Can anyone recommend the best way to study the derivatives section for CFA L1. I want to study the LMs that consist of more formulas and calculations (rather than the introductory material) in a sequential manner. I tried studying to one period binomial option pricing but realized I didn’t have a conceptual grasp of why things like the hedge ratio was being used. Any advice would be much appreciated.
The summaries following each reading in the book may help you to grasp the concepts.
Or Online courses provided by CFA tutoring agency?Quick and efficient.(but can’t remember too long