Free CFA Level I Derivatives Study Guide

Overview

Our free CFA Level I Derivatives notes cover everything you need to know for this module. From derivative basics and pricing, options strategies and greeks, to swaps and risk management, we've got you covered. Whether you're in a classroom or taking the self-study route, these notes provide added peace of mind, knowing that you have everything you need to help consolidate and revise effectively for CFA Level I exam. Think something could be better? Give us a shout on our contact page, and we'll take a look.

We've created comprehensive study guides for all CFA Level I topics. Check out our other free notes below:

• Ethical and Professional Standards
• Quantitative Methods
• Economics
• Financial Statement Analysis
• Corporate Issuers
• Equity Investments
• Fixed Income
• Derivatives
• Alternative Investments
• Portfolio Management and Wealth Planning

1. Derivative basics and pricing

• Forwards and futures mechanics
• Option payoffs and payoff diagrams
• No arbitrage relationships and pricing

2. Options strategies and greeks

• Calls puts and put call parity
• Spreads straddles and combinations
• Delta gamma theta and vega

3. Swaps and risk management

• Interest rate and currency swaps
• Hedging with futures and options
• Counterparty risk margining and clearing