Commodity Futures and Options

Topics

• Explain the role of futures, options, and other derivatives in the pricing of agricultural products.
• Price forwards and options (pricing models).
• Explain the fundamental probabilities and dynamics describing asset risk.
• Develop and understand hedging and trading strategies with derivatives.
• Use derivatives to reallocate risk.
• Use derivatives for corporate risk management.
• Explain the financial crisis arose and how to prevent it.
• Explain how to design and value financially engineered products including exotic options and weather derivatives.

Official roster learning outcomes