Friday, November 26, 2010

Series 7 Securities Exam - Chapter 16

Equity Options and Trading

Did terrible. Missed 4, 6, 7, 12-15.

Question content; trading deadline of options. twice. to buy/sell stops at 402. HOLDERS window to exercise ends at 530.

OCC's role in the market.

Margin minimum and basic requirements. Twice. One covered and one uncovered.

CROP and options exchanges need educational material.

CROP and how many contracts on a single side of the market, exercise limits.

To close a hold position you make a closing sale.



Whoop tee do.

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