Options Contracts: 3 Practice Tests

Options are just another investment vehicle that (hopefully) more-savvy investors can use and you must definitely be well familiar with before your exam day.

These practice exams will prepare you for the options part of the Series 7/SIE/Series 65 and other FINRA exams. You can view this course as realistic alternative to paying for hours of tutoring and allows you to pause, rewind, and/or repeat concepts as needed.

Number of questions Exam 1 : 30

Number of questions Exam 2 : 30

Number of questions Exam 3 : 30

Outline:

- Listed options and their characteristics

- American-style and European-style

- Basic strategies (e.g., covered writing and hedging for equity, index, foreign currency and yield-based options)

- Advanced strategies (e.g., spreads, straddles, combinations, uncovered writing)

- Profit and loss calculations, break-even points, economics of positions

-Tax treatment of option transactions (equity, index, foreign currency, yield-based)

- Options delivery

- Options disclosure documents