DERIVATIVES Revision | CA/CMA Final AFM/SFM | Complete ICAI Coverage | Ajay Agarwal AIR 1
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- Опубліковано 26 сер 2024
- Topics Covered - Derivative Analysis and Valuation
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SFM exempt in Nov 23❤️❤️
Thanks a lot CA Ajay Agarwal Sir for:-
1) Free Revision Videos containing deep conceptual clarity
2) Free exam oriented notes which were very useful in understanding concepts in self study
3) Exam oriented Question bank containing all relevant questions from exam Point of view
4) Continuous 8-10 hours marathon day before exam
Actually to be honest marathon helped in boosting confidence of many students including me
5) IMP question list which was useful in auditing selected number of question day before exam
6) ABC analysis which helped us in deciding priority and time allocation of a chapter
7) Free doubt solving on telegram and WhatsApp.
Mostly every time you replied to my doubts within 24 hours. 💯🙏🏻
I got 60 in SFM just because of you. 🙏🏻❤️
CA Atul Agarwal Sir and CA Ajay Agarwal Sir we CA students are indebted to you for your tremendous efforts in teaching field since past few years. All the efforts and hard work you have put into bringing out the best in us can never be repaid in mere words. We can only be grateful to have a teacher like you!
Please accept my immense respect and best wishes!
RADHE RADHE ❤️🙏🏻❤️🙏🏻
@air1caatul @air1caajay ❤️
Hi, did you also take regular classes from sir for SFM?
@@kinshitakalra9248 Yes in 2021 😊
Kya har subject ke liye Sir ABC Analysis follow kar sakte hai including questions?
@@rahulagrawal6469
In AFM, it will be advisable and wise to cover whole syllabus. In rest subjects you can follow ABC analysis, IMP questions list and last day marathon without any hesitation and blind trust. 💯♥️🙏🏻
Thank you for the reply 🙏
Kya sirf IMP Questions list enough hai Audit ke liye, kyoki sir mera abhi bhi full course pending hai
So what can you suggest?
Meaning Of Derivatives- 4:15
Participants in Derivatives Contracts - 30:00
Classification of Derivatives - 35:00
Types of derivatives contracts - 37:30
Meaning of Forwards and Futures - 38:50
Pricing of Forwards and Futures - 46:20
Pay off On Futures - 1:10:04
Types of Margins in Futures - 1:17:40
Hedging Using Futures - 1:37:21
Arbitrage Using Futures - 2:14:58
Meaning Of Options - 2:18:00
Pay off On Options - 2:34:37
Expected Value of Options at Maturity - 2:43:47
Value of Options at Beginning - 2:53:26
Binomial Model - 2:54:34
Black Scholes Model - 3:25:50
Equity Swaps - 3:34:30
Commodity Derivatives - 3:41:56
Does this video cover new topic of derivative as real optns and other?
Is this video lecture covers real options concept
2:51:30 - 2:53:00 the truth hath been spoken 😅😊😂 As a student of regular batch of Ajay sir, I can assure you he really is the besttt
@@Gani463 +1
@@sejalkochar1914 +1
00:03 Derivatives analysis and valuation chapter revision
01:47 Derivatives exams have easy and repeated questions
05:06 Derivatives are contracts based on underlying assets
06:53 Derivative contract depends on underlying asset
10:22 Negotiating a property deal with deferred payment
12:00 Derivative contract explained
15:33 Understanding the impact of market value on property contracts
17:08 Derivative contracts and underlying asset valuation
20:23 Understanding derivative contracts and their underlying assets
21:54 Derivative contracts serve to cover up fear or greed.
25:19 Understanding derivative contracts and cash settlement
27:07 Understanding transaction on a future date
30:13 Derivatives help in managing risk and earning profit
32:04 Delaying sale to avoid higher income tax
35:15 Understanding Equity Derivatives
36:49 Derivatives involve betting on future price movements or weather patterns.
40:00 Differences between forward and futures contracts
41:35 Derivatives and stock trading process
44:38 Forward future contracts create obligations for both parties
46:19 Understanding theoretical and fair value of forwards and futures
49:50 Understanding risk-free interest rate and its implications.
