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Description

Equity Derivatives: Structuring Hedges and Managing an Equity Portfolio

Using options and futures as genuine tools for managing equity risk

  • 2 days — 14 h
  • In-person or virtual
  • Expert
  • Up to 6 participants

Equity portfolios absorb every market shock even though hedging instruments are readily available. Option strategies are known by name but rarely priced out, sensitivities are not tracked over time, and the true cost of protection is underestimated. Hedging decisions tend to be taken after the fall, once volatility has already made premiums expensive.

These two days are designed for practitioners. Participants revisit the mechanics of single-stock and index derivatives, build and price hedging and yield-enhancement strategies, track the sensitivities of a position, then factor in the operational constraints of collateral and valuation.

Learning objectives

  • Break down the payoff profile of the main equity derivative instruments
  • Build a hedging strategy suited to a given exposure
  • Price the cost of protection and choose between several structures
  • Track the sensitivities of an option position over time
  • Factor in valuation and collateral constraints
  • Assess the contribution of structured products within an allocation

What makes this programme different

Comparative pricing of several protection structures on the same exposure
Tracking of an option position across a series of successive market scenarios
Analysis of how a structured product behaves once broken down into its building blocks

Programme

1Instruments and Market Mechanics

Revisiting the building blocks

  • Single-stock and index futures
  • Options and payoff profiles at maturity
  • Exchange-traded markets and over-the-counter transactions
  • Effects of dividends and corporate actions

2Volatility and Valuation

Understanding what you pay for

  • Implied volatility and realised volatility
  • Distortions of the volatility surface
  • Sensitivities and reading risk parameters
  • Limitations of standard pricing models

3Hedging and Yield-Enhancement Strategies

Protecting without destroying performance

  • Directional hedging of an equity allocation
  • Reduced-premium structures and collars
  • Yield-enhancement strategies on held positions
  • Partial hedging and index-based hedging
  • Trade-off between cost of protection and giving up upside

4Position Management and Operational Constraints

Holding the position over time

  • Dynamic monitoring of sensitivities and adjustments
  • Margin calls, collateral and counterparties
  • Accounting valuation and impact on earnings
  • Breaking down and monitoring a structured product

Who is it for

Portfolio managers, financial analysts, trading floor operators and market risk managers.

Prerequisites

Sound understanding of equity market mechanisms and of option pricing principles.

Dates & locations

24 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.