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所在平台: Udemy |
课程主页: https://www.udemy.com/course/cfa-level-1-derivatives-2024/
课程评论：没有评论
课程名称：CFA Level 1 - 衍生品 课程概述：衍生品是金融工具，其价值源于基础资产的表现，如股票、债券、大宗商品、货币或利率。衍生品可用于对冲、投机或套利目的。在本课程中，您将学习各种衍生工具的类型、特征、定价和估值，包括远期合约、期货、期权、交换和信用衍生品。您还将了解使用衍生品的好处与风险，以及套利在确定价格和促进市场效率中的作用。本课程旨在为CFA Level 1衍生品考试做好准备。 课程内容包括以下主题： 1. **衍生品市场及工具**：您将学习如何定义衍生品，区分交易所交易衍生品与场外衍生品，比较远期合约与有条件索赔，以及衍生品市场的用途和争议。 2. **衍生品定价与估值基础**：您将学习如何利用套利、复制与风险中立的概念来定价衍生品，如何计算和评估远期合约、期货合约、掉期、期权和信用衍生品，以及如何应用认购-认沽平价和二项模型来给期权定价。 3. **期权策略的风险管理应用**：您将学习如何确定各种期权策略的到期价值、利润、最大利润、最大损失、盈亏平衡价格和收益图，并学习如何使用保护性认购和保护性认沽进行风险管理。 该课程基于CFA Level 1衍生品大纲，包含讲座、阅读材料、测验和练习题，帮助您掌握概念并为考试做准备。通过本课程，您将对衍生品及其在金融市场中的运作有深入的理解。
Derivatives are financial instruments that derive their value from the performance of an underlying asset, such as a stock, bond, commodity, currency, or interest rate. Derivatives can be used for hedging, speculation, or arbitrage purposes. In this course, you will learn about the types, characteristics, pricing, and valuation of different derivative instruments, such as forwards, futures, options, swaps, and credit derivatives. You will also learn about the benefits and risks of using derivatives, as well as the role of arbitrage in determining prices and promoting market efficiency.This course is designed to prepare you for the CFA Level 1 exam on derivatives. The course covers the following topics:Derivative Markets and Instruments: You will learn how to define a derivative and distinguish between exchange-traded and over-the-counter derivatives. You will also learn how to contrast forward commitments with contingent claims and describe the purposes and controversies of derivative markets.Basics of Derivative Pricing and Valuation: You will learn how to use the concepts of arbitrage, replication, and risk neutrality to price derivatives. You will also learn how to calculate and value forward contracts, futures contracts, swaps, options, and credit derivatives. You will also learn how to apply put-call parity and the binomial model to value options.Risk Management Applications of Option Strategies: You will learn how to determine the value at expiration, profit, maximum profit, maximum loss, breakeven price, and payoff graph of various option strategies. You will also learn how to use covered calls and protective puts for risk management purposes.The course is based on the CFA Level 1 syllabus for derivatives. The course includes lectures, readings, quizzes, and practice questions to help you master the concepts and prepare for the exam. By the end of this course, you will have a solid understanding of derivatives and how they work in the financial markets.