51:25 Calculating total amount on maturity
54:40 Calculation of PV of Dividend Income
56:23 Understanding dividend income and its future value
59:24 Understanding different interest rates and compounding methods
1:01:07 Understanding the basics of derivatives pricing
1:04:36 Understanding minimum lot size and contract in derivatives trading.
1:06:10 Understanding the theoretical or fair price of the future market
1:09:28 Understanding future contracts and calculating gain/loss
1:11:09 Understanding derivative contracts and positions
1:14:21 Calculating gain and loss on futures
1:15:52 Understanding the impact of price changes on contract value.
1:19:03 Mr. A absconds after making a profit
1:20:37 Understanding the concept of margins in stock exchange cases
1:23:41 Understanding standard deviation in derivatives trading.
1:25:14 Understanding the impact of changes in value and deviation in the stock exchange
1:28:21 Understanding daily settlement and gains in derivatives trading
1:29:57 Understanding futures contracts and daily settlement
1:33:07 Understanding the margin account and call money calculation
1:34:37 Derivatives trading strategies and calculations
1:38:04 Hedging using respect share futures.
1:39:36 Understanding futures and options in the stock market
1:42:52 Hedging using futures and index futures explained
1:44:23 Derivatives are used for hedging in the cash market
1:47:37 Understanding hedging using index futures
1:49:10 Understanding the position in index futures
1:52:06 Understanding beta portfolio and hedging in the market.
1:53:37 Understanding hedging in derivatives trading
1:56:51 Understanding hedging to manage portfolio risk
1:58:27 Managing portfolio beta and its impact on gain/loss.
2:01:45 Understanding the derivation of derivative contract price from Nifty
2:03:17 Understanding the concept of beta in portfolio management.
2:06:27 Understanding beta and portfolio percentages
2:07:59 Understanding the concept of portfolio shares and the importance of hedging
2:11:09 Managing gain and loss impact on cash and bank balance
2:12:35 Understanding derivatives trading and portfolio management
2:15:53 Understanding reverse cash and carry in derivatives trading
2:17:21 Understanding equity derivatives and their types
2:20:49 Understanding the difference between obligations and choices in derivatives
2:22:37 Understanding profit and loss in derivatives trading
2:25:50 Understanding the concept of options trading
2:27:15 Understanding the roles of option seller and buyer
2:30:18 Understanding the concept of option buyer and option seller
2:31:54 Understanding Option Premium and Exercise Price
2:34:55 Understanding pay off and gain or loss for option holders
2:36:22 Understanding net pay off and its implications
2:39:28 Understanding profit, loss, and break-even price in options trading
2:41:05 Pay off should be equal to option premium
2:44:12 Understanding option premium and expected value
2:45:37 Comparing pay offs on maturity
2:48:47 Calculation of expected value of option at maturity
2:50:25 The confusion over syllabus coverage and teaching methods
2:53:17 Understanding the value of options at the beginning and maturity
2:54:50 Understanding the concept of continuous compounding and modeling.
😊
Point by point reply to haters
Free revision videos equivalent to other faculties full lectures are uploaded on UA-cam
Concept notes that costs thousands of rupees of other faculties are available free
(Many faculties even copied AIR1 notes)
Question banks at most affordable price and very well organised with abc analysis
Handholding support till the last minute of exam wheather u are paid student or not
Free guidance videos,abc analysis and replies to all ur queries which is equivalent to other facilities paid mentoring
Last day marathon lectures to revise whole syllabus in very short time (The trend setter of marathon lectures for day before exam)
Notes are made and all questions are solved along in the class not just ticking the question
(Its is very tough for vasy subjects like FR and DT but they still do it)
100% coverage of all the questions and concepts of module,rtps and from anywhere icai has introduced
Test series difficulty level equivalent to icai at very affordable prices
Last but not least they are always dedicated to their work and do all the things that are beneficial for students, as in no student feel left out.
