Summary

Learning Outcomes

• Forward contracts - understanding of factors driving it including interest rate differentials and monetary policy steps, for able to assess its influence on spot market
• Deeper conceptual clarity on options and option pricing approach
• Intuitive learning of Black-Scholes approach to option pricing
• Understanding volatility computations and inference of market price movement expectations from implied volatility 
  

Who should attend?

• Treasury Derivatives Sales and Corporate banking relationship managers in Banks
• Junior option traders 
• Middle office and product functions
• Wealth managers, brokerage firms, family offices
  

Course Content.

Day 1

Sessions 1 & 2

Forwards And Options - Foundation  

• Financial markets & price discovery process
• Brush up concepts on Derivative - Forward pricing, 
• Swap market and its influence on spot market
  

Sessions 3 & 4

Options - Pricing Approach

• Brush-up of key concepts
• Market price discovery of vols and options market functions
• Intuitive option pricing understanding
  

Day 2

Session 5

Smile Cure and Greeks  

• Construction of Smile curve and surface
• Deriving implied vols, risk reversals, butterfly
• Greeks -introduction and interpretations
  

Session 6

Structured Products and Strategies

• Working out various strategies with combination of option legs
• Analyzing each structure using combined Greeks
  

Session 7

Exchange Traded Options 

• Analyzing open interest
• Construction of option strategies and evaluation
• Greeks and risk representation
  

Sessions 8

Exotic Options

• Introduction to exotic options
• Understanding some popular options

Trainer Profile

He is a financial market expert with over 25 years of experience.Had started his career in a large corporate as FX risk manager and served in an MNC bank (Standard Chartered Bank) for about two decades in their foreign exchange function.

He held various roles including Treasury Sales advising clients on FX and interest rate risk management, Head of FX flow business for India Head of Business management and strategy for Treasury sales function, and Head of Treasury sales business for South Asia for commercial segment.

Training dates - February 16-17, 2026

Training fees - ₹ 28,000 + applicable taxes