Online Courses

Futures, Options & Derivatives

EMI’s On Demand Futures, Options & Derivatives course will help you understand what futures, options and derivatives are, how they work, how they are used and where they are traded.

With 7 hours of online, recorded instruction, you get the same in-depth, top-notch learning experience that EMI’s in-person classes are known for. Plus you have the advantage of accessing your course anytime, anywhere.

Full Course Description

Have questions? Want to know if this course is right for you? Email your questions to online@emi.org and we’ll help.


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Topics covered include:

  • Differences and similarities of futures, options and derivatives.
  • The what, why, how and who of futures, options and derivatives markets.
  • Options spread strategies used by speculators and commercial hedgers.
  • The mathematics of options premiums, historical and implied volatility and the Greeks.
  • Trading and hedging examples for various products in the energy infrastructure.
  • Correlation and basis analysis.
  • Options pricing models: Black – Scholes and Cox-Ross-Rubenstein.

The course totals 7 hours of recorded instruction. Sessions covered are:

  • INTRODUCTION TO FUTURES
    • SESSION 1: An Overview
    • SESSION 2: The History of Futures
    • SESSION 3: How Futures Markets Work
    • SESSION 4: Futures As A Risk Management Tool
    • SESSION 5: Trading Futures Spreads
  • INTRODUCTION TO OPTIONS
    • SESSION 1: An Overview
    • SESSION 2: Why Options?
    • SESSION 3: Options Pricing Models
    • SESSION 4: The Greeks
    • SESSION 5: The Relationship Between Futures and Options
    • SESSION 6: Directional Trading Strategies
    • SESSION 7: Options Volatility Strategies
    • SESSION 8: Options Arbitrage
    • SESSION 9: Putting It All Together – A Rule-Based Active Hedge Strategy
  • INTRODUCTION TO OTC DERIVATIVES
    • SESSION 1: OTC Derivatives
    • SESSION 2: Let’s Go To The Specifics
    • SESSION 3: Basis Swaps & Swing Swaps
    • SESSION 4: The Exchanges

SCORM compliant. Available across all platforms (desktop, tablet and mobile).

EMI online learning programs provide immediate access to instructor-narrated courses on a wide variety of industry topics. Most courses contain multiple sessions comprising 6 or more total hours of content. Upon purchasing you will receive an instant email containing your secure registration credentials. Your course selections are ready and waiting for you upon login. Programs are viewed on demand using your standard web browser and high-speed internet connection. Access to each individual session will end 14 days after first being accessed, although there is no limit to the amount of time it takes to complete the entire course.  You can start, stop, pause and view the content within each session as often as you like during the access period.

Group licensing available. Contact EMI at info@emi.org or 888.871.1207 to request details. CPE credits are not currently available for EMI On Demand courses.

 

This course is applicable to all levels of the energy infrastructure including oil, natural gas, electricity and coal. Individuals whose decisions have significant financial impact will benefit from this program. Managers from areas such as marketing, sales, manufacturing, engineering, supply and distribution, trading risk management, purchasing and financial and accounting will all find the course highly beneficial.

Industry Segment
Course Level
Introductory to Intermediate
EMI Credits
6
Course Type
Online