Thank you for everything Radhe Radhe 🙏
to tumko kya chahiye ki tumhara hath pakad ke ab woh tumhe paper bhi likhwaye, kaisi paaglo jaisi baate kr rha ho bhai@@KUMARCHTN78KC
Starting keh 3 mins meh hi aapko samaj aa jane chahiye ki why these people are best. No one seazes your pressure better then Ajay Sir and thats the reason i took class from you. Ultimately its all about mindset ✨
Theoretical Pricing of Forwards and Futures - 46:20
Types of Margins in Futures- daily avg + 3 S.D. - 1:17:40
Hedging Using Futures- 4 step - 1:37:21
Binomial Model - 2:54:34
Black Scholes Model - 3:25:50
Equity Swaps - 3:34:30
Commodity Derivatives - 3:41:56
I am in shock. I watch nearly 60 hours of derivative of other faculty but didn't understand that much. In just this 4 hours I completely understand this chapter. Thank you so much sir.
Which professor?
You must of taken classes from Sanjay Saraf
😂
@@user-yo4mu5ro7zhai ek do called biggest afm teacher
Me too watched 4 Vidoe of that faculty. Then, switched to this video. 😂
Maturity is when you realise ajay brother can eat 10 sanjay saraf in lunch.
This is the comment I was looking for 😂🎉
Atual sir and Ajay sir are the Ram and Lakshman of CA World, we are all Hanuman will follow what Ram and Lakshman tells to Lankaa dahana ( ICAI exam pass ) ❤
No words to thank you sir
Will pray God to give good health, happiness and more success sir 🙏❣️
To maximize your learning from this video, try this active learning strategy.
After each topic is covered, pause the video.
This is because the practice questions in your question bank (QB) are organized by topic.
Use this pause to tackle the relevant questions for the completed topic in your QB.
Resume the video once you've finished those questions.
Repeating this process throughout the video will ensure you're actively applying the concepts you're learning.
I am a CMA FINAL students and I am doing SFM self and I have watched many faculties revision and conceptual class but none actually taught the meaning of derivatives I came across ur videos few days back and I am thankful that I got to know about ur channel. Thank u so much looking forward to score good marks in june 24 attempt
Im also in CMA Final... Appearing in June 24...
I have not covr this chapter yet... Is this lecture is sufficient.?? Please suggest
Yes this lecture is more than enough to understand the concept of this chapter.
Do Ajay sir fr concept n Pawan sir for sums ..ull rock
sir, last attempt mein Mujhe 10 days laga tha dusre sir ki classes dekhne mein n derivatives complete krne mein.. mujhe hamesha lagta tha that it's a very difficult chapter.. u made it so easy n sorted . i completed derivatives in 1 day.. tysm for the making my concepts soo clear
Dear sir, if you recorded remaining revisions then please upload all rather than one by one please
Kabse jis ghadi ka thaa intezaar...aa chuki h vo ghadi 🎉🎉🎉🎉
Ab bus aankhe audit ke lecs ke taras gayi hai..unhe bhi pesh kardo sir..hume CA exams se mukti mil jayegi 🙏🙏🙏
I am actually running short on words...what to say to such an amazingly amazing teacher 😇who has left no stones unturned to help us .. I salute your hell lot of efforts.. 😍Thanks a million !
Derivatives has always been a grey area for me in AFM. The sort of effort & thought that has gone into this video to help students like us through a free revision video on UA-cam needs the biggest of heart. Clarity in Derivatives before this revision video = 0% ; After this revision video = 100%. Cannot be more grateful to you _/\_ Love , from Chennai!
@ air1caatul sir @air1caajay sir because of you both only i was able to clear my second group. It would not be possible without of your concept book, question bank, last day marathon. I bow down towards your dedication, you both are saviours for thousands of ca student. Now hopefully i will be able to clear my first group under your guidance. Let god fulfill all your dreams and you both can create a Revolutionary impact in the field of CA.
2:53:00 you are so damn right sir.. saara khichdi bana rakha hai sfm ka. Sfm used to be a major nightmare for me.. notes dekh k anxiety hoti thi.. Saare concepts mix.. 4 baar kr k bhi confidence ni aata tha kabhi. Na padha hua yaad rehta tha.. Wasted my attempts..25000 ka gyaan leke depression mila bas..
your question bank is freaking good. Chapter me bhi topic wise segregated hai questions which i always found hard while doing questions from different books. Jis chapter ko krne me 1 week lag jata tha, i am able to cover it whole in a single day.. just by referring notes (which are beautifully made and summarised)
Thanks a ton sir for your efforts.. You are a real blessing for CA students!!!
