A course on futures and options typically covers various aspects of these financial instruments, including their basics, pricing models, trading strategies, and risk management techniques. Here is a breakdown of the topics commonly covered in a futures and options course:

Introduction to Derivatives: The course will begin with an introduction to derivatives, explaining the concept, purpose, and types of derivatives. It will cover the distinction between futures and options and their role in financial markets.

Futures Contracts: The course will delve into futures contracts, explaining how they work, their key characteristics, and the mechanics of trading futures. It will cover topics such as contract specifications, margin requirements, and settlement processes.

Options Contracts: The course will provide an in-depth understanding of options contracts, including their types (call and put options), terminology, and pricing models. It will cover concepts such as intrinsic value, time value, and the factors influencing option prices.

Option Strategies: This section will explore various option trading strategies, including buying and selling options, spreads (bullish/bearish), straddles, and strangles. The course will discuss the risk-reward profiles, profit potential, and implementation of these strategies.

Option Pricing Models: The course will introduce popular option pricing models, such as the Black-Scholes-Merton model, and explain how these models calculate option prices based on factors like underlying asset price, volatility, time to expiration, and interest rates.

Risk Management: Risk management is a crucial aspect of futures and options trading. The course will cover risk assessment, position sizing, hedging techniques, and the use of stop-loss orders to manage potential losses.