<p>I would like to know how many levels of calculus(or above) I need to be able to do futures and options trading? I am currently a finance major and took single variable calculus. Also, how much Statistics(and/or econometrics) will be enough?</p>
<p>They'll teach you all you need to know. That said it will be helpful to show that you can handle those types of math-based courses</p>
<p>No calculus required to understand how options work. To understand option pricing theory which involve stochastic differentials - obviously you need a lot more than just calc.</p>
<p>You'll probably need to master math through differential equations and linear algebra. So that's the minimum. I'm basing this on the admissions requirements for MFE/MFM/etc programs that train people for those jobs.</p>
<p>Many traders who deal with options all the time don't need to math. They work on already built trading systems by quants. . Last summer I met a Yale summer intern who is planning on becoming an options trader - he's an econ major.</p>
<p>yeah, traders don't use too much high-level math. The quant researchers that provide the traders with models and such are the ones that do the crazy math.</p>
<p>Thank you all for the help!!!</p>