Options: General Concepts

• Definition and Terminology
  
• Types
  
• Value at Maturity

Option Pricing Models

• Pricing in General
  
• Put-Call Parity
  
• Binomial Model
  
• Black-Scholes Option Pricing Model
  
• Volatility
  
• Valuation Prior to Maturity
  

Option Strategies

• Spreads
  
• Volatility Structures
  
• Arbitrage Structures

Combination Options and Exotic Options

• Caps, Floors and Collars
  
• Swaptions
  
• Forward-Option Combinations
  
• Exotic Options
  

• Delta Hedging
  

Options and Financial Risk Management

• Interest Rate Risk and Options
  
• Foreign Currency Exchange Rate Risk and Options
  
• Commodity Price Risk and Options