The SIP Journey..............

INTRODUCTION
NAME:Shelly Nayyar
EDUCATION: B.A (Hons) Economics, Delhi University
SIP ORGANISATION: Eastwind Capital Advisors Pvt. Ltd.
DEPARTMENT: Equity Research

(February 22nd-26th)

The week commenced on a slow note with the agenda of learning about option valuation through Binomial Tree. It took a lot of time to understand the concept though Shailendra Sir, the CEO, helped me to clarify my doubts.

After going through Black Scholes method of pricing option and delta hedging, I was told to model and master option strategies on excel. With simple excel formulas, I was able to create option strategies like straddle, strangle, condor, protective call and bullspread on excel. The concepts are interesting however one needs to be very fast in creating payoffs so as to capitalize on the underlying opportunity.

The last day of the week was the Budget day and everyone around was discussing the impact on the economy, industry and different companies. If anyone of you is learning derivatives, please discuss so that we can be more confident with the subject. I would like to conclude this write by quoting my company guide, CA Vineeta Jain ‘GO SLOW BUT GO FIRM’

All The Best

Introduce Yourself...

Hello everyone..

Let's introduce ourselves before posting anything..Even though we belong to same institute but it may be the condition that we may not be knowing each other..and it will also give all of us a chance to post something...so kindly make a brief introduction..including your Orgainzation Name, your domain interest, background and hobbies...

Here goes mine..

I am Neha, originally from Patna..
Completed my Engineerng from Bharati Vidyapeeth, Pune in Electronics..
Worked for 18 months at Cognizant Technology Solutions as a Programmer Analyst..
My SIP Orgainzation is Indian Bank, Delhi
I am inclined in pursuing MBA in Finance and Banking..
My hobbies include reading novels (fiction and non fiction) and blogging...

Let's Connect

Hello Friends..

It is an initiative to keep ourselves update and informed while we complete our Summer Internship at various locations. This blog is solely dedicated to my IBS friends pursuing their Summer Internship training.

The objective behind maintaining the blog is of two folds..

Firstly, sharing of knowledge amongst peers as to what we are learning academically and professionally and how it is enabling us to enhance our skills..This aspect includes the SIP content of our Summer Training..

Another aspect will be our SIP conduct in terms of inter personal relationships with respective orgainsation ,report submissions and our code of conduct..

Let's make this initiative a successful venture by contributing in abundance..