NISM-VIII: Equity Derivatives

​This course is structured to help you ace the NISM-VIII: Equity Derivatives exam by covering all essential topics. You'll gain a deep understanding of forwards, futures, options, option Greeks, implied volatility, and trading strategies like spreads, straddles, and strangles. Additionally, the course covers SEBI regulations, settlement processes, taxation, and investor protection. With quizzes and practical insights, you’ll build a solid foundation to confidently clear the exam.

In Lesson 1, Basics of Derivatives, you will understand the basics of the derivatives market.

In Lesson 2, Understanding Index, you will explore different types of market indices and learn about their key attributes.

In Lesson 3, Introduction to Forwards and Futures, you will learn about the fundamentals of forwards and futures, their differences, limitations, and contract specifications. You will learn about payoff charts, hedging strategies, arbitrage opportunities, and key concepts like cash and carry, convenience yield, and the expectancy model.

In Lesson 4, Introduction to Options, you will learn the fundamentals of options, including key terminologies, payoff charts, moneyness, and the difference between futures and options. You will also explore option Greeks, pricing models, implied volatility, and techniques for analyzing options.

In Lesson 5, Options Trading Strategies, you will learn how to use futures for hedging, trading, and arbitrage. You will also explore various options trading strategies along with concepts like delta hedging, put-call parity arbitrage, and interpreting open interest.

In Lesson 6, Introduction to Trading Systems, you will learn about time and price conditions and how to select stocks for trading. You will also understand corporate action adjustments and how to track F&O markets using newspapers.

In Lesson 7, Introduction to Clearing and Settlement System, you will learn about the clearing and settlement process, margin requirements, position limits, and investor protection measures in the derivatives market.

In Lesson 8, Legal and Regulatory Environment, you will learn about SEBI rules for trading and settlement, trade guarantee funds, and what happens if a trader defaults.

In Lesson 9, Accounting and Taxation, you will learn about the accounting and taxation of derivatives.

In Lesson 10, Sales Practices and Investor Protection Services, you will learn about investor protection, risk profiling, KYC norms, anti-money laundering procedures, and investor rights to ensure safe and compliant trading.


Course Highlights:

- Basics of forwards, futures, and options
- Key difference between forwards, futures, and options
- Option Greeks and implied volatility
- Various options trading strategies
- SEBI regulations and compliance
- Accounting, settlement, disclosures, and taxation of derivatives
- Investor rights and grievance redressal mechanism
- Access to quizzes to ensure a thorough understanding

Who is this course for:

- Aspiring traders looking to understand derivatives trading
- Students and beginners preparing for the NISM-VIII examination
- Finance students preparing for industry certifications
- Beginners who want to build a strong foundation in derivatives