This workshop focuses on the class of derivatives known as options, particularly equity options traded on the Australian Securities Exchange (ASX). Equity options offer investors an efficient means of managing the risks of adverse price movements in the share market. In addition, they give traders a vehicle by which to gain leveraged exposure to individual shares and selected indices.
This workshop covers option pricing, basic strategies and the mechanics of trading options on the ASX.
The workshop is based on face-to-face learning and involves a mix of presentation, case studies and scenario-based discussion.
Attendees will expect to walk away with a solid understanding of the following:
- Define an option
- List the main features of an equity option
- Explain the difference between call and put options
- Describe the difference between intrinsic and time value
- Identify the main influences on an option’s price
- List the main features, benefits and risks of the following strategies:
- Taken call
- Taken put
- Covered call
- Calculate the breakeven points and maximum profit and loss for the above strategies
- Explain the role of market makers in the options market
- Explain the role of the Australian Clearing House (ACH)
- List the key obligations under ASX Rules and the Corporations Act in opening an options account and advising a client
Who should attend the workshop?
The workshop is designed for individuals who are Advisers and others in sales and marketing, compliance, HR, IT and other supporting roles looking to develop their industry knowledge.
Is there any assumed pre-requisite knowledge for attendees?
There is no assumed knowledge for participants of this workshop.
Will attendees receive any CPD points for attending the workshop?
Yes, all attendees will receive a CPD Certificate for four (4) hours (Generic, Securities, Managed Investments, Derivatives).
See CPD Calendar for other upcoming CPD Workshops