1.) What are Derivatives?

• Definition
• Purpose
• Benefits
• Market Applications

2.) Types of Derivatives

• Futures
• Options
• Forwards
• Swaps

3.) Evolution of Derivatives Market

• Indian Derivatives Market
• NSE Derivatives Segment
• Global Derivatives Market

Learning Outcome: Participants understand the foundation of derivatives trading and its role in financial markets.

1.) Futures Contract Specifications

• Lot Size
• Expiry Date
• Margin Requirements
• Settlement Process

2.) Types of Futures

• Stock Futures
• Index Futures
• Commodity Futures
• Currency Futures

3.) Futures Trading Concepts

• Long Position
• Short Position
• Mark-to-Market Settlement
• Margin Calls

4.) Futures Trading Strategies

• Trend Trading
• Hedging
• Arbitrage Opportunities

Learning Outcome: Participants gain practical knowledge of futures market operations and trading strategies.

1.) What is an Option?

• An option gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price before expiry.

2.) Option Terminology

• Strike Price
• Expiry Date
• Premium
• Intrinsic Value
• Time Value

3.) Types of Options

• Call Option
• Put Option

Learning Outcome: Participants understand how options work and how option pricing behaves.

1.) Directional Trading Using Options

• Long Call Strategy
• Long Put Strategy

2.) Advantages of Option Buying

• Limited Risk
• Unlimited Profit Potential
• Lower Capital Requirement

3.) Challenges

• Time Decay
• Volatility Impact
• Premium Erosion

Learning Outcome: Participants learn when and how to use option buying effectively.

• Time Decay Advantage
• Probability-Based Trading
• Income Generation
• Covered Call Strategy
• Cash-Secured Put
• Acquire stocks at preferred prices.
• Short Strangle
• Range-bound market strategy.
• Iron Condor
• Risk-defined income strategy.

Learning Outcome: Participants understand professional option-selling methodologies.

1.) Understanding Option Chain Data

• Open Interest
• Volume
• Change in Open Interest
• Strike Price Distribution

2.) Market Sentiment Analysis

Identify:

• Support Zones
• Resistance Zones
• Institutional Positioning

Learning Outcome: Participants learn how to interpret option chain data for trading decisions.

• Types of OI Build-Up
• Long Build-Up
• Short Build-Up
• Long Unwinding
• Short Covering

Learning Outcome: Participants learn institutional positioning analysis techniques.

1.) Market Sentiment Indicator

• Bullish Sentiment
• Bearish Sentiment
• Contrarian Analysis

2.) Practical Applications

• Trend Confirmation
• Reversal Signals
• Expiry Analysis

Learning Outcome: Participants learn to use PCR effectively alongside other indicators.

• Delta
• Gamma
• Theta
• Vega
• Rho

Learning Outcome: Participants gain advanced understanding of option pricing behavior.

1.) Understanding Market Volatility

• Historical Volatility
• Implied Volatility (IV)
• Future volatility expectations.

2.) IV Strategies

• High IV Environments
• Low IV Environments
• Volatility Expansion
• Volatility Contraction

Learning Outcome: Participants learn volatility-based trading approaches.

1.) Bullish Strategies

• Bull Call Spread
• Bull Put Spread

2.) Bearish Strategies

• Bear Put Spread
• Bear Call Spread

3.) Neutral Strategies

• Iron Condor
• Iron Butterfly

4.) Volatility Strategies

• Long Straddle
• Long Strangle

Learning Outcome: Participants learn professional multi-leg option strategies.

• Position Sizing
• How much capital to risk per trade.
• Risk-Reward Analysis
• Stop Loss Planning
• Professional risk control techniques.
• Drawdown Management
• Protecting trading capital.

Learning Outcome: Participants learn how to survive and grow in derivatives markets.

1.) Common Trading Mistakes

• Overtrading
• Revenge Trading
• Fear-Based Decisions
• Greed-Based Decisions

2.) Building Consistency

• Trading Plans
• Journal Maintenance
• Performance Review

Learning Outcome: Participants develop the mindset required for long-term trading success