Subject: Technical Questions
From: [email-masked]
To: [email-masked]
Cc: [email-masked], [email-masked], [email-masked], [email-masked], [email-masked]
Date: Wed, 27 Dec 2000 07:13:00 -0800 (PST)

Frank,

Below are a list of technical questions for prospective candidates for my 
group.

Thanks

Experienced:

Define each type of swap.  Draw out the interaction between buyer and seller.
What is a swaption -- Why do a swaption vs. an option
What is an EFP
What is curve shift -- what effects your curve shift value.
What are the components of the Black-Scholes model
Define:  Delta, Gamma, Vega, Theta, etc.
What is a Cross?  What does it do to your option delta?
Are you familiar with option valuation models 
How does the NYMEX work -- i.e. Explain what is meant by the term 
'zero-sum-gain'; Margin, etc.
Do you know the NYMEX symbols for each month
Are you familiar w/ pipe options
Are you familiar w/ typical basis values for different regions (Perm, SoCal, 
Rockies, Z6, etc.)

Inexperienced:

Several math/statistical questions of varying degrees of difficulty
Various basic to advanced questions on Excel -- VBA, etc.
Are you familiar with online trading 
Do you have any knowledge of gas, energy, etc.
How do you deal with the stress of long hours and high stress
Have you dealt with high level employees (Dir's., V.P.'s, etc.) in previous 
jobs -- how was it, did you like it
How do deal with taking direction from others your age or younger