About this Course
Derivatives can magnify gains (and losses) when used properly. This course covers the fundamentals of futures and options, explaining how they’re priced and how traders use them for speculative or hedging purposes.
What you’ll learn
- Differences between futures and options contracts
- Contract specifications: tick sizes, expiration dates, margin
- Option Greeks (Delta, Gamma, Theta, Vega) and their significance
- Basic hedging strategies (protective puts, covered calls)
Requirements
A good grasp of general trading concepts and basic math skills for contract calculations. Access to a broker offering futures/options is useful if you want to practice.
In this course you will be able to
- Understand contract specifications and margin requirements
- Calculate potential profit/loss for futures and options positions
- Use options to hedge existing positions or speculate on market direction
- Identify the risks and rewards of leveraged trading
Course Curriculum
After introducing derivative basics, we dive into contract details, margin, and the “Greeks.” Then we explore straightforward strategies like covered calls and protective puts. The course concludes with a look at common pitfalls and risk mitigation best practices.