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A summer training project report presentation on
1. A SUMMER TRAINING PROJECT REPORT PRESENTATION ON “DERIVATIVES – FUTURES AND OPTIONS” AT JM FINANCIAL SERVICES LTD. PRESENTED BY: PATEL ZALAK SHAH DIMPI
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3. It has more than three decades of experience and expertise in managing wealth.
4. Company offer clients , guidance to grow , protect and transfer their wealth .
33. F= SerT R= cost of financing T= time till expiration in years E= 2.71828 S= Spot Price If, Nifty is at 4500, thus using this formula, futures price is 4545. PRICING OF FUTURES
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35. An option gives the holder of the options the right to do something.
36. Whereas it costs except margin requirements to enter into a futures contract, the purchase of an option requires an upfront payment.OPTIONS:
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38. Put Option: A put option gives the holder the right but not the obligation to sell an asset by a certain date for a certain price.There are two basic options:
48. The futures market was created as a parallel market
49. where one can create a reverse position to the one in the cash market,
50. so that the loss (profit) in cash market gets offset by profits (loss) in the futures market. HEDGERS
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52. Somebody buying or selling futures without any exposure in the underlying is doing it with a speculative intent and hopes to profit from any unforeseen movements. Speculative trades no doubt require higher margins since they are riskier. This can result in windfall profits or losses based on market movements.SPECULATORS:
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54. It involves buying and selling two different futures either in different indices or with different maturities.ARBITRAGEURS:
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56. With the help of derivative market we can convert our unlimited losses into the limited ones.
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