Lunchlezing Optiver

Trading options as a market maker

In this interactive lecture we will take look at the role of market makers and the value of options in the financial landscape.

Market makers provide liquidity to financial markets by simultaneously showing prices at which they are willing to buy and sell options, i.e. a two-sided market. While trading options, market makers must manage the risk of these trades as well as their overall portfolio. Trading and risk management go hand in hand in this way.

After a broad introduction into financial markets and various instruments, we will discuss the special nature of options and the ways in which their price can be calculated. In this valuation of options, the so-called “implied volatility” plays a crucial role. For market makers this implied volatility and its behavior is the most interesting and challenging factor. We will discuss why!

Note that for this lunch lecture that are only 30 spots available. We kindly ask you to be subscribed Thursday before the lecture. If there are more than 30 people interested, there will be a draw. You will be informed about your participation, the lecture and all corona measures Friday before the lecture takes place.