CFA Level 1 - Derivatives

Master derivatives concepts for the CFA Level 1 exam through this comprehensive video series led by Prof. James Forjan, covering essential topics across 3 hours and 21 minutes of detailed instruction. Explore derivative markets and instruments, understanding the fundamental structure and purpose of these financial tools in modern markets. Learn about forward commitments and contingent claims, distinguishing between different types of derivative instruments and their key features. Dive deep into option replication strategies using put-call parity relationships, gaining practical skills in pricing and hedging techniques. Analyze the benefits and risks associated with derivatives from both issuer and investor perspectives, understanding how these instruments can be used for risk management, speculation, and arbitrage. Build a solid foundation in derivatives pricing, valuation methods, and market mechanics through clear explanations and practical examples that make complex financial concepts accessible and exam-ready.