After 2 days of Training

Book
We are using Sheldon Natenberg's Option Volatility and Pricing as our 'bible'. ( This great book and others are listed on http://www.quantfs.com/libr.php )
First Day, Planned
9:30 - Meet with HR to go over company manual and straighten out are residual problems (banking, living, paperwork, etc.)
10:30 - Meet first Trading Mentor, get two assignments that go over definitions (do you know what an option is, what about what a butterfly is?)
12:00 - Eat Lunch
13:00 - Solutions to previous, Get next assignment (Expiration Graphs - 47 problems!)
15:30 - Solutions to previous, Get next assignment (Put call parity and Conversions / Reversals)
17:30 - Solutions to previous

First Day, Actual
8:05 - I was lucky enough to make friends with some traders in the class 2 months ahead of my trainee class, so I walked to work with them. The entire trip took about 20 minutes.
8:25 - Breakfast
8:43 - Show up for the 8:45 morning meeting
8:55 - Set up the desk. Traders get situated, finish up eating, enter adjustments into there models, anticipating the 9:00 am opening. Since it was labor day in the US, the markets were very quiet.
9:35 to 9:40 - No one is upstairs yet, when I go to check.
9:50 - Everyone is waiting for me to arrive, but its not a big deal because the trainee risk manager and trainee wholesale traders haven't arrived yet either. (Our trainee class is 10 people, even though Optiver tries to keep the trainee class at a max size of 6 people). We spend some time going over manual.
10:15 - We have nothing to do so we talk to each other and offer to play some cards.
10:30 - We get the first assignment. It takes about 30 minutes to complete.
11:00 - I sit with my friend and watch him trade for 45 minutes. I am relatively fluent with option theory, but its very hard to understand what is happening on the screen. Simple concepts like risk neutralization are easy to follow though (eg. If I am long delta and short vega, what can I buy to neutralize?)
12:00 - Lunch, officially costs 2 euro in the top floor of the building. The convenience is too incredible to pass up and the food is relatively delicious. However, I am told that the selection rarely changes so many traders get sick of the food and choose to just trade through lunch. I am not in the computer system since I am not an Amsterdam employee, so I have to sign a paper to indicate I have taken a lunch.
2:00 - We get solutions to the first set and start working on the second set.
3:30 - I am still feverishly working the expiration graphs (since there are 47 of them, but our trainer ask if we are finished. No one is finished)
5:30 - The trainer gives us solutions to the expiration graphs. Only the risk manager has finished them, and he has worked as a trader for the last six years. I am able to leave only 6 unfinished.
6:00 - We leave and I walk home with the traders that I watched trade in the morning. My anxiousness to get on the desk is very strong.
After dinner, I go over the solutions to the expiration graphs and read Chapter 11 in Natenberg because we are told to know put call parity and option arbitrage inside and out for the next day. Between that and skyping, I read myself asleep.

Second day
8:20 - We take the tram to work.
8:41 - Breakfast
8:44 - Walk into the morning meeting. Today, all the trainees were supposed to arrive before the start of the meeting but only three showed up on time.
8:55 - We get torn up for missing the morning meeting. Some people are still not at work. Everyone is told to get to work by 8:30. Optiver is running a tight ship here. (please e-mail me if tight ship is not an actual colloquialism)
9:00 - We quickly go over an example of an expiration graph and move onto Put call parity. Put call parity questions (15 questions, eg. give me the theoretical put value for stock = 61, call 60 @ 5, interest rate 5%, 6 months)
12:00 - Lunch
12:30 - Solutions and next assignment. Reversals and conversions for 17 questions with three parts per question (a. trade reversal or conversion, b. how much is the arbitrage, c. what is the implied interest?)
2:50 - Watch the traders trade and ask a couple of question about what different multiples mean on the screen.
3:30 - Solutions, and next assignment. Calculate conversion / reversal for 40 cases then add cost of dividends. Another conversion / reversal page...
4:30 - Discussion on how to treat dividends since discounting them on the conversions / reversals takes forever and doesn't change the answer much.
5:15 - Watch the traders make bank. Volume is spiking in anticipation of the US markets opening.
5:30 - Solutions to everything.
5:45 to 6:15 : We go over some more options theory like intrinsic value and time value. We are a full day behind in the training, so we will have to pick up the pace. For those that have never seen options, they are struggling considerably to keep up even though we are going 'very slowly'

I am pretty exhausted.

Trainee Quality
I am incredibly impressed with the quality of candidates in my training class. Everyone except for perhaps one person is maintaining very high consistency of correct answers and working quickly in a subject where they don't have much experience. It is a humbling experience to work with these guys.