Sir, please upload the capital budgeting revision video, we all are waiting for so long to complete that chapter.
1:38:40-2:18:00- Hedging and arbitrage using futures
3:26:20-3:34:20- BSM
3:20:00
Sir I guess calculation mistake hui h
(126×.65)+(0×.35)/1.06 = 77.264 ayega
But notes me 119.48 he
Page 113
Its mistake na
Have you confirmed?
NOV 22 . All credits to Agarwal brothers . I keep coming here watching Sir’s video. The way he gives conceptual clarity is top notch along with what to read next what not . No waste of time at all ! Thank you again Ajay sir and Atul sir.
Mene puri afm Ajay sir ki revision vixdeos se smjhli .. classes of other faculties dint help... not even in chapters like Advance capital budgeting... other faculties should take classes from ajay aggarwal sir🙌🙌
watched big short after watching this revision video was never able to understand that movie before this but was able to understand that very clearly hatss off sir
Even if you dont know Derivatives and still you watch this attentively and follow the gold worthy concept notes, you will definitely learn the chapter 100% ❤
Thankyou so much Ajay Sir
Hats off and bow down to your knowledge and skill set
Radhe Radhe 🙏🏼🙏🏼
Sir you atul sir and surrender sir are the best teacher for ca final... I took all my ca final classes from air1 and i have clred my grp in the very first attempt just because of air1....huge respect for you all sir... You all are doing very noble job..... Thanks alot sir for everything that you all are doing for student from free notes to free revision videos thanks for everything you all make ca final so much easy 🙏🙏🙏🙏 words are not enough to show the gratitude that i have for all of the 3 teachers... Hope i will met you all one day... Lots of best wishes to you sir
Thankyou so much for this ON POINT revision video.
The video was so informative, I was able to solve all the questions of SM just by watching this.
Just a single thing to call out, in Two Period Binomial model(In you Example) the Value of option comes down to 47.37 instead of 73.27 as the Expected payoff is 126*0.65 + 0*0.35 = 81.9 and not 119.48 and if we further calculate the PV of this 81.9 we get 77.26 at Node B and then at Node A we have (77.26*0.65+0*0.35)/1.06 = 47.38 is the actual answer i.e Value at the beginning.
Sir at 3:20:00 in step 4 node b answer should be 77.26 instead of 119.48 and in step 5 it should be 47.38 instead of 73.27.... tell me if I'm wrong ... somebody reply me ASAP plz.
Yes, I got the same value
If anyone is thinking that u should watch it or not then, I just wanna to say watch it, u will not regret it at all
Can First timers watch it?
Yes@@komaldhanesha2086
Sir Please make Revision Video
You are genuine person who fulfil their promises
3:20:09 pr node B ka value Rs. 77.26 and value of option is Rs. 47.38??
Yes got the same
Thank you 👍🏻
yep, i guess maybe calc mistake, 47.38 is correct
Vaha pe probability se multiply karna reh gaya
Direct 126/1.06 ho gaya hai
bandi swap kar lete hain😁😁😁😆😆😆😆 i can never understand this concept better than anyone like you teach
Same here.... Concept achhe se clear ho gya....😂😂😊
For my reference
54:00- 54:20
2:05:58- 2:06:10
2:30:52- 2:31:08
2:46:04- 2:46:30
3:20:00restart
Radhe Radhe Guru ji 🙏 ❤.. Thank u so much for supporting us.
