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Euromoney Learning Solutions

Introduction to Hedging on the LME With Options

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Next dates

Jun 7
London, United Kingdom
GBP 800 ≈USD 1039
GBP 800 per day
Jul 25
New York, New York, United States
USD 1200
USD 1200 per day
Sep 4
London, United Kingdom
GBP 800 ≈USD 1039
GBP 800 per day
+4 more options

Description

Learn how the theory of hedging with options can be implemented

This course represents module 3 of the LME 3-day Introductory Course (Modular Course)

This workshop-based course is designed to introduce you to the terminology and characteristics of traded options, the principles of how option pricing models work, and hedging strategies. It will highlight how the theory of hedging with options can be implemented at an organisational level.

It is essential for those who require a comprehensive understanding of the terminology and characteristics of traded options and TAPOs (Traded Average Price Options) and the outcome of using different hedging strategies.

Is this course for you?

This course is suitable for you if you have little or no knowledge of traded options and want to know more about the use of options as a price risk management tool in the metal industry.

What will you learn

  • Learn about options market participants and their risk profiles
  • Develop a knowledge of option hedging strategies and their outcomes
  • Learn the practical skills required when applying options theory to hedging scenarios in our interactive workshop

Benefits for your organisation

Organisations can benefit from having employees who fully understand how to use traded options as part of a price risk management programme.

Pre-requisites

Previous knowledge of the LME and LME future contracts.

This course represents module 3 of the LME 3-day Introductory Course (Modular Course)

Course Highlights

  • Basic concepts, uses and benefits of hedging with an options contract
  • Options terminology
  • Put and call options
  • Risk implications and motives
  • Hedging futures vs. options
  • TAPOs
  • Options workshops
  • Option pricing
  • Hedging combinations
  • Zero cost strategies

Learning Outcomes

  • Learn about options market participants and their risk profiles
  • Develop a knowledge of option hedging strategies and their outcomes
  • Learn the practical skills required when applying options theory to hedging scenarios in our interactive workshop

Who should attend

This course is ideal for delegates with little or no knowledge of non-ferrous metals futures and metals options and the management of price risk on the LME. It is aimed at miners, producers, smelters, refiners and recyclers; brokers, bankers, financiers, treasurers, CFOs, controllers and financial risk advisors; traders and merchants; fabricators and end users.

Experts

The course director has many years’ experience covering commodity markets, derivative pricing and structuring, and loan origination. After graduating from Trinity College, Dublin, with a BSc Hons, a gold medal and Foundation Scholarship in Mathematics, she commenced her banking career in the Gol...

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