Commodities, Derivatives and Structured Products

Options – Part 6

Overview

This eCourse looks at how the Black-Scholes equation for a call option can be broken down into the option delta times the stock price and the present value of the exercise price. The replicating portfolio approach to determining the fair value of an option is also examined in detail.

Objective

On completion of this course, you will be able to:
- Identify the core elements of the Black-Scholes equation
- Recognize how the cost of replicating an option outcome can be used to determine the fair value of the option

Content Highlight

Option Valuation – Black-Scholes-Merton
Topic 1: The Black-Scholes Model & Merton Validation
Topic 2: Black-Scholes & The Replicating Portfolio

Administrative Details

Code
TEPDS18005801
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
Type 9 - Asset management
...More
Language
English
Hours
SFC:1.00, PWMA:1.00
Fees
All Member: HKD325
Non-Member: HKD490
Staff of Corporate Member: HKD325