Options Strategies – Part III: Volatility Skew and Smile, and Strategies (2025 Level III CFA® – R7) скачать в хорошем качестве

Options Strategies – Part III: Volatility Skew and Smile, and Strategies (2025 Level III CFA® – R7)

Master Reading 7: Options Strategies – Part III for CFA Level III. In this lesson we wrap the derivatives & currency management module by explaining volatility smile vs skew, the logic of implied volatility from the Black-Scholes-Merton model, and how to pick option strategies that target specific equity risk exposures. You’ll review protective puts, covered calls, collars, straddles/strangles, bull/bear spreads, and calendar spreads with the Greeks in mind. Prepare with AnalystPrep: Level I: https://analystprep.com/shop/cfa-leve... Level II: https://analystprep.com/shop/learn-pr... Level III: https://analystprep.com/shop/cfa-leve... Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli... Prep Packages for the FRM® Program: FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite... Topic 3 – Derivatives and Currency Management Reading 7 – Options Strategies – Part III: Volatility Skew and Smile, and Strategies LOS : Discuss volatility skew and smile. LOS : Identify and evaluate appropriate option strategies consistent with given investment objectives. LOS : Demonstrate the use of options to achieve targeted equity risk exposures. #CFALevel3 #OptionsStrategies #ImpliedVolatility #VolatilitySmile #VolatilitySkew #Derivatives #RiskManagement #OptionGreeks #CoveredCall #ProtectivePut #CalendarSpreads #AnalystPrep