Series 3: Chapter Four

Taken from our Series 3

Chapter Four

Simple Options and the Futures Market

Options in financial markets have been around for a long time. However, until relatively recently they were bought and sold exclusively over-the-counter. This changed soon after the futures exchanges expanded their commodities trading to include financial products. In 1973 the Chicago Board of Trade organized a new exchange for trading options on stocks. Called the Chicago Board Options Exchange, it standardized the terms of options contracts and assumed the credit risk of the option writer. Its success led to the development of a standardized options market o

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: Chapter Four, you might also be interested in:

Series 6 - Exercise

Series 24 - 2.2. Supervising the Conduct of Associated Persons

Series 3 - 7.3.7.4. Profit Sharing

Series 66 - Other Provisions

Series 53 - 2.5.5.2. Ban on Business

Series 99 - 1.2.2.7.1 Buying Power

Series 22 - Communications Not Deemed a Prospectus

Series 63 - Exercise

Series 24 - 5.5.2.3. Executing Orders on the Exchange

Series 52 - 1.6.2. 529 Education Savings Plans

Series 54 - 3.1.6. Associated Persons

Series 54 - 3.1.2. Form A-12

Series 66 - 2.2.5.4 Callable Preferred Stock

Series 27 - Closing Out a Position

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

Taking the 63 felt like a breeze, thanks to your exam prep materials. I didn't have to flag any questions for review, and was confident throughout that I'd get to see the screen say "Pass" when it was over.
Now 3-for-3 using Solomon to help me pass a licensing exam on the first attempt. The materials are easy to digest and comprehensive, and having the ability to take high-quality practice tests prepared me well for the real exams. Very grateful to my employer for using this content, and to the team at Solomon for making it so complete and easy to use.

Andrew Nerys, Square Inc. San Francisco, CA

Dear Solomon Exam Prep, Thank you for your great exam prep materials for the Series 82 Top-Off Exam...I recently took it and passed.

Mordechai Slovin, Palladium Capital Advisors, Israel

I passed the Series 7 on my first attempt. In fact, five years ago, I also passed both the Series 6 and 63 on my first attempt. In all cases, I used Solomon Exam Prep materials which make sometimes 'dry' topics much more readable. Also, having the option to take an unlimited number of practice tests and receive immediate, thorough feedback was invaluable. I highly recommend them!

Blaine Burnett