For my reference
Initial Margin: 1:22:11
Variation Margin: 1:10:24
Compounding Concept: 51:48
Hedging Using Index: 1:49:32
Probability Calculation Another formula: 3:06:56
Expected rate of return on option: 3:21:54
Riskless Hedging (Delta calculation): 3:23
Sir plz upload revision vdo of other chpters also...i took your class for nov 23 attempt..so i need latest vdo to revise..sir plz upload asap...very much needed sir
Atul sar please make video for ca foundation new course and June attempt 2024 students to how to prepare and got good marks
Thank you so much sir 🙏 Derivative is now remembered for whole life . Maine toh apne office ke saare bachon ko bol diye ki classes leni hai toh AIR1CA for all subject without any hesitation
Thank you so much sir
Mujhe abhi tk ye chapter smjh nhi aya tha
But aaj clear hogya ache se
I've ordered ur books and watching ur videos.
Purane teachers se jo pdha use mind se remove krke bs apke lectures p concentrate kr rha hu.
Thanks a lot sir
sir in two period binomial example for Node B calculation was wrong check once 126*0.65 + 0/1.06 = 77.26 you mentioned 119.48
i too noticed that.. Thanks yaar
Right..
Each and everything explained step by step ....full conceptual clarity....Thank you @Ajay Agarwal sir
Sir, Merger and Business Valuation ki bhi video Daldo plzz
thanks you so much sir....all are waiting for Derivatives and it's came😍
Radhey Radhey 🙏
Thank you is a very small word...for you both sir....truly blessings to have a teacher like you....
You two have made CA students life much easier than before.
Haters gonna hate...let them do what they want...we student's know how you care for their student's by constant rply to our doubts...and free revision video's...free notes...etc.
We all admire ur hardwork what you both guys do for us( Student's )
Always indebted to u sir!!
Huge Respect 😅🙏
Just by watching this revision my concepts got crystal clear and i was able to solve all the questions of may 2024 qb🔥🔥 best revision of derivatives🙏🏼🙏🏼 Radhe radhe sir
Thankyou so much, very simple version of derivatives. You have made the journey of preparing afm much intresting.
Literally got delivery of your notes a minute ago and then saw your video being uploaded
Notes kaha se mile can u send me
I didn't get any notes in the folder. Can you please tell me where to find these notes in the folder shared by AIR1CA?
Same bro
Same..@@iammeghajindal
@@richakumari2330 hard copy purchase kara hai
Thank you so much sir…much awaited video !
Just now i got the book delivered ❤❤❤ and this notification
Radhe radhe sir
Thank you for support to the students who have not taken your classes also
same
Thank you so much Ajay sir for your amazing AFM revision lectures, marathons, ABC analysis, Important questions list and thorough guidance. I'm a CA now in May 24 attempt.
AFM se mujhe dar tha, par aapne wo dar khatm kr dia sir!
Aspirants who are watching this: I'd highly recommend Ajay sir as a Go To for AFM! All the best! Radhe Radhe!
Remaining chapter class me upload krva do sir pehle may 24 me
Sir, never in my life I understood what is long position short position. Everytime I ask someone, they say long means to buy, short means to sell, but nobody explained why we take long position (upside betting) and short position (downside betting). Thank you so much sir 🙏🙏🙏🙏🙏
Sir it was awesome ! Thanks a lot. Radhe Radhe
3:22:37 Delta hedging in binomial
This is the first time that i have watched ajay sir's revision...I had watched revision lectures for derivatives from other faculties on UA-cam...but still the fear or lack of structural learning created a slight phobia for this chapter... after watching this lecture fully..I went on to solve problems and could solve almost all the problems, Thank you so much Ajay sir for your wonderfully structured notes and your way of teaching 🙏🙏
1:13:22 gain/loss on payoff on future contracts example
maine kabhi nahi socha tha derivatives lagega! structured notes. thank you for sharing sir!
Radhe radhe sir. Thanku for being so helpful ☺️☺️♥️
Muze dar lagta tha es topic se but ab nhi lagta hai .. very well explained ❤❤
Excellent way of teaching sir, thankyou so much for making the chapter easy to understand and interesting..
Sir baki ke chapter ke new revision kab aayenge??
Here after completing CA, so that I can clear further certifications in the capital markets. 😅
Capital budgeting ki class kab aaigi?
This is called ATTENTION TO DETAIL. Everything is covered here.
