Options Greeks & Institutional Hedging Masterclass
IntermediateIndian Equities & F&OOnly 3 seats remaining for Saturday, Dec 6, 2026
Delta neutral strategies, gamma scalping, and non-directional income systems for Nifty & Bank Nifty.
Duration
6 Weeks (Live Weekend + Expiry Labs)
Cohort Format
Live Online + Expiry Day Live Trading Lab
Next Batch
Saturday, Dec 6, 2026
Student Rating
4.95 (290)
AN
Ananya Deshmukh, NISM-VIII
Senior Derivatives Strategist & Ex-Hedge Fund Analyst
9+ Years Derivatives & Options Desk
Cohort Enrolment FeeSave ₹12,001
₹19,999₹32,000
All-inclusive (Course, Software Indicators, Desk/Zoom Access)
Program Deliverables:
4 Live Expiry Day trading floor streaming sessions
Sensibull & Opstra custom strategy templates & risk simulators
Option Greeks Excel live calculation engine & margin calculator
Lifetime access to Derivatives Alpha WhatsApp community
1-on-1 strategy portfolio review with Ananya Deshmukh
Module-by-Module Syllabus
Every concept is taught with real live-market examples, tick-by-tick tape analysis, and hands-on case studies.
01
Week 1Options Pricing Anatomy & Black-Scholes Formula
Intrinsic vs Extrinsic value decomposition
Understanding Black-Scholes-Merton model in plain English
Option Chain deep dive: OI, Change in OI, and PCR analysis
Historical Volatility (HV) vs Implied Volatility (IV)
02
Week 2The Greeks in Motion: Delta, Theta, Gamma, Vega
Delta: Directional exposure and probability of expiring ITM
Theta decay acceleration curves (The 45-day sweet spot)
Gamma explosion: Navigating 0DTE expiry afternoon volatility
Vega: How events (RBI policy, Budgets, Earnings) impact option premia
03
Week 3Non-Directional Income Strategies
Short Strangles & Straddles with mechanical stop losses
Iron Condor: Capital-efficient rangebound theta harvest
Iron Butterfly: High reward-to-risk pin bar setup
Calendar Spreads: Trading term structure and volatility skew
04
Week 4Directional & Ratio Spread Strategies
Bull Put & Bear Call credit spreads for defined risk
Ratio Spreads: Building zero-cost or credit-yielding directional bets
Jade Lizard and Broken Wing Butterflies
Synthetic long and short options replicating stock exposure
05
Week 5Firefighting & Dynamic Position Adjustments
What to do when tested: Roll up, roll down, roll out strategies
Inverting Strangles to lock in defined losses during runaway trends
Converting undefended positions into free butterflies
Gap-down and gap-up contingency playbook for overnight risks
06
Week 6Live Expiry Day Execution & Portfolio Margin
Thursday Nifty & Wednesday Bank Nifty live expiry trading
Margin optimization: Pledging equities & liquid mutual funds
Sensibull, Opstra & TradingView options charting integration
Building automated alert bots for margin and delta deviations
Prerequisites
- •Basic understanding of equity buying/selling and charts
- •Active Demat account with F&O segment activated
- •Minimum recommended capital to execute strategies: ₹1.5 Lakhs (or simulated paper trading account)
Who This Program Is Designed For
- •Working professionals looking for weekend analysis & mechanical weekday trades
- •Active equity traders seeking to hedge stock portfolios against bear markets
- •Options buyers seeking to transition into disciplined mathematical sellers
Secure Your Seat in the Saturday, Dec 6, 2026 Batch
Cohorts are strictly capped at 20 traders to ensure 1-on-1 mentor interaction.