Foreign Exchange (FX) Options
(ออปชันสกุลเงินตราต่างประเทศ (FX))
Definition
Foreign Exchange (FX) Options (ออปชันสกุลเงินตราต่างประเทศ (FX)) Hard Skill
Foreign Exchange (FX) Options are financial derivatives that provide the right, but not the obligation, to buy or sell a currency at a predetermined price on or before a specific date, used to hedge or speculate on currency fluctuations.
Expertise Level
Level 1
Basic
1. Understands the basic concept of FX options and their purpose.
2. Can identify common terms such as strike price, expiry date, and premium.
3. Recognizes the difference between Call and Put options in FX.
Level 2
Intermediate
1. Can analyze the payoff structures of different FX option strategies.
2. Understands factors affecting FX option pricing, such as volatility and interest rates.
3. Able to use basic hedging strategies involving FX options.
Level 3
Advanced
1. Can design and implement complex FX options strategies for risk management or speculation.
2. Expert in pricing models and Greeks related to FX options.
3. Able to evaluate market conditions and adjust FX option positions proactively.
