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    Options Strategy (Online)
    Columbia Business School

    Options Strategy (Online)

    Columbia Business School, New York
    HomeFinanceColumbia Business SchoolOptions Strategy (Online)
    7 weeksDuration
    onlineFormat
    EnglishLanguage
    FinanceTopic

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    About This Program

    Options trading has experienced a substantial increase in popularity, with the number of trades surging 35 percent in 2021 compared to previous years. In the United States alone, brokerages received US$2.4 billion in payment for order flow (PFOF) for options and only US$1.3 billion for equities. Despite this rapid growth, there exists a considerable gap in knowledge and understanding of the potential to use these instruments for responsible risk mitigation and profit maximization. Designed by expert finance faculty at Columbia Business School Executive Education, the Options Strategy (Online) program gives investors and finance professionals a deep understanding of options, including how to incorporate financial instruments into an overall investment strategy.

    Why Columbia Business School?

    Few business schools can claim a campus embedded in one of the world's most consequential cities β€” and actually mean it. Columbia Business School has built its entire executive education philosophy around New York as a living laboratory: finance, media, technology, healthcare, and policy all intersect within walking distance of campus, and the faculty who teach executives are the same people advising the institutions that drive those industries.

    Your Profile

    • Mid- to senior-level institutional investors seeking to deepen their understanding of options and learn how to incorporate this knowledge into their portfolio strategies.

    Benefits

    • Develop options vocabulary and interpret option payoffs
    • Unlock options trading strategies and their uses
    • Identify and apply the determinants of option value
    • Extract investment-relevant information from options
    • Gain insights to strategically use options as part of a well-designed portfolio

    What You'll Learn

    • Module 1 Introduction to Options - Following a high-level overview of derivatives in general, explore how and why investors trade options.
    • Module 2 Understanding Call Options - Delve deep into the mechanics and contract features of call options and examine the inherent leverage these products offer.
    • Module 3 Portfolios with Options and Portfolios of Options - Understand how put options insure against market crashes, illustrated by an examination of how puts functioned during the 2008 financial crisis and the COVID-19 pandemic in 2020.
    • Module 4 Understanding Options Valuation - Develop a deep understanding of how to determine the value of options using the Black-Scholes model as well as a simplified version known as the binomial model.
    • Module 5 Volatility and the VIX Index - Armed with valuation tools, embark on a detailed study of volatility β€” the main determinant of option prices. Explore how a range of different options are priced in the real-world market including index options, options on individual stocks, and options on bonds and crude oil.
    • Module 6 Options in the Real World - Get a front row seat to theory meeting practice from our faculty’s deep research and direct experience with market-defining acts through the lens of historical data and events.

    Frequently Asked Questions

    How to Apply

    1. 1

      Check your eligibility

      Review the entry requirements listed on this page. Most executive programs require 8–15 years of professional experience.

    2. 2

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    3. 3

      Contact the school

      Send a message directly to Columbia Business School via Gradia to request a brochure or speak with an admissions advisor.

    4. 4

      Prepare your application

      Gather your CV, reference letters, and any required test scores. Many EMBA programs waive standardised tests for senior candidates.

    5. 5

      Submit your application

      Apply directly through Columbia Business School's official application portal.

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