Futures

Lecture 01:
1.What is a Derivative?
2.Understanding Derivatives
3.History & Regulation of Derivatives
4.Why Derivatives?
5.Types of Derivatives?
6.What are Futures?
7.Predetermined Future Date
8.Predetermined Future Price
9.Futures: Long Term Investment?
10. Types of Futures?

Lecture 02
1. Types of Futures
2. Bullion Futures
3. Agro Commodity Futures
4. Currency Futures
5. Interest Rate Futures
6. Stock Futures
7. Index Futures [NIFTY, BANK NIFTY]
8. Why do Futures even exist?
9. Understanding Leverage and Risks
10.Understanding Payoffs

Lecture 03
1. Why are margins charged?
2. Margin Structure(types) and Example
3. Margin Calculator
4. Mark to Market (MTM)
Lecture 04
1. Why are Contracts closed out?
2. How are positions settled?
3. What is Rollover?
4. Importance of Rollover data every month.
5. Dummy Trade and basic surfing of
Zerodha for placing Futures Trade.
6. Margin Requirements Analysis
7. Brokerage details in Futures Trading and its calculation.
8. What is F&O Ban?
9. How to find out stocks under F&O Ban?
10. F&O Ban positions and its possible impact on the underlying.

Lecture 05
1. What is Hedging?
2. Example of Hedging
3. What is Beta?
4. How to hedge stocks?
5. How to hedge a portfolio?
6. Futures pricing
7. How to find Arbitrage opportunities?

Options
Lecture 06:
1. Introduction to Options
2. Basic example
3. Scenario Analysis
4. Call Options
5. Pay off profiles for Call buyer
6. Definition of a call option!
7. Moneyness of a Call option
8. Call Option jargons
Lecture 07:
1. Option Chain Basics
2. Call option long and short
3. Buying a call option
4. The intrinsic value of a call option
5. Generalizing the P&L for a call option buyer
6. Call option buyer’s P&L profile
7. Call option buyer’s payoff diagram
8. Call option selling
9. Call option selling P&L profile
10.Call Option seller’s payoff diagram
11.Margin Discussion

Lecture 08:
1. Put option Long and Short
2. Put option vs Call option
3. Definition of a put option
4. Put option example
5. Intrinsic Value (IV) of a Put Option
6. Put option buyer’s P&L payoff
7. Put option buyer’s payoff diagram
8. Break-even point
9. Put option seller
10.Put option seller’s P&L payoff
11.Put option seller’s payoff Diagram
Lecture 09
Summarizing Options
1. All 4 payoffs and their interpretation and analysis
2. Long build up v/s short square off
3. Short build up v/s Long unwinding
4. Corporate Action impact on options premium and strike prices.
5. An introduction to Greeks!
6. Delta discussion and target price (premium) calculation
7. Delta profile across Call and Put options
8. Delta calculation and acceleration of Delta
9. Strike price selection to trade options
10 Properties of Delta

Lecture 10
1. Introduction to Gamma
2. Gamma properties discussion
3. Target delta calculation
4. Gamma calculation
5. Introduction to Theta
6. Importance of Extrinsic Vs Intrinsic valuation
7. Option time decay profile
8. Theta calculation and analysis
9. Introduction to Vega
10. Vega and positions management
11. Calculation of Vega
12. Introduction to Rho
13. Discussion on Rho
Lecture 11:
1. Importance of Fundamental Analysis in strategy building
2. Overview with Technical Analysis
3. Overview with Option Chain
4. Naked Call Short
5. Bear Call Spread

Lecture 12:
1. Covered Call
2. Cash Secured Put
3. Bull Put Spread
4. Iron Condor
5. Bull Call Spread
6. Bear Put Spread
7. Short Straddle
8. Short Strangle
9. Long Straddle
10.Long Strangle
11.Butterfly Strategy