Included is an in-depth examination of the most important option pricing models and the factors that determine option prices. Also studied is the role of options in controlling risks, the relationship between an option and its underlying instrument, and the relationship of options to futures and warrants. The course surveys the international markets for trading options, both on and off exchanges. This course integrates trading psychology, risk tolerance, money management, and techniques of technical analysis through case study analysis and on-going trading simulation. Students establish investment goals and objectives, employ technical analysis tools and systems to evaluate stock and futures markets, and implement and track simulated markets positions.
Students review their market positions and risk management strategies weekly in class discussions.
This course details current technical architecture, methodologies, and trade execution capabilities of electronic trading programs and systems. Students develop a theoretical and practical understanding of the changing role of major exchanges, ECNs, OTC markets, and new corporate trading strategies. Dates and Requirements Courses meet one evening a week for 11 weeks at IIT's Downtown Campus, just blocks from Union Station and the major exchanges. Admission requires completion of an undergraduate degree. The Center is now accepting applications for the Fall Quarter which begins Augusts 28, 2000.