Categories
Discover our Courses
Featured Pathways
More pathways
Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Finance Unlocked to your current platform
Featured Content
More featured content
Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
More testimonials
Ready to get started?
Categories
Discover our Courses
Featured Pathways
More pathways
Banking Essentials - Part I
This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.
Greenwashing
Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.
More pathways
Ready to get started?
Plans & Membership
Find the right plan for you
Our Platform
Expert led content
+1,000 expert presented, on-demand video modules
Learning analytics
Keep track of learning progress with our comprehensive data
Interactive learning
Engage with our video hotspots and knowledge check-ins
Testing & certification
Gain CPD / CPE credits and professional certification
Managed learning
Build, scale and manage your organisation’s learning
Integrations
Connect Finance Unlocked to your current platform
Featured Content
More featured content
Tackling the Cost of Living Crisis
In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.
CSR and Sustainability in Financial Services
In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.
More featured content
Ready to get started?
Our Solutions
About Us
Testimonials
More testimonials
Mark Homans
Our sky high NPS following learner feedback speaks for itself - this platform has delivered a lot of value.
Fiona Quinn
Learning is accessible and the tool assists in the continued development of all our employees. It is a fantastic tool for our business!
More testimonials
Ready to get started?
Equity Options Trading Strategies
Imran Lakha
20 years: Equity derivatives trading
There are three types of trading strategies that use combinations of options. These are volatility strategies, spreads and ratios, and hedging structures. Join Imran as he dives deeper into each strategy and their various applications.
There are three types of trading strategies that use combinations of options. These are volatility strategies, spreads and ratios, and hedging structures. Join Imran as he dives deeper into each strategy and their various applications.
Join now to start learning today
Finance Unlocked is the video learning platform built for finance professionals.
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Equity Options Trading Strategies
7 mins 7 secs
There are three types of strategies that use a combination of options. They are volatility strategies, spreads and ratios and lastly hedging structures.
Key learning objectives:
Explain Volatility Strategies and its types
Define Spreads and Ratios
Define Hedging Structures
Join now to watch
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
What is long position and short position?
- A long position is when you BUY.
- A short position is where you SELL, without having bought first.
What are the types of Volatility Strategies?
- Straddles: A long straddle is a combined long call and long put, both with the same strike price and same maturity.
- Strangles: A strategy that is made up from buying out of the money options.
What are Spreads and Ratios?
- Call spread is an option spread strategy that is generated when an equal number of call options are purchased and sold simultaneously.
- Call Ratio is used by investors with very particular situations in mind and higher risk tolerance. It helps you to maximise your leverage (your maximum upside vs your premium spent) because your premium outlay is greatly reduced, but it also forces you to take on a much higher risk.
What are Hedging Structures?
RISK REVERSAL or COLLAR is one of the most widely traded structures in the options market. It is constructed by taking a position in the OTM PUT and then taking the opposite position in the OTM CALL.
Join now to watch
This content is also available as part of a premium, accredited video course. Sign up for a 14-day trial to watch for free.
Imran Lakha
Related videos
Introduction to Equity Options
In the first video of his series, Imran explains the two basic forms of stock options i.e. CALLS and PUTS along with how you can merge them to create a whole bunch of various payoffs. He has also addressed their most popular business applications and the motivations that influence their supply and demand.
Imran Lakha • 08:11
Equity Options Valuation
In this video Imran discusses about the main factors that determine the value of an equity option. He also addresses the Greeks which help us to define key sensitivities to the various factors. Finally, he will show how the value of an option can be broken down into its INTRINSIC and TIME value components.
Imran Lakha • 10:23
Equity Options Greeks
In this video, Imran explains the main options Greek in detail. He further explains the concept of gamma trading and how volatility traders delta hedge their options positions to trade volatility agnostic to market direction. He also gives us an overview of how the greek profile of a vanilla option changes as we move through strike price and also as we pass through time.
Imran Lakha • 18:33
Equity Options Vega and Implied Volatility
In this video, Imran explains the meaning of implied volatility and how we can use the BS model to extract it from market option prices. He further discusses how vega is the greek exposure that an options price has to this implied volatility level and finishes with describing structure of volatility and how it can be used to derive forward volatility.
Imran Lakha • 13:29
Volatility Skew in Equity Options Markets
In this video, Imran explains an important concept in equity volatility trading known as SKEW. He further talks about the main reasons of it's existence in equity markets and how combining skew and term structure allows us to construct the 3D volatility surface. Finally, he introduces the concept of dynamic Greeks, which are often the consequence of a large skew position.
Imran Lakha • 19:06