Strategic Risk Management Workshop - Chicago
You will learn, among other topics: an objective, historically based method of managing risk, how to harness volatility to your advantage, and balance the trade-off between risk and return potential.
June 5 - 6, 2024
$550 (Free for CIH clients)
Strategic Risk Management Workshop:
Applications for Various Market Environments and Risk Profiles
All experience levels welcome! Take a basic knowledge of futures and options from theory to practice to confidently incorporate them into your operation’s risk management. This recently updated seminar is designed for those who want a greater degree of control over long-term risk exposure and profitability. We explore making strategic position adjustments to maximize pricing flexibility for input costs; as well as coverage ideas to address forward contracting with less “risk” but also opportunity to provide more competitive pricing. In addition, we’ll introduce more advanced strategies that are beneficial in tight margin environments.
- Introduction to Risk Management
- Spread Applications
- Strategy Structures
- Option Pricing Dynamics
- Price Management Simulation
Learn the basics of commodity price management incorporating the futures market as a price discovery tool and the composition of risk exposures.
Expand your understanding of the futures price curve to manage basis risk exposure as well as other applications to take advantage of favorable spread opportunities.
Understand basic strategies incorporating futures and options to manage specific risk profiles such as cost-plus and other structured pricing arrangements.
Discover the impacts of time and volatility on option premium and when it may be advantageous to leverage these features in more advanced strategies.
Practice concepts learned in a practical exercise employing strategies in a past historical market.
Chicago Cubs game included: Come watch the Cubs and White Sox battle in the 2024 Crosstown Classic at historic Wrigley Field!
Date and Time
June 5th, 9:00 AM – 5:00 PM & Chicago Cubs vs. Chicago White Sox Game, 7:05 PM
June 6th, 8:00 AM – 3:00 PM
CIH Training Center
120 S LaSalle St, Suite 2200,
Cost includes continental breakfasts and lunches both days, as well as Cubs game.. For more information or enroll by phone, please call 312.596.7755.
NASBA Continuing Education Credits
CPE Credits: 16
Commodity & Ingredient Hedging, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.
Participants will be introduced to the mechanics of the futures and options markets and the terminology related to the futures industry. Participants will also learn how to utilize risk management strategies to manage commodity price risk.