All doubts cleared thoda bahut darr tha bhi es chapter ko lekar to vo new notes se door ho gyaa
Radhe Radhe Bhaiya❤
Best revision lecture ever. Thank u for the efforts you put.
How can someone be so proficient 🙌🙌🙌
Ajay sir smiling during whole lecture is constant❤😅 Makes it more positive💯
Thankiu sir 😊 blessed to have a teacher like u ❤
Sir please upload the complete lectures of regular batch. Nobody from your team is responding to calls
No words to express the feelings towards Agarwal Brothers, You both are being great support to every CA student, Thanks a ton from bottom of my heart ❤️
2:51:30 - 2:53:00 the truth hath been spoken 😅😊😂 As a student of Ajay sir, I can assure you he really is the besttt
Sir aapke pass Gold ho yaa na Ho .. but aap ek Gold ho ❤
i always had fear for this subject and especially derivatives , i always thought this chapter is very complicated but you made it very clear and easy . after listening to to your revision video i was able to solve all the sums and now i regret why did i waste my time in the past by worrying how tough it is !
thank you so much sir🙏 forever grateful for your efforts ❤
Guys i cleared my CA final in may 2024 only because of ajay bhaiya.
Sir i recently bought your AFM QB of May 2024, in this QB sum questions are deleted when compared to QB's which my senior bought from you for previous attempts for example :-May and Nov 2023. My doubt is, is it sufficient to crack exemption in AFM if i well practice all questions produced in New question bank i.e May 2024 without step back to previous QB's ?
Sufficient
Thank you sir😊
Portfolio Management mai sheer skill of Manager wala sum nhi dikha mereko bhi..in AFM QB of May 24..tereko dikha koi aur chapter ma..i
3:26:16 - Black Scholes Model
Commodity derivatives - 3:42:50
sir Advanced Capital Budgeting kab laa rahe ho
2:59:55 SIR NOV 2023 ME AAYA THA DONO METHOD SE SOLVE KARNE...MAINE RISK NEUTRAL APPROACH SE SOLVE KIYA AUR SAATH ME DELTA HEDGE KA FORMULA BHI LIKH DIYA AUR NOTE ME MENTION BHI KAR DIYA KE DONO SE ANSWER SAME AAYEGA....
RISK NEUTRAL WALE ME MARKS MILA BUT 50% MARKS KAAT DIYE..ANSWER SAHI HONE KE BAAD BHI 😢
Introduction 03:40
Waah Bhai Maan gye .....the way u teach students is awesome......I liked it❤
own reference 1:48:30 hedge contract- portfolio, 2:30:00 put option
i fell derivatives is very hard before listening your revision class , But now i feel derivatives is very easy. Thank you sir (for your detail explanation)
Such a sweet introduction to the topic.😁- 0:40
Congratulations sir for your engagement and marriage 🎉🎉
Is chapter se dar nikal gaya ab🥰
Very easily explained each and every concept. Best revision videos for AFM!
No Sanjay Saraf and Jagati harm in this video.
Thankyou for sharing this revision class with us. Really helpful for concepts clarity.
Sir please upload all the remaining revision videos of AFM.
Baki revision v upload kr do sir
Apki hi class le rkhi thi
To kisi aaur ka revision dekhta v nhi
I thought this chapter is very difficult but after watching this it seems that I was completely wrong....Thank you so much Sir 🙌
No words for your contribution in our studies......just want to say thankyou very much sir for your help.
Koi bk** hi hoga jo hate comment krega 🤡🤡🤧
P.s big thanks to Agarwal brothers ♥️♥️♥️
Thank you so much sir
Please upload remaining chapters also sir 🙏
Thank you
Thanqqq so much sir for this revision..this is really very helpful for us.. just by watching this video i got conceptual clarity n question are solving...once again very thankfull to you for all ur efforts.
Radhe radhe
Radhey radhey sir 🙏 apki playlist me 2 videos hidden dikha rha h vo kese available hongi ?? Please sir and advance capital budgeting ki revision video kab tak mil sakti h ? Please reply.
Hello sir ... How to get notes of this lecture
Sir your explaination is excellent..pehle sab padha tha abb sab samaj ke padh raha hai..thank u sir..Radhe Radhe