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11:00 – 5:30 |
Conference Registration |
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| 12:30 – 1:45 |
Fundamentals of Options and Options Strategy
-Option terminology, mechanics and profit/loss diagrams of investor strategies
Jim Bittman, Senior Instructor, CBOE Options Institute |
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| 1:45 – 2:00 |
Session break |
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| 2:00 – 3:15 |
Managing Positions Pre- and Post-Trade
-Review of option risk measures (the "Greeks")
David Mitchell, Equity Derivative Application Specialist, Bloomberg |
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| 3:15 – 3:30 |
Session break |
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| 3:30 – 4:45 |
VIX Paradigm & Paradox
-Traditional and new approaches to trading volatility Chris Cole, Managing Partner, Artemis Capital Management LLC Sheldon Natenberg, Co-Director of Education, Chicago Trading Company, LLC |
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4:30 – 5:30 |
Registration Continues |
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6:30– 8:00 |
Opening Reception |
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7:30 – 8:30 |
Buffet Breakfast Conference Registration |
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8:30 – 9:00 |
Keynote Speaker: William J. Brodsky, CBOE Chairman and CEO CBOE and Options Industry Update |
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9:00 - 10:00 |
Keynote Speaker: John Coates, Senior Research Fellow in Neuroscience & Finance, University of Cambridge New Research in Neuroscience & Finance; The Biology of Risk Taking
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10:00 - 10:15 |
Session break |
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10:15 – 11:30 |
Keynote Panel: Trends in Institutional Options Usage What strategies are institutional investors employing and why?
Moderator: Phillip Kosmala, Managing Director, |
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11:30 – 12:45 |
Lunch and networking |
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| 12:45 – 1:15 |
Trading Innovation: A Financial Exchange for Intellectual Property Rights Gerard J. Pannekoek, President & CEO, Intellectual Property Exchange International, Inc. (IPXI) |
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| 1:15 – 1:30 | Session Break | |
| 1:30 – 2:45 |
Using Short Options Positions to Manage and Lower Volatility of an Equity Portfolio
-Pros and cons of using index options versus individual equity options John Colville, Chief Investment Officer, City of Sacramento Scott Maidel, Senior Portfolio Manager/Trader, Equity Derivatives, Russell Investments Victor Viner, President/CIO/Co-Portfolio Manager, V2 Capital |
Alpha Opportunities in Equity Derivatives Created by Macro Uncertainty
-Crisis fatigue and high central bank liquidity is creating attractive risk premiums to harvest in equity derivatives Benjamin Bowler, Global Head of Equity Derivatives Research, BofA Merrill Lynch Michael Wexler, Founder and CEO, Maple Leaf Capital
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2:45 – 3:00 |
Coffee break |
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| 3:00 – 4:15 |
Left and Right Tail Risk hedging and Carry
-Leveraging the main (i.e. long) portfolio as a way to mitigate the negative carry of tail hedging Robert Gingrich, Risk Analyst, Western Asset Management
Robert Gingrich Presentation |
Realized Variance Strategies and Implementation
-Listed variance futures design and trading John Hiatt, Director, Research and Product Development, CBOE
John Hiatt Presentation |
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7:15 – 8:00 |
Buffet Breakfast Conference Registration |
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8:00 – 9:00 |
Keynote Speaker: Dean Curnutt, CEO, Macro Risk Advisors The Hundred Year Storm...Five Times in 20 Years? - Looking Back and Looking Forward on Financial Market Shocks |
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9:00 - 9:15 |
Session break |
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| 9:15 – 10:30 |
VIX ETPs, Interralationships between Volatility Markets and Implications for Investors and Traders
-Design of first and second generation VIX strategy indexes
Spencer Cross, Co-Head Index Volatility Trading, Citigroup Global Markets
Spencer Cross Presentation |
Portofolio Construction: Finding Options Where You Least Expect Them
-Portfolio exposures are not as linear as we think. Investors can achieve options-like risks and payoffs without owning any options Zem Sternberg, Managing Partner, Lake Hill Capital Management Sorina Zahan, Partner, Core Capital Management
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10:30 – 10:45 |
Session break |
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| 11:00 – 12:15 |
What Everyone Needs to Know About Listed Options Taxation
-Puts, calls & their effect on dividends
Michael Lynch, Vice President, Twenty-First Securities Corporation
Michael Lynch Presentation |
Volatility Management of Equity-Based Insurance Guarantees
-Introduction to Equity Based Insurance Guarantees
Mark Hadley, Vice President, Financial Engineering, Numerix
Mark Hadley Presentation |
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12:15 |
End of Conference Sessions | |
| 1:00 |
Golf Tournament |
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| 7:00 – 9:00 |
Closing dinner and networking |
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Please see our Sponsorship Opportunities page for information or contact John Angelos at 312-786-7063 or angelos@cboe.com on becoming a sponsor for the 29th Annual CBOE Risk Management Conference.
Mark your calendar and join us for the
2013 CBOE RMC EUROPE
September 30 - October 2
at
Penha Longa Resort, Sintra Portugal
LEARN MORE
View the latest details for the 29th Annual CBOE Risk Management Conference.