Series 7 unit 4 options flashcards by matt mickens. The series 7 topoff examination is required for individuals who wish to sell all types of securities for finra member firms, and for finra general securities member firms. Close knowledge genome tm brainscape certified browse over 1 million classes created by top students, professors, publishers, and experts, spanning the worlds body of learnable knowledge. Securities training corporation stc, the market leader in securities training, today announced a series of actions and adjustments initiated to provide students and professionals the flexibility they need to remain focused and performance driven during this time of change and uncertainty. Determine the outstanding shares outstanding shares issued shares treasury stock. The examination is developed and maintained by the financial industry regulatory authority finra.
Master securities, debt, derivatives, and all other key topics needed to boost your score and get your license. Credit spread an option spread position in which the premium of the option sold is greater than the premium of the option purchased. Acing series 7 options questions the series 7 exam, also known as the general securities representative exam gsre, is a test all stockbrokers must pass, in order to acquire a. An option in which the holder has the right to sell a fixed amount of the underlying security at a stated price within a specified period. The sie replaces portions of every previous exam, including the series 6, series 7, series 22, series 5556 replaced by series 57, series 79, series 82, series 8687, and series 99. Taking the series 7 exam, whether for the first time or the fourteenth, is a huge challenge and requires many hours of preparation.
Securities training corporation securities and insurance. Remember to click the finish exam link at the bottom of the page once you. Series 6 exam flashcard study system is a compilation of the hundreds of critical concepts you must understand to pass the series 6 test. The exam measures the degree to which each candidate possesses the knowledge needed to perform the critical functions of a general securities representative, including. The series 7 exam the general securities representative qualification examination gs assesses the competency of an entrylevel registered representative to perform their job as a general securities representative. You cant bring your notes into the series 7 exam center, so be sure to stow the following info away in your brain and write it on the scrap paper provided after the test begins. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Series 7 flashcards with series 7 practice questions. Series 7 test breakdown whats on the series 7 test. Study flashcards on series 7 trading markets section 4 options and other markets at. If you think theres even the smallest chance that these flashcards will help you, you owe it to yourself to try them out. For example, a msft june 60 put and a msft jun 65 put would make a vertical spread, also called a price spread to make sure it has at least two names. Series 7 flashcards flashcard machine create, study.
If you do poorly on the exam, you will find yourself with a lot fewer options. The underlying security for which an option contract is created may be a stock, stock market index, foreign currency, interest rate, or government bond. Series 7 book 2 cueflash learn by studying flashcards. An option contract is out the money if exercise would be unprofitable to the holder, ignoring any premiums paid. Series 7 online flashcards by justin bettinger brainscape. Put your time to good use by taking a look at the following articles so you can be ready before the exam even begins, and you can be successful when its completed. Tips for answering series 7 options questions investopedia. Series 7 exam flashcard study system uses repetitive methods of study to teach you how to break apart and quickly solve difficult test questions on the general securities representative exam. Stc usa helps you to prepare for your series 57 exam. The timer of the exam will not stop once the exam starts. Do not use the browser back button while doing this test. Study online or on brainscapes iphone, ipad, or android app. The flashcards below were created by user medmikebb717 on freezingblue flashcards.
Financial exams, professional certifications, series 7. This content outline provides a comprehensive guide to the topics covered on the general securities representative qualification examination series 7. Study after study has shown that spaced repetition is the most effective form of learning, and nothing beats flashcards when it comes to making repetitive. Study flashcards on series 7, chapter 3 equity options at.
This online study tool provides you with the ability to test your comprehension of the exam content whenever and wherever you have internet access. A customer long stock who wishes to reduce risk and generate income should. Study flashcards on investopedia practice exam series 7 at. The exam consists of 125 multiple choice questions administered through computer using the proctor system. Study series 7 unit 4 options flashcards from matt mickenss class online, or in brainscapes iphone or android app. Click here to order series 7 exam flashcards study system.
The most efficient way to prep for the finra series 7 topoff exam on the web, iphone, or android. The series 7 examination is the general securities representative qualification examination. Series 7 flashcards term definition margin account. Study 175 options chapter 3 series 7 flashcards from cayla j. Profit of the holder when the market price is higherabove than the strike price option has intrinsic value i. Choose from 500 different sets of series 7 options flashcards on quizlet. Series 7 exam flashcard study system by series 7 exam.
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Here are some tips to help you ace the largest and most difficult section of the series 7 exam, the options questions section. The series 7 study guide provided by mometrix, as well as the series 7 flashcards, are specifically designed to help you obtain the very best test score possible. The series 7 exam flashcards study system is available at this web page. Proven series 7 test flashcards raise your score on the series 7 test. Series 7 2 purpose of the exam the series 7 exam is designed to assess the competency of entrylevel general securities representatives. Longterm options contracts that allow people to speculate on prices that are up to 39 months into the future.
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