Identify key concepts of commodities trading

Match energy consumption metrics to the correct commodity

Calculate and convert basic energy units used for trading commodities

Analyze current pricing of commodities

Classify energy derivative products

Identify the unique characteristics of the standard derivative products in energy markets

Pricing of the standard derivative products in energy markets

Identify the importance of data analysis in commodities modeling

Review statistical tools applied in commodities modeling

Calculate statistical data of commodities

Identify properties of correlations in commodity forwards

Calculate correlations for commodity forwards

Calibrate forms of the Samuelson model to predict a rise in futures price return volatility as the futures contract approaches its expiration date

Identify the volatility structure in commodities forwards

Calculate the properties of swaptions

Value a swaption using the Monte Carlo framework

Calculate swaptions and Greeks

Evaluate spread options that deal specifically with futures and calculate these options.