trading
	Futures Terminology
	Futures Payoff
	Futures – Buyer Payoff
	Futures – Seller Payoff
	Uses of Futures
	Importance of Index
	Types Of Indexes
	Index Derivatives


Part - II
	Session - II (80-Pages)- Technical of Future & Option for Profit

	Futures on expiry & Terminology
	Risk
	Margin
	Future Pricing
	Examples
	Three possibilities for Index trading:
	Hedging
	Hedging on a Scrip
	Beta
	Hedging on a Scrip (non F&O segment)
	Divident
	Arbitrage: Overpriced futures: buy spot, sell futures
	Arbitrage: Underpriced futures: buy futures, sell spot
	Settlement of futures contracts
	Why Options ?
	Based on Right to Exercise Call options and put options
	Options Terminology
	Option Vs Futures
	Options (In the Money - Out the Money- At the Money)
	Types of Option (European Option, American Option)
	Call - Put Option (Skeleton Explained)
	Example (for call option)…
	Selling a call option:
	Buying a put option:
	Selling a put option:
	Example (sell a put)…
	Options Payoff
	Buying of a Call Option
	Payoff chart
	Selling of a Call Option
	Payoff Chart
	Put Option
	Buying of a Put Option
	Payoff Chart
	Selling of a Put Option
	Payoff Chart
	Valuing Equity Options
	Option Pricing
	Option Pricing Models
	Settlement of options contracts
	Points to remember


Part - III
	Session - III (40-Pages)- Derivative & Leveraging with Other Details

	LEVERAGING
	Basis Risk
	Convergence of Futures to Spot (Hedge initiated at time t1 and closed out at time t2)
	Questions
	Short Selling
	Why Hedge Equity Returns
	Long & Short Hedges
	Arguments in Favor of Hedging
	Arguments against Hedging
	Long Hedge
	Short Hedge
	Choice of Contract
	Optimal Hedge Ratio
	Hedging Using Index Futures
	Reasons for Hedging an Equity Portfolio & Example-1, Example-2
	Changing Beta
	Hedging Price of an Individual Stock
	Rolling The Hedge Forward
	Mechanics of Call Futures Options
	Mechanics of Put Futures Option
	The Payoffs
	Dividends & Stock Splits
	Option Pricing
	Factors affecting options price
	Valuing Equity Options..contd.
	Warrants
	Nature of Swaps
	An Example of a “Plain Vanilla” Interest Rate Swap
	Cash Flows to Microsoft
	Typical Uses of an Interest Rate Swap
	Baskets
	Points to remember


Part - IV	Session - IV (100-Pages)- Deep In-depth Strategies Explained in Detailed

	DERIVATIVES TRADING STRATEGIES
	INITIATING MARKET POSITIONS WITH OPTIONS
	Strategy Matrix
	Long Calls Strategy 1 Payoff Profile Short Calls Strategy 2 Payoff Profile Long Protective Puts Strategy 3 Payoff Profile Short Puts Strategy 4 Payoff Profile Strategy 5 Payoff Profile Strategy 6 Payoff Profile Buy Write / Covered Write Strategy 7 Example Pay Off Sell Write Strategy 8 Bull Spread using Calls Strategy 9 Example Case 1, 2, 3 Bull spread using Puts Strategy 10 Example Pay Off Bear Spread using Call Strategy 11 Pay Off Bear spread using Puts Strategy 12 Pay Off STRADDLE Strategy 13: Long Straddle Strategy 14: Short Straddle Example Strangle Strategy 15: Long Strangle Strategy 16: Short Strangle Example Break even point Semifuture Strategy 17 Payoff Strategy 18: Call Ratio Spread Example Payoff Strategy 19: Put Ratio Spread Payoff Strategy 20: Backspread using Calls Example Pay Off Strategy 21: Backspread using Puts Example Pay Off Strategy 21: Backspread using Puts Example Pay Off Strategy 22: Long Calendar Spread Example Strategy 23 : Short Calendar Spread Example Strategy 24: Strips Example Strategy 25 : Straps Example Strategy 26 : Long Butterfly Example Pay Off Strategy 27 : Short Butterfly Example Pay Offs Strategy 28 : Long Condor Spread Example Pay Off Strategy 29 : Short Condor Spread Example Pay Off Strategy 30 : COLLAR Example Pay Off Strategy 31 : Box Spread Strategy 32 : Synthetic Short Stock Example Option Strategies - Neutral Option Strategies - Volatile Strategy Guide - Table Risk – Return Profile Long Futures Long Futures – Variant Long Semi – Futures Long Semi – Futures Long Call Long Call – Variant Short Put Short Put – Variant Bull Call Spread Bull Put Spread Call Ratio Backspread (CRB) Call Ratio Backspread


Part - V	Session - IV (25-Pages) - Technicals & Derivative Jargon

	The Greeks
	Delta Delta of an Option
	Gama Example Gama of an Option
	Theta Theta of an Option
	Rho Rho of an Option
	Vega Vega of an Option
	Volatility Historical Volatility Implied Volatility