ARE 139: Futures and Options Markets
ARE 139: Futures and Options Markets (UC Davis). This consists of 26 video lectures given by Professor Colin Carter of
agricultural and resource economics. This course focuses on the institutional structure and economic functions of
futures and options markets.

Lecture 02  Course outline, Futures Markets History and Market Mechanics 
Lecture 03  Futures Contracts 
Lecture 04  Options Contracts and Market History 
Lecture 05  Reading Futures Contract Price Quote Tables 
Lecture 06  Function of Futures and Options Markets, Market Mechanics 
Lecture 07  Treasurybondfutures Trading and a Video of Action on the Trading Floor 
Lecture 08  Intertemporal Commodity Pricing, Storage and How It Affects a Market 
Lecture 09  Intertemporal Pricing Theory 
Lecture 10  Demand for Storage and Foreign Currency Trading 
Lecture 11  Pricing Financials 
Lecture 12  Eurodollars 
Lecture 13  Futures Price Forecasting 
Lecture 14  Technical Market Analysis 
Lecture 15  A further Review of Technical Analysis 
Lecture 16  Introduction to Hedging with Futures 
Lecture 17  Hedging Continued 
Lecture 18  Hedging Risk vs. Return, Diversification and Options on Futures 
Lecture 19  Options on Futures Continued, with Examples 
Lecture 20  Additional Options Concepts, Comparison of Futures and Options Trading 
Lecture 21  Options Pricing and Putcall Parity, Introduction to Arbitrage 
Lecture 22  Options Trades 
Lecture 23  BlackScholes Options Pricing, Volatility Defined 
Lecture 24  BlackScholes Continued, the Delta Effect 
Lecture 25  Hedging using Options 
Lecture 26  Options Trades Examples, Course Review 