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Course Description

Equity derivatives are one of the most exciting and fastest-growing investment categories. Yet these instruments are considerably more complicated than equity and come with unique risks.

In this course, you will examine option contract pricing. You will gain hands-on experience with modeling option contract prices based on market and contract parameters, the impact of changing conditions on contract prices (known as the Greeks), and how options contracts can be combined with equity to create unique investment strategies. By the end of the course, you will be able to analyze the performance of contracts over time and under different market conditions before expiration and prepare strategies to use contracts to hedge against various types of market risks.

You are required to have completed the following courses or have equivalent experience before taking this course:

  • Quantitative Modeling of Fixed Income Debt Securities
  • Equity Asset Pricing Using Stochastic Models
  • Analysis of Equity Derivatives at Expiration

Faculty Author

Jeffrey D. Varner

Benefits to the Learner

  • Simulate American option price dynamics using a binomial lattice model
  • Compute the probability of profit for a single or composite options contract
  • Compute the delta, theta, and vega for short or long calls and puts
  • Use dynamic delta hedging to compensate for share price fluctuations

Target Audience

  • Quantitative analysts
  • Finance professionals looking to upskill in data modeling
  • Engineers looking to transition into finance
  • Research scientists
  • Computer scientists
  • Personal investors

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Jun 04, 2025 to Jun 17, 2025
Total Number of Hours
16.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Jul 30, 2025 to Aug 12, 2025
Total Number of Hours
16.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Sep 24, 2025 to Oct 07, 2025
Total Number of Hours
16.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Nov 19, 2025 to Dec 02, 2025
Total Number of Hours
16.0
Course Fee(s)
Regular Price $999